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MSM - Massmart - Executive committee member`s dealing in Massmart securities

Release Date: 26/02/2007 17:38
Code(s): MSM
Wrap Text

MSM - Massmart - Executive committee member`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 Executive Committee Member`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 an Executive Committee Member of the Company: Executive Committee Member: Robin Wright Number of securities: 533,006 Class of security: Ordinary Nature of interest: Indirect, non-beneficial Nature of transaction: Exercise of options / Sale of shares i) Nature of transaction: Exercise of options No: 433,006 Price: R 12.37 per option ii) Nature of transaction: Exercise of options No: 50,000 Price: R12.25 per option iii) Nature of transaction: Exercise of options No: 50,000 Price: R10.95 per option iv) Nature of transaction: Sale of shares Date: 23 February 2007 No: 533,006 Price: R83.6594 Total transaction value: R44,590,962.16 Shareholding: The shares sold represent 48.69% of Mr Wright`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 Wright still holds 561,602 Massmart shares or options. The required clearance per section 3.66 of the JSE Listings Requirements was obtained. 26 February 2007 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 26/02/2007 17:38:57 Supplied by www.sharenet.co.za Produced by the JSE SENS Department.

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