Wrap Text
MSM - Massmart Holdings Limited - Notification of acceptance of shares and share
options
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 acceptance of shares and share options by an Executive Director,
Executive Committee Members, Directors of Major Subsidiaries and Company
Secretaries of Massmart Holdings Limited
In compliance with rules 3.63 to 3.66 of the JSE Listings Requirements, we
hereby advise that shares or share options in Massmart Holdings securities have
been offered to all eligible Group employees. These shares and share options
were offered on 26 May 2008 at a strike price of R72.8593 being the 5 day volume
weighted average price on 23 May 2008, in terms of the rules of the Massmart
Holdings Limited Employee Share Trust. This offer was approved by the Massmart
Holdings Remuneration and Nominations Committee.
The total allocation of these shares or share options is 4,449,767 of which
28.15% was offered to the Executive Directors, Directors of Major Subsidiaries,
Executive Committee members and Company Secretaries as listed below. The
acceptance date of the shares or share options by the beneficiaries listed below
is 18 June 2008. These shares and share options are exercisable as to one
quarter each in May 2010, May 2011, May 2012 and May 2013.
Name: Grant Pattison
Position held: Chief Executive Officer
Company: Massmart Holdings Limited
Number of securities: 85,248
Total value: R6,211,109.61
Class of security: Ordinary shares
Nature of interest: Direct/Beneficial
Name: Guy Hayward
Position held: Chief Financial Officer
Company: Massmart Holdings Limited
Number of securities: 74,643
Total value: R5,438,436.73
Class of security: Ordinary shares
Nature of interest: Direct/Beneficial
Name: Bruce Cayzer
Position held: Merchandise Director
Company: Makro Southern Africa (Pty) Ltd
Number of securities: 41,220
Total value: R3,003,260.35
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Doug Jones
Position held: Financial Director
Company: Makro Southern Africa (Pty) Ltd
Number of securities: 17,572
Total value: R1,280,283.62
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Derick Kalan
Position held: Merchandise Director - GM
Company: Makro Southern Africa (Pty) Ltd
Number of securities: 43,991
Total value: R3,205,153.47
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Gert Lourens
Position held: Operations Director
Company: Makro Southern Africa (Pty) Ltd
Number of securities: 36,273
Total value: R2,642,825.39
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Thuli Mpshe
Position held: HR Director
Company: Makro Southern Africa (Pty) Ltd
Number of securities: 25,271
Total value: R1,841,227.37
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Chris Nezar
Position held: Marketing Director
Company: Makro Southern Africa (Pty) Ltd
Number of securities: 34,720
Total value: R2,529,674.90
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Aubrey Cimring
Position held: Managing Director - Builders Warehouse
Company: Massbuild (Pty) Ltd
Number of securities: 56,521
Total value: R4,118,080.50
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Llewellyn Steeneveldt
Position held: Managing Director - Builders Express
Company: Massbuild (Pty) Ltd
Number of securities: 23,670
Total value: R1,724,579.63
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Alex Rymaszewski
Position held: Store Development Director
Company: Massbuild (Pty) Ltd
Number of securities: 32,789
Total value: R2,388,983.59
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Michael Marshall
Position held: BSP Director
Company: Masscash Holdings (Pty) Ltd
Number of securities: 28,797
Total value: R2,098,129.26
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Neville Dunn
Position held: Financial Director
Company: Masscash Holdings (Pty) Ltd
Number of securities: 39,159
Total value: R2,853,097.33
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Robin Wright
Position held: Divisional CEO
Company: Masscash Holdings (Pty) Ltd
Number of securities: 76,797
Total value: R5,595,375.66
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Jane Bruyns
Position held: HR Director
Company: Masscash Holdings (Pty) Ltd
Number of securities: 50,000
Total value: R3,642,965.00
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Craig Surmon
Position held: Procurement Director
Company: Masscash Holdings (Pty) Ltd
Number of securities: 28,202
Total value: R2,054,777.98
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Robert Barrell
Position held: Store Operations Director
Company: Massdiscounters (Pty) Ltd
Number of securities: 28,491
Total value: R2,075,834.32
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: John Hart
Position held: Systems & Supply Chain Director
Company: Massdiscounters (Pty) Ltd
Number of securities: 30,406
Total value: R2,215,359.88
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Mark Turner
Position held: Marketing Director
Company: Massdiscounters (Pty) Ltd
Number of securities: 25,495
Total value: R1,857,547.85
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Tyrone Vieira
Position held: Merchandise Director
Company: Massdiscounters (Pty) Ltd
Number of securities: 27,658
Total value: R2,015,142.52
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Jay Currie
Position held: Group Commercial Executive
Company: Massmart Holdings Ltd
Number of securities: 152,359
Total value: R11,100,770.09
Class of security: Ordinary shares
Nature of interest: Direct/Beneficial
Name: Pearl Maphoshe
Position held: Group HR Executive
Company: Massmart Holdings Ltd
Number of securities: 30,057
Total value: R2,189,931.98
Class of security: Ordinary shares
Nature of interest: Direct/Beneficial
Name: Gareth Owens
Position held: Divisional CEO - New Formats
Company: Massmart Holdings Ltd
Number of securities: 75,633
Total value: R5,510,567.44
Class of security: Ordinary shares
Nature of interest: Direct/Beneficial
Name: Jan Potgieter
Position held: Managing Director
Company: Massdiscounters (Pty) Ltd
Number of securities: 39,971
Total value: R2,912,259.08
Class of security: Ordinary shares
Nature of interest: Direct/Beneficial
Name: Kevin Vyvyan-Day
Position held: Divisional CEO
Company: Makro Southern Africa (Pty) Ltd
Number of securities: 73,790
Total value: R5,376,287.75
Class of security: Ordinary shares
Nature of interest: Direct/Beneficial
Name: Ilan Zwarenstein
Position held: Company Secretary
Company: Massmart Holdings Ltd
Number of securities: 65,616
Total value: R4,780,735.83
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Lindy van Heerden
Position held: Company Secretary
Company: Masstores (Pty) Ltd
Number of securities: 8,146
Total value: R593,511.86
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
19 June 2008
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 19/06/2008 12:28:01 Supplied by www.sharenet.co.za
Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
