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

Release Date: 05/05/2010 11:47
Code(s): MSM
Wrap Text

MSM - Massmart Holdings - Notification of dealings in securities of Massmart by a director of a major subsidiary 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 a director of a major subsidiary 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 a director of a subsidiary of the Company: Subsidiary director: Chris Lourens Subsidiary: Massbuild Number of securities: 18,363 Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Exercise of options / Sale of shares Option Strike dates: 01 May 2005, 24 August 2007, 01 April 2008 Date: 03 May 2010 Prior authority to transact: Obtained i) Nature of transaction: Exercise of options No: 18,363 Vesting Periods: 24 August 2009, 01 April 2010, 01 May 2010 Price: Weighted Average price: R68.01 ii)Nature of transaction: Sale of shares No: 18,363 Price: R111.2119 Total transaction value: R 2,042,184.12 The transaction set out above was an on-market trade 5 May 2010 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 05/05/2010 11:47:50 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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