THE SPAR GROUP LIMITED - Exercise of options and sale of shares by the company secretary

Exercise of options and sale of shares by the company secretary

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 BY THE COMPANY SECRETARY

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements, SPAR
shareholders are hereby advised of the following dealing in securities by the company secretary of
SPAR:

Name of company secretary:                           Mr Kevin O’Brien
Nature of transaction:                               Exercise of options in terms of the rules of the
                                                     SPAR Group Limited Share Employee Trust 2004
                                                     (“Exercise”) and subsequent sale of shares (“Sale”)
Date of Exercise and Sale:                           4 February 2016
Class of security:                                   Options in respect of SPAR ordinary shares
Number of options exercised and strike price:        6 000 at R96.46 (“Exercise 1”)
                                                     6 800 at R99.91 (“Exercise 2”)
Total value of Exercise 1:                           R578 760.00
Total value of Exercise 2:                           R679 388.00
Number of SPAR ordinary shares sold:                 12 800
Price per ordinary share:                            Various different trades with the following price
                                                     information:
                                                          - volume weighted average price of
                                                             R180.3663;
                                                          - highest price of R180.55; and
                                                          - lowest price of R180.00
Total value of Sale:                                 R2 308 688.64
Transactions completed:                              Exercise: off-market
                                                     Sale: on-market
Nature of interest:                                  Direct beneficial
Clearance given in terms of paragraph 3.66:          Yes


Pinetown
5 February 2016

Sponsor
One Capital

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