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THE SPAR GROUP LIMITED - Directors dealing in securities

Release Date: 20/12/2012 17:00
Code(s): SPP     PDF:  
Wrap Text
Director’s dealing in securities

THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
JSE Code: SPP
ISIN: ZAE000058517
("SPAR" or “the Company”)

DIRECTOR’S DEALING IN SECURITIES

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements (“Listings
Requirements”), we hereby advise of the following dealing by an executive director of SPAR:

Name of director                                         Mr Wayne Hook
Date of transaction                                      19 December 2012
Nature of transaction                                    Exercise of options (due to expire in
                                                         January 2013) in terms of the rules
                                                         of the SPAR Share Incentive Scheme
                                                         and subsequent sale of shares.
Class of security                                        Options in respect of SPAR ordinary
                                                         shares
Number of options exercised and strike price             29 000 at R13.69454 per share
Total value of transaction                               R397 141.63
Number of shares sold and selling price                  29 000 SPAR ordinary shares at
                                                         R126.77 per share
Total value of sale                                      R3 676 389.00
Nature and extent of directors’ interest                 Direct beneficials
Clearance obtained in terms of paragraph 3.66 of the
Listings Requirements                                    Yes
Exercise of options concluded off-market and sale of
shares concluded on-market




Pinetown
20 December 2012


Sponsor
One Capital

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