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

MSM - Massmart - Notification Of Executive Committee Member`s Dealing In

Release Date: 04/05/2007 10:45
Code(s): MSM
Wrap Text

MSM - Massmart - Notification Of Executive Committee Member`s Dealing In Massmart Holdings Limited 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 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 have taken place by an Executive Committee Member of the Company: Executive Committee Member: Steven Glendinning Number of securities: 105,894 Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Exercise of options / Sale of shares i) Nature of transaction: Exercise of options No: 25,000 Price: R12.03 ii) Nature of transaction: Sale of shares Date: 2 May 2007 No: 105,894 Price: R95.00 Total transaction value: R10,059,930.00 Shareholding: The shares sold represent 69.44% 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 46,606 Massmart shares or options. The required clearance per section 3.66 of the JSE Listings Requirements was obtained. 04 May 2007 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 04/05/2007 10:45:45 Supplied by www.sharenet.co.za Produced by the JSE SENS Department.

Share This Story