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MSM - Massmart Holdings Limited - Notification of dealings in securities of

Release Date: 09/03/2010 12:42
Code(s): MSM
Wrap Text

MSM - Massmart Holdings Limited - Notification of dealings in securities of Massmart by an Executive Committee Member and director of a subsidiary of the Company 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 dealings in securities of Massmart by an Executive Committee Member and director of a subsidiary of the Company In compliance with rule 3.63 to 3.66 of the JSE Listings Requirements, the following dealings in the securities of Massmart have taken place by an Executive Committee Member and director of a subsidiary of the Company: Executive Committee Member and Robin Wright Subsidiary Director: Subsidiary: Masscash No of securities: 44,114 Class of security: Ordinary Nature of interest: Indirect, beneficial Nature of transaction: Exercise of options / Sale of shares Option Strike date: 26 May 2004 Date: 05 March 2010 Prior authority to transact: Obtained i) Nature of transaction: Exercise of options No: 44,114 Vesting Periods: 26 May 2006, 26 May 2007, 26 May 2008, 26 May 2009
Price: Weighted Average price: R29.87 ii) Nature of transaction: Sale of shares No 44,114 Price: R101.0038 Total transaction value: R 4,455,681.63 Shareholding: The shares sold represent 7.30% of Mr Wright`s Massmart shareholding comprising shares acquired in terms of the rules of the Massmart Holdings Limited Employee Share Trust. After the abovementioned sale, Mr Wright still holds 560,114 Massmart shares or options. 9 March 2010 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 09/03/2010 12:42:01 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.

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