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

Release Date: 02/09/2010 15:42
Code(s): MSM
Wrap Text

MSM - Massmart Holdings Limited - 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 Listing Requirements, the following dealings in the securities of Massmart Holdings Limited have taken place by a director of a major subsidiary of the Company: Subsidiary director: Chris Lourens Subsidiary: Massbuild Number of securities: 18,581 Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Exercise of Options / Sale of shares Option Strike dates: 23 May 2006, 24 May 2007, 24 August 2007 Date: 01 September 2010 Prior authority to transact: Obtained i) Nature of transaction: Exercise of options No: 18,581 Vesting Periods: 24 May 2009, 24 May 2010, 23 May 2010, 24 August 2010 Price: Weighted Average price: R85.16 ii) Nature of transaction: Sale of shares No 18,581 Price: R124.00 Total transaction value: R 2,304,044.00 The transaction set out above was an on-market trade 2 September 2010 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 02/09/2010 15:42:01 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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