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

Release Date: 30/03/2009 15:20
Code(s): MSM
Wrap Text

MSM - Massmart - Notification Of Executive Committee Member`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 dealings in Massmart securities In compliance with rule 3.63 to 3.66 of the JSE Limited Listings Requirements, the following dealings in the securities of Massmart have taken place by an Executive Committee Member of the Company: Executive Committee Member: Jay Currie Number of securities: 8,218 Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Exercise of options / Sale of shares Option strike date: 27 May 2003 Date of transaction: 27 March 2009 Prior authority to transact: Obtained i) Nature of transaction: Exercise of options No: 8,218 Vesting periods: 4,108 on 27 May 2007 & 4,110 on 27 May 2008
Price: Weighted Average price: R18.98 Total value of share options exercised R155 977.64 ii) Nature of transaction: Sale of shares No: 8,218 Price: R70.00 Total value of shares sold: R575,260.00 Shareholding: The shares sold represent 2.98% of Mr Currie`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 Currie still holds 267,932 Massmart shares or options. 30 March 2009 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 30/03/2009 15:20:00 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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