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MSM - Massmart Holdings Limited - Notification of acceptance of shares and share
options by Executive Directors, Executive Committee Members and Company
Secretary of Massmart Holdings Limited
Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1940/014066/06)
Share code: MSM
ISIN: ZAE000152617
("Massmart" or "the Company")
Notification of acceptance of shares and share options by Executive Directors,
Executive Committee Members and Company Secretary of Massmart Holdings Limited
In compliance with rules 3.63 to 3.66 of the JSE Listings Requirements, we
hereby advise that share options in Massmart securities have been offered to
eligible Group employees. These share options were offered on 01 September 2011
at a strike price of R 153.8377 being the 5 day volume weighted average price on
31 August 2011, in terms of the rules of the Massmart Holdings Limited Employee
Share Trust. This offer was approved by the Massmart Holdings Limited
Remuneration and Nominations Committee.
The total allocation of these share options is 1,467,849 of which 78.13% was
offered to the Executive Directors, Executive Committee Members and Company
Secretary as listed below. The acceptance date of the share options by the
beneficiaries listed below is 02 September 2011. These share options are
exercisable as to one quarter each in September 2013, September 2014, September
2015 and September 2016.
Name: Grant Pattison
Position held: Chief Executive Officer ("CEO")
Company: Massmart Holdings Limited
Number of securities: 158,603
Total value: R24,399,114.38
Class of security: Option on ordinary shares
Nature of interest: Indirect/Beneficial
Name: Guy Hayward
Position held: Chief Financial Officer
Company: Massmart Holdings Limited
Number of securities: 120,987
Total value: R18,612,356.96
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Ilan Zwarenstein
Position held: Company Secretary
Company: Massmart Holdings Ltd
Number of securities: 42,627
Total value: R6,557,637.93
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Jay Currie
Position held: Director - Masscash
Company: Masscash Holdings (Pty) Ltd
Number of securities: 81,924
Total value: R12,602,996.45
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Jan Potgieter
Position held: Divisional CEO
Company: Massdiscounters (Pty) Ltd
Number of securities: 102,213
Total value: R15,724,208.73
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Kevin Vyvyan-Day
Position held: Divisional CEO
Company: Makro Southern Africa (Pty) Ltd
Number of securities: 103,985
Total value: R15,996,809.07
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Llewellyn Walters
Position held: Divisional CEO
Company: Massbuild (Pty) Ltd
Number of securities: 91,731
Total value: R14,111,682.38
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Robin Wright
Position held: Divisional CEO
Company: Masscash Holdings (Pty) Ltd
Number of securities: 86,796
Total value: R13,352,493.53
Class of security: Option on ordinary shares
Nature of interest: Indirect/Beneficial
Name: Brian Leroni
Position held: Corporate Affairs Executive
Company: Massmart Holdings Limited
Number of securities: 58,460
Total value: R8,993,349.60
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Pearl Maphoshe
Position held: Group Human Capital Executive
Company: Massmart Holdings Limited
Number of securities: 64,416
Total value: R9,909,606.70
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Mncane Mthunzi
Position held: Supplier Business Development Executive
Company: Massmart Holdings Limited
Number of securities: 160,565
Total value: R24,700,943.87
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Gareth Owens
Position held: Divisional CEO - New Formats
Company: Massmart Holdings Limited
Number of securities: 20,199
Total value: R3,107,366.89
Class of security: Option on ordinary shares
Nature of interest: Direct/Beneficial
Name: Llewellyn Steeneveldt
Position held: Group Commercial Executive
Company: Massmart Holdings Limited
Number of securities: 54,326
Total value: R8,357,384.71
Class of security: Option on ordinary shares
Nature of interest: Indirect/Beneficial
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
Johannesburg
5 September 2011
Sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 05/09/2011 11:03:01 Supplied by www.sharenet.co.za
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