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

Release Date: 29/10/2014 14:15
Code(s): MSM     PDF:  
Wrap Text
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: ZAE 000152617
(“Massmart”)


Notification of Director’s dealing in Massmart Holdings Limited securities

In compliance with rule 3.63 to 3.66 of the JSE Limited Listing Requirements, the following dealings in the
securities of Massmart Holdings Limited have taken place by a Director of Massmart:

         Director:                               Grant Pattison
         Company:                                Massmart Holdings Limited
         Number of securities:                   47,000
         Class of security:                      Ordinary shares
         Nature of interest:                     Direct, beneficial
         Nature of transaction:                  Exercise of options
         Option strike date:                     01 April 2005
         Option strike price:                    R41.9075 volume weighted 5 day average price
         Vesting period:                         01 April 2009
         Date of exercise:                       24 October 2014
         Total value of transaction:             R 1,969,652.50
         Prior authority to transact:            Obtained

The above transaction was an off-market trade.

Shareholding: This transaction does not affect Mr Pattison’s direct and indirect shareholding of 802,076
Massmart shares and options acquired in terms of the rules of the Massmart Holdings Limited Employee
Share Trust.

Clearance has been obtained in terms of the JSE Limited Listing Requirements.


Johannesburg
29 October 2014

Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 29/10/2014 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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