THE SPAR GROUP LIMITED - Acceptance of shares by directors and company secretary

Acceptance of shares by directors and company secretary

THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
ISIN: ZAE000058517
JSE Code: SPP
(“SPAR”)


ACCEPTANCE OF SHARES BY DIRECTORS AND COMPANY SECRETARY


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, SPAR hereby
advises its shareholders of the following acceptance of awards of shares by directors and the company
secretary of SPAR in terms of The SPAR Conditional Share Plan (“CSP”):


 Nature of transaction:                          Acceptance of an award of shares in terms of the
                                                 CSP
 Date of acceptance:                             12 February 2019
 Nature of interest:                             Direct beneficial
 On-market or off-market:                        Off-market
 Clearance obtained:                             Yes


 Name of director:                               Graham O’ Connor
 Number of shares:                               33 100 (21 100 performance shares and 12 000
                                                 restricted shares)
 Class of securities:                            Performance shares and restricted shares, linked to
                                                 ordinary shares, in terms of the CSP vesting criteria
 Vesting period:                                 Three years for annual award of performance shares
                                                 and in equal parts after years three, four and five for
                                                 restricted shares
 Deemed value per award:                         R190,21
 Total deemed value:                             R6 295 951


 Name of director:                               Wayne Hook
 Number of shares:                               15 800 (9 800 performance shares and 6 000
                                                 restricted shares)
 Class of securities:                            Performance shares and restricted shares, linked to
                                                 ordinary shares, in terms of the CSP vesting criteria
 Vesting period:                                 Three years for annual award of performance shares
                                                 and in equal parts after years three, four and five for
                                                 restricted shares
 Deemed value per award:                         R190,21
 Total deemed value:                             R3 005 318


 Name of director:                               Roelf Venter
 Number of shares:                               15 200 (9 200 performance shares and 6 000
                                                 restricted shares)
 Class of securities:                            Performance shares and restricted shares, linked to
                                                 ordinary shares, in terms of the CSP vesting criteria
 Vesting period:                                 Three years for annual award of performance shares
                                                 and in equal parts after years three, four and five for
                                                 restricted shares
 Deemed value per award:                         R190,21
 Total deemed value:                             R2 891 192


 Name of director:                               Mark Godfrey
 Number of shares:                               20 800 (12 800 performance shares and 8 000
                                                 restricted shares)
 Class of securities:                            Performance shares and restricted shares, linked to
                                                 ordinary shares, in terms of the CSP vesting criteria
 Vesting period:                                 Three years for annual award of performance shares
                                                 and in equal parts after years three, four and five for
                                                 restricted shares
 Deemed value per award:                         R190,21
 Total deemed value:                             R3 956 368


 Name of company secretary:                      Mandy Hogan
 Number of shares:                               1 700 performance shares
 Class of securities:                            Performance shares linked to ordinary shares, in
                                                 terms of the CSP vesting criteria
 Vesting period:                                 Three years for annual award of performance shares
 Deemed value per award:                         R190,21
 Total deemed value:                             R323 357



Pinetown
13 February 2019


Sponsor
One Capital

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