MASSMART HOLDINGS LIMITED - Notification of Directors dealing in Massmart Holdings Limited securities

Notification of Director’s dealing in Massmart Holdings Limited securities

 

Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1940/014066/06)
Share Code: MSM
ISIN: ZAE0000152617
(“Massmart” or “the Company”)

Notification of Director’s     dealing   in   Massmart   Holdings
Limited securities

In compliance with rule 3.63 to 3.66 of the JSE Listing
Requirements, the following dealings in the securities of
Massmart Holdings Limited have taken place by an Executive
Director of Massmart:

     Director:                    Ilan Zwarenstein
     Company:                     Massmart Holdings Ltd
     Number of securities:        20,000
     Class of security:           Ordinary
     Nature of interest:          Direct, beneficial
     Nature of transaction:       Exercise of options / Sale
                                  of shares
     Option strike dates:         01 April 2008, 26 May 2008,
                                  27 May 2009
     Date of sale:                25 October 2012
     Prior authority to transact: Obtained

     i)    Nature of transaction:   Exercise of options
           No:                      20,000
           Vesting Periods:         01 April 2011, 01 April
                                    2012, 26 May 2011, 27 May
                                    2011, 26 May 2012
           Price:                   Weighted    Average Price:
                                    R72.09
     ii)   Nature of transaction: Sale of shares
           No:                      20,000
           Price:                   R 172.3843
           Total transaction value: R 3,447,686.00
     The transaction set out above was an on-market trade.

Shareholding:   The   shares   sold   represent   9.87% of   Mr
Zwarenstein’s    Massmart    shareholding    comprising  direct
purchases and/or shares and share options acquired in terms of
the rules of the Massmart Holdings Limited Employee Share
Trust.   After the abovementioned sale, Mr Zwarenstein still
holds 182,659 Massmart shares or options.


Johannesburg
26 October 2012

Sponsor: Deutsche Securities (SA) Proprietary Limited




 

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