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)
JSE Code: SPP
ISIN: ZAE000058517
(“SPAR”)

ACCEPTANCE OF SHARES BY DIRECTORS AND COMPANY SECRETARY

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, SPAR hereby advises
its shareholders of the following acceptance of shares by directors and the company secretary of
SPAR:

 Name of director:                               Graham O’ Connor
 Company to which he is a director:              SPAR
 Nature of transaction:                          Acceptance of an award of shares in terms of The
                                                 SPAR Conditional Share Plan (“CSP”)
 Date of acceptance:                             7 February 2018
 Number of shares:                               30 700 (20 700 performance shares and 10 000
                                                 restricted shares)
 Class of securities:                            Performance shares and restricted shares, linked to
                                                 ordinary shares, in terms of the CSP
 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:                         R190.25
 Total deemed value:                             R5 840 675
 Nature of interest:                             Direct beneficial
 On-market or off-market:                        Off-market
 Clearance obtained:                             Yes


 Name of director:                               Wayne Hook
 Company to which he is a director:              SPAR
 Nature of transaction:                          Acceptance of an award of shares in terms of the
                                                 CSP
 Date of acceptance:                             7 February 2018
 Number of shares:                               13 000 (8 000 performance shares and 5 000
                                                 restricted shares)
 Class of securities:                            Performance shares and restricted shares, linked to
                                                 ordinary shares, in terms of the CSP
 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:                         R190.25
 Total deemed value:                             R2 473 250
 Nature of interest:                             Direct beneficial
 On-market or off-market:                        Off-market
 Clearance obtained:                             Yes


Name of director:                                Roelf Venter
Company to which he is a director:               SPAR
Nature of transaction:                           Acceptance of an award of shares in terms of the
                                                 CSP
Date of acceptance:                              7 February 2018
Number of shares:                                15 000 (9 000 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 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:                          R190.25
Total deemed value:                              R2 853 750
Nature of interest:                              Direct beneficial
On-market or off-market:                         Off-market
Clearance obtained:                              Yes


Name of director:                                Mark Godfrey
Company to which he is a director:               SPAR
Nature of transaction:                           Acceptance of an award of shares in terms of the
                                                 CSP
Date of acceptance:                              7 February 2018
Number of shares:                                17 500 (10 500 performance shares and 7 000
                                                 restricted shares)
Class of securities:                             Performance shares and restricted shares, linked to
                                                 ordinary shares, in terms of the CSP
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:                          R190.25
Total deemed value:                              R3 329 375
Nature of interest:                              Direct beneficial
On-market or off-market:                         Off-market
Clearance obtained:                              Yes


Name of company secretary:                       Mandy Hogan
Company to which she is a company                SPAR
secretary:
Nature of transaction:                           Acceptance of an award of shares in terms of the
                                                 CSP
Date of acceptance:                              7 February 2018
Number of shares:                                2 900 (1 700 performance shares and 1 200
                                                 restricted shares)
Class of securities:                             Performance shares and restricted shares, linked to
                                                 ordinary shares, in terms of the CSP
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:                          R190.25
Total deemed value:                              R551 725
Nature of interest:                              Direct beneficial
On-market or off-market:                         Off-market
Clearance obtained:                              Yes


Pinetown
7 February 2018

Sponsor
One Capital

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