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THE SPAR GROUP LIMITED - Exercise of options

Release Date: 09/09/2014 16:10
Code(s): SPP     PDF:  
Wrap Text
Exercise of options

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

EXERCISE OF OPTIONS

In compliance with paragraphs 3.63-3.66 of the JSE Limited Listings Requirements (“Listings
Requirements”), we hereby advise of the following dealing by a director of SPAR:

Name of director:                                            Mr Peter Kilby Hughes
Date of transaction:                                         8 September 2014
Nature of transaction:                                       Exercise of options in terms of the
                                                             SPAR Share Incentive Scheme
Class of security:                                           Options in respect of SPAR ordinary
                                                             shares
Number of options exercised and strike price:                66 000 at R21.04000
Total value of exercise:                                     R1 388 640.00
Nature and extent of interest:                               Direct beneficial
Clearance obtained in terms of paragraph 3.66 of the
Listings Requirements:                                       Yes
Transaction completed:                                       Off market

Pinetown
9 September 2014

Sponsor
One Capital

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