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MSM - Massmart Holdings Limited - Notification of executive committee member`s

Release Date: 09/09/2010 14:20
Code(s): MSM
Wrap Text

MSM - Massmart Holdings Limited - Notification of executive committee member`s dealing in Massmart Holdings Limited 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 dealing in Massmart Holdings Limited 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 of the Company: Executive Committee Member : Gareth Owens Number of securities : 15,970 Class of security : Ordinary Nature of interest : Direct, beneficial Nature of transaction : Sale of shares Date : 07 September 2010 Prior authority to transact : Obtained i) Nature of transaction : Sale of shares No 15,970 Price: R127.00 Total transaction value : R 2,028,190.00 Executive Committee Member : Gareth Owens Number of securities : 73,224 Class of security : Ordinary Nature of interest : Direct, beneficial Nature of transaction : Sale of shares Date : 08 September 2010 Prior authority to transact : Obtained ii) Nature of transaction : Sale of shares No 73,224 Price: R127.0712 Total transaction value : R 9,304,661.55 The transactions set out above were on-market trades Shareholding: The shares sold represent 18.29% of Mr Owens` 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 Owens still holds 398,600 Massmart shares or options. 9 September 2010 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 09/09/2010 14:20:01 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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