THE SPAR GROUP LIMITED - Exercise of options and sale of shares by a director

Exercise of options and sale of shares by a director

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 A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings
Requirements”), SPAR shareholders are hereby advised of the following dealings in securities by a
director of SPAR:


Name of director:                                  Mark Wayne Godfrey
Nature of transaction:                             Exercise of options in terms of the rules of the SPAR
                                                   Group Limited Employee Share Trust (“Exercise”)
                                                   and subsequent sale of shares (“Sale”)
Nature and extent of interest:                     Direct beneficial
Clearance given in terms of paragraph 3.66 of
the Listings Requirements:                         Yes

EXERCISE
Class of securities:                               Options in respect of SPAR ordinary shares
Date of Exercise:                                  2 December 2020
Number of options exercised and strike price:      25 000 at R99.91 (which expire on 8 December 2020)
Total value of transaction:                        R2 497 750.00
Transaction completed:                             Off-market

SALE
Class of security:                                 SPAR ordinary shares
Transactions completed:                            On-market

Sale 1
Date of transaction:                               3 December 2020
Number of ordinary shares:                         3 352
Price per ordinary share:                          Various different trades with the following price
                                                   information:
                                                   -    volume weighted average price of R195.09;
                                                   -    highest price of R195.49; and
                                                   -    lowest price of R195.00
Value of transaction:                              R653 941.68

Sale 2
Date of transaction:                               4 December 2020
Number of ordinary shares:                         59
Price per ordinary share:                          R195.00
Value of transaction:                              R11 505.00

Sale 3
Date of transaction:                               7 December 2020
Number of ordinary shares:                         2 646
Price per ordinary share:                          R195.00
Value of transaction:                              R515 970.00


Pinetown
8 December 2020

Sponsor
One Capital

Date: 08-12-2020 05:21:00
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