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MASSMART HOLDINGS LIMITED - Notification of Directors' dealing in Massmart Holdings Limited securities

Release Date: 16/11/2012 14:15
Code(s): MSM     PDF:  
Wrap Text
Notification of Directors' 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: ZAE 0000152617
(“Massmart” or “the Company”)

Notification of Directors’    dealings   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 Executive
Committee members and Directors of subsidiary companies of
Massmart:

    Director:                      Jan Potgieter
    Subsidiary:                    Massdiscounters (Pty) Ltd
    Number of securities:          13,280
    Class of security:             Ordinary
    Nature of interest:            Direct, beneficial
    Nature of transaction:         Exercise of options / Sale
                                   of shares
    Option strike date:            23 February 2007
    Date of sale:                  14 November 2012
    Prior authority to transact:   Obtained

    i)    Nature of transaction:   Exercise of options
          No:                      13,280
          Vesting Periods:         23    February    2010,    23
                                   February 2011
          Price:                   Weighted    Average    Price:
                                   R67.79
    ii)   Nature of transaction:   Sale of shares
          No:                      13,280
          Price:                   R 180.00
          Total transaction value: R 2,390,400.00

The transaction set out above was an on-market trade.

    Director:                      Kevin Vyvyan-Day
    Subsidiary:                    Cambridge Food (Pty) Ltd
    Number of securities:          36,750
    Class of security:             Ordinary
    Nature of interest:            Direct, beneficial
    Nature of transaction:         Sale of shares
    Number of shares:              36,750
    Price per share:               R 177.6385
    Total transaction value:       R 6,528,214.88
    Date of transaction:           14 November 2012
    Prior authority to transact:   Obtained

The transaction set out above was an on-market trade.


Johannesburg
16 November 2012

Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 16/11/2012 02:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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