To view the PDF file, sign up for a MySharenet subscription.

Massmart - Notification of Subsidiary Director"s dealing in Massmart securities

Release Date: 28/02/2006 11:43
Code(s): MSM
Wrap Text

Massmart - Notification of Subsidiary Director"s dealing in Massmart securities 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 securities In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the following dealings in the securities of Massmart have taken place by a director of a subsidiary company: Director: Steven Whiley Subsidiary Company: Massdiscounters Number of securities: 15,864 Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Sale Date: 24 February 2006 1. Nature of transaction: Exercise of options Price: R18.06 per option 2. Nature of transaction: Sale of shares Price: R62.9130 per share Total transaction value: R998,051.83 Shareholding: The shares sold represent 4.09% of Mr Whiley"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 Whiley still holds 386,999 shares or options". The required clearance per section 3.66 of the JSE Listings Requirements was obtained. 28 February 2006 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 28/02/2006 11:43:08 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

Share This Story