THE SPAR GROUP LIMITED - Acceptance of shares by directors & dealings in securities by The SPAR Group Limited Conditional Share Plan (CSP)

Acceptance of shares by directors & dealings in securities by The SPAR Group Limited Conditional Share Plan (“CSP”)

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

ACCEPTANCE OF SHARES BY DIRECTORS AND DEALINGS IN SECURITIES BY THE SPAR
GROUP LIMITED CONDITIONAL SHARE PLAN ("CSP")

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements
("Listings Requirements"), SPAR hereby advises shareholders of the following dealings in securities:

ACCEPTANCE OF AWARDS OF SHARES BY DIRECTORS OF SPAR

 Nature of transactions:                             Acceptance of awards of shares in terms of the
                                                     CSP
 Date of acceptance:                                 7 December 2023
 Class of securities:                                Performance shares linked to SPAR ordinary
                                                     shares in terms of the CSP vesting criteria
 Vesting period:                                     Three years for annual award of performance
                                                     shares
 Deemed value per award:                             R116.54
 Nature and extent of interest:                      Direct beneficial
 Transaction completed:                              Off-market
 Clearance given in terms of paragraph 3.66 of the   Yes
 Listings Requirements:

 Name of director:                                   Angelo Swartz
 Number of shares:                                   18 400 performance shares
 Total deemed value:                                 R2 144 336.00

 Name of director:                                   Mark Godfrey
 Number of shares:                                   31 600 performance shares
 Total deemed value:                                 R3 682 664.00


DEALINGS IN SECURITIES BY THE CSP

 Name of entity:                                     CSP
 Nature of transactions:                             Purchase of SPAR ordinary shares in order to settle
                                                     obligations to certain participants of the CSP in
                                                     respect of awards that had vested
 Class of securities:                                SPAR ordinary shares
 Transactions completed:                             On-market
 Nature and extent of interest:                      Direct beneficial
 Clearance given in terms of paragraph 3.66 of the
 Listings Requirements:                              Yes

Transaction 1

 Date of transaction:                                4 December 2023
 Number of SPAR ordinary shares purchased:           12 596
 Price per SPAR ordinary share:                      Various different trades with the following price
                                                     information:
                                                     -    volume weighted average price of R115.9221
                                                     -    highest price of R116.72
                                                     -    lowest price of R115.19
 Total value of transaction:                         R1 460 154.77

Transaction 2

 Date of transaction:                                6 December 2023
 Number of SPAR ordinary shares purchased:           5 062
 Price per SPAR ordinary share:                      R116.20
 Total value of transaction:                         R588 204.40


Pinetown
8 December 2023

Sponsor
One Capital

Date: 08-12-2023 04:40:00
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