THE SPAR GROUP LIMITED - Exercise of options and sale of shares

Exercise of options and sale of shares

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

EXERCISE OF OPTIONS AND SALE OF SHARES

In compliance with paragraphs 3.63 of the JSE Limited Listings Requirements (“Listings
Requirements”), we hereby advise of the following dealing by the company secretary of
SPAR:

Name of company secretary:                                   Mr Kevin O’Brien
Date of transaction:                                         21 August 2014
Nature of transaction:                                       Exercise of options in terms of the
                                                             rules of the SPAR Share Incentive
                                                             Scheme (“Exercise”) and subsequent
                                                             sale of shares (“Sale”)
Class of security:                                           Options in respect of SPAR ordinary
                                                             shares
Number of options exercised and strike price:                6 600 at R66.42
Total value of Exercise:                                     R438 372
Number of shares sold:                                       6 600 SPAR ordinary shares
Price per ordinary share:                                    Various different trades with the
                                                             following information:
                                                                  - volume weighted average
                                                                      price of R127.7134
                                                                  - highest price of R127.76
                                                                  - lowest price of R127.70
Total value of Sale:                                         R842 908.44
Nature and extent of interest:                               Direct beneficial
Clearance obtained in terms of paragraph 3.66 of the
Listings Requirements:                                       Yes
Transactions completed:                                      Exercise- off market
                                                             Sale- on market



Pinetown
22 August 2014


Sponsor
One Capital

Date: 22/08/2014 01:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.