THE SPAR GROUP LIMITED - Directors dealings: acceptance of options

Directors’ dealings: acceptance of options

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

DIRECTORS’ DEALINGS: ACCEPTANCE OF OPTIONS

In compliance with section 3.63 of the JSE Limited Listings Requirements (“Listings
Requirements”), SPAR hereby advises its shareholders of the following dealings by directors
and the company secretary of SPAR:

Name of director                                              Wayne Allan Hook
Date of transaction                                           14 November 2012
Nature of transaction                                         Acceptance of options in terms of the
                                                              SPAR Employee Share Incentive Scheme
Class of securities                                           Options over ordinary shares
Number of shares covered by options                           60 000
Strike price                                                  12 281 cents per share
Vesting period                                                In equal thirds on the 3rd, 4th and 5th
                                                              anniversary of the allocation
Value of transaction                                          -
Nature and extent of directors’ interest                      Direct beneficial
Transaction completed on market                               No
Clearance obtained in terms of paragraph 3.66 of the Listings
Requirements                                                  Yes

Name of director                                              Roelof Venter
Date of transaction                                           14 November 2012
Nature of transaction                                         Acceptance of options in terms of the
                                                              SPAR Employee Share Incentive Scheme
Class of securities                                           Options over ordinary shares
Number of shares covered by options                           30 000
Strike price                                                  12 281 cents per share
Vesting period                                                In equal thirds on the 3rd, 4th and 5th
                                                              anniversary of the allocation
Value of transaction                                          -
Nature and extent of directors’ interest                      Direct beneficial
Transaction completed on market                               No
Clearance obtained in terms of paragraph 3.66 of the Listings
Requirements                                                  Yes

Name of director                                              Mark Wayne Godfrey
Date of transaction                                           14 November 2012
Nature of transaction                                           Acceptance of options in terms of the
                                                                SPAR Employee Share Incentive Scheme
Class of securities                                             Options over ordinary shares
Number of shares covered by options                             30 000
Strike price                                                    12 281 cents per share
Vesting period                                                  In equal thirds on the 3rd, 4th and 5th
                                                                anniversary of the allocation
Value of transaction                                            -
Nature and extent of directors’ interest                        Direct beneficial
Transaction completed on market                                 No
Clearance obtained in terms of paragraph 3.66 of the Listings
Requirements                                                  Yes



Name of Company Secretary                                       Kevin James O’Brien
Date of transaction                                             14 November 2012
Nature of transaction                                           Acceptance of options in terms of the
                                                                SPAR Employee Share Incentive Scheme
Class of securities                                             Options over ordinary shares
Number of shares covered by options                             13 000
Strike price                                                    12 281 cents per share
Vesting period                                                  In equal thirds on the 3rd, 4th and 5th
                                                                anniversary of the allocation
Value of transaction                                            -
Nature and extent of directors’ interest                        Direct beneficial
Transaction completed on market                                 No
Clearance obtained in terms of paragraph 3.66 of the Listings
Requirements                                                  Yes


All of the recipients accepted the allocations outside of the closed period.

Pinetown
14 November 2012


Sponsor
One Capital

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