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Massmart - Notification of Subsidiary Director"s dealing

Release Date: 20/05/2005 15:51
Code(s): MSM
Wrap Text

Massmart - Notification of Subsidiary Director"s dealing Massmart Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1940/014066/06) (Share code:MSM) (ISIN: ZAE000029534) ("Massmart" or "the company") Notification of Subsidiary Director"s dealing in Massmart Holdings Limited Securities In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the following dealings in the securities of Massmart Holdings Limited have taken place by a director of a subsidiary company: Director: S Glendinning Subsidiary Company: Massdiscounters Number of securities: 10,000 Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Sale Date: 18 May 2005 1. Nature of transaction: Exercise of options Price: R12.25 per person 2. Nature of transaction: Sale of shares Price: R42.7960 per share Total transaction value: R427,960.00 Shareholding: The shares sold represent 2.36% of Mr. Glendinning"s Massmart shareholding comprising direct purchases and/or shares acquired in terms of the rules of the
Massmart Holdings Limited Employee Share Trust. After the abovementioned sale, Mr. Glendinning still holds 413,578 shares or options".
20 May 2005 Date: 20/05/2005 03:51:10 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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