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MSM - Massmart Holdings Limited - Director`s dealings in Massmart securities

Release Date: 27/08/2008 10:29
Code(s): MSM
Wrap Text

MSM - Massmart Holdings Limited - Director`s dealings 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 and Subsidiary Director`s dealings in Massmart securities In compliance with rule 3.63 to 3.66 of the JSE Listing Requirements, the following dealings in the securities of Massmart Holdings Limited have taken place by an executive committee member and director of a subsidiary of the Company: Subsidiary director: Aubrey Cimring Subsidiary: Massbuild Number of securities: 71,250 Class of security: Ordinary Nature of interest: Direct, beneficial i) Nature of transaction Sale of shares Date: 25 August 2008 No: 71,250 Price: R79.7879 Total transaction value: R5,684,887.88 Prior authority to transact: Obtained Shareholding: The shares sold represent 24.61% of Mr Cimring`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 Cimring still holds 218,300 Massmart shares or options. 27 August 2008 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 27/08/2008 10:29:53 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.

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