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Massmart - Notification of Director"s dealing

Release Date: 28/09/2004 12:15
Code(s): MSM
Wrap Text

Massmart - Notification of Director"s dealing Massmart Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1940/014066/06) Share code:MSM ISIN: ZAE000029534 ("Massmart") Notification of Director"s dealing in Massmart Holdings Limited securities In compliance with rule 3.63 to 3.66 of the JSE Listings Requirements, the following dealings in the securities of Massmart Holdings Limited have taken place by a director: Director: MJ Rubin Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Purchase Date: 23 September 2004 Number of securities: 217 Price: R 37.70 per share Total value of transaction: R8,180.9 The required clearance per section 3.66 of the Listings Requirements was obtained. NOTIFICATION OF SUBSIDIARY DIRECTORS DEALINGS IN MASSMART HOLDINGS LIMITED SECURITIES In compliance with rule 3.63 to 3.66 of the JSE Listings Requirements, the following dealings in the securities of Massmart Holdings Limited have taken place by directors of a subsidiary company: Director: S Glendinning Name of subsidiary: Massdiscounters (Pty) Limited Number of securities: 25,000 Class of security: Ordinary Nature of interest: Direct, beneficial Date: 27 September 2004 Nature of transaction: Exercise of options Price: R12.03 per option Nature of transaction: Sale of shares Price: R38.0152 per share Shareholding: The shares sold represent 4.77% Mr Glendinning"s Massmart shares, or options to buy shares, held in terms of the rules of the Massmart Holdings Limited Employee Share Trust
Total transaction value: R950,380.0 Director: J Currie Name of subsidiary: Massdiscounters (Pty) Limited Number of securities: 50,000 Class of security: Ordinary Nature of interest: Direct, beneficial Date: 27 September 2004 Nature of transaction: Exercise of options Number of options: 25,000 Price: R12.03 per option Number of options: 25,000 Price: R10.95 per option Nature of transaction: Sale of shares Price: R38.0152 per share Shareholding: The shares sold represent 24.49% Mr Currie"s Massmart shares, or options to buy shares, held
in terms of the rules of the Massmart Holdings Limited Employee Share Trust Total transaction value: R1,900,760.0 The required clearance per section 3.66 of the Listings Requirements was obtained for both directors. 28 September 2004 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 28/09/2004 12:15:11 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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