THE SPAR GROUP LIMITED - Exercise of options by a director

Exercise of options 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 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 dealing in securities by a
director of SPAR:

 Name of director:                                      Mr Mark Wayne Godfrey
 Nature of transaction:                                 Exercise of options in terms of the rules of the
                                                        SPAR Group Limited Employee Share Trust 2004
                                                        (“Exercise”)
 Date of Exercise:                                      23 November 2022
 Class of security:                                     Options in respect of SPAR ordinary shares
 Number of options exercised and strike price:          15 000 options at a strike price of R122.81 (which
                                                        options   were     scheduled      to   expire   on
                                                        23 November 2022)
 Total value of Exercise:                               R1 842 150.00
 Exercise completed:                                    Off-market
 Nature and extent of interest:                         Direct beneficial
 Clearance given in terms of paragraph 3.66 of the
 Listings Requirements:                                 Yes


Pinetown
25 November 2022

Sponsor
One Capital

Date: 25-11-2022 03:46:00
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