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THE SPAR GROUP LIMITED - Acceptance of shares by directors and Company Secretary

Release Date: 17/02/2015 16:35
Code(s): SPP     PDF:  
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Acceptance of shares by directors and Company Secretary

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


ACCEPTANCE OF SHARES BY DIRECTORS AND COMPANY SECRETARY

In compliance with section 3.63 of the JSE Limited Listings Requirements, SPAR hereby advises its
shareholders of the following acceptance of shares by directors and the company secretary of SPAR:


Name of director:                                Graham O’ Connor
Company to which they are a director:            SPAR
Nature of transaction:                           Allocation of shares in terms of The SPAR
                                                 Conditional Share Plan (“CSP”)
Date of acceptance:                              17 February 2015
Class of securities:                             Performance shares, linked to ordinary shares in
                                                 terms of the CSP vesting criteria
Number of shares:                                36 665
Deemed value per award:                          R 179.08
Total deemed value:                              R 6 565 968
Nature of interest:                              Direct beneficial
On-market or off-market:                         Off-market
Clearance obtained:                              Yes


Name of director:                                Wayne Hook
Company to which they are a director:            SPAR
Nature of transaction:                           Allocation of shares in terms of the CSP
Date of acceptance:                              17 February 2015
Class of securities:                             Performance shares, linked to ordinary shares in
                                                 terms of the CSP vesting criteria
Number of shares:                                14 000
Deemed value per award:                          R 179.08
Total deemed value:                              R 2 507 120
Nature of interest:                              Direct beneficial
On-market or off-market:                         Off-market
Clearance obtained:                              Yes


Name of director:                                Roelf Venter
Company to which they are a director:            SPAR
Nature of transaction:                           Allocation of shares in terms of the CSP
Date of acceptance:                              17 February 2015
Class of securities:                             Performance shares, linked to ordinary shares in
                                                 terms of the CSP vesting criteria
Number of shares:                                22 000
Deemed value per award:                          R 179.08
Total deemed value:                              R 3 939 760
Nature of interest:                              Direct beneficial
On-market or off-market:                         Off-market
Clearance obtained:                              Yes

Name of director:                                Mark Godfrey
Company to which they are a director:            SPAR
Nature of transaction:                           Allocation of shares in terms of the CSP
Date of acceptance:                              17 February 2015
Class of securities:                             Performance shares, linked to ordinary shares in
                                                 terms of the CSP vesting criteria
Number of shares:                                22 000
Deemed value per award:                          R 179.08
Total deemed value:                              R 3 939 760
Nature of interest:                              Direct beneficial
On-market or off-market:                         Off-market
Clearance obtained:                              Yes

Name of company secretary:                       Kevin O’Brien
Company to which he is a company                 SPAR
secretary:
Nature of transaction:                           Allocation of shares in terms of the CSP
Date of acceptance:                              17 February 2015
Class of securities:                             Performance shares, linked to ordinary shares in
                                                 terms of the CSP vesting criteria
Number of shares:                                12 933
Deemed value per award:                          R 179.08
Total deemed value:                              R 2 316 042
Nature of interest:                              Direct beneficial
On-market or off-market:                         Off-market
Clearance obtained:                              Yes



Pinetown
17 February 2015

Sponsor
One Capital

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