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MSM - Massmart Holdings Limited - Notification of Director`s dealing in Massmart

Release Date: 22/03/2012 11:04
Code(s): MSM
Wrap Text

MSM - Massmart Holdings Limited - Notification of Director`s dealing in Massmart Holdings Limited securities Massmart Holdings Limited (Incorporated in the Republic of South Africa) Company registration No. 1940/014066/06 JSE Code: MSM ISIN: ZAE000152617 ("Massmart") Notification of Director`s dealing in Massmart Holdings Limited securities 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 company of Massmart: Subsidiary Director: Llewellyn Walters Subsidiary: Massbuild Number of securities: 35,710 Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Exercise of Options / Sale of shares Option Strike date: 27 October 2008 Date of transaction: 19 March 2012 Prior authority to transact: Obtained i) Nature of transaction: Exercise of options No: 35,710 Vesting Periods: 27 October 2011 Price: Weighted Average price: R 72.42 ii) Nature of transaction: Sale of shares No: 35,710 Price per share: R 168.3279 Total transaction value: R 6,010,989.31 The transaction set out above was an on-market trade. Shareholding: The shares sold represent 15.51% of Mr Walters` Massmart shareholding comprising direct purchases and/or shares acquired in terms of the rules of the Massmart Holdings Limited Employee Share Trusts. After the abovementioned sale, Mr Walters still holds 194,558 Massmart shares or options. Johannesburg 22 March 2012 Sponsor: Deutsche Securities (SA) (Proprietary) Limited Date: 22/03/2012 11:04:02 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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