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MASSMART HOLDINGS LIMITED - Dealings in securities

Release Date: 28/09/2016 17:37
Code(s): MSM     PDF:  
Wrap Text
Dealings in securities

Massmart Holdings Limited:
(Incorporated in the Republic of South Africa)
Company registration No. 1940/014066/06
JSE Code: MSM
ISIN: ZAE 0000152617
(“Massmart”)

Dealings in securities

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (“Listings
Requirements”), the following information is provided regarding the settlement of awards by
The Massmart Holdings Limited 2013 Share Plan (“the Share Plan”) to the under-mentioned
directors, as defined in terms of the Listings Requirements.

As required in paragraph 3.66 of the Listings Requirements, the necessary authority has been
obtained.

In terms of The Massmart Holdings Limited 2013 Share Plan, 19 289 Massmart shares were
released to GRC Hayward. After selling 8 680 shares to settle the associated tax obligation,
Hayward has retained ownership of 10 609 shares.

Name and designation of director              GRC Hayward, Chief Executive Officer
                                              Massmart Holdings Limited
Date of award                                 16 September 2013
Date of vesting                               16 September 2016
Nature of transaction                         Settlement of awards in terms of the Share Plan
                                              in off market transactions
Number of performance shares settled          16 973
Vesting price per share                       R126.7273
Total value of performance shares settled     R 2 150 942.46
Number of restricted shares settled           2 316
Vesting price per share                       R126.7273
Total value of restricted shares settled      R 293 500.42
                                          Settlement:
Transaction One
Date of transaction                           26 September 2016
Nature of transaction                         Sale of shares in on market transaction to cover
                                              tax obligation and transaction fees
Number of shares                              8 680 shares
Sale price per share                         R122.6524
Value of sale transaction                    R 1 064 622.83
Transaction Two
Date of transaction                          28 September 2016
Nature of transaction 2                      Transfer of shares to participant
Net shares settled                           10 609 shares
Price per share                              R126.7273
Value of net shares settled                  R 1 344 449.92
Class of securities                          Ordinary shares
Extent of interest                           Direct, beneficial


In terms of The Massmart Holdings Limited 2013 Share Plan, 6107 Massmart shares were
released to P Sigsworth. All 6107 shares were sold on behalf of P Sigsworth.

Name and designation of director              P Sigsworth, Company Secretary (until 19
                                              September 2016)
                                              Massmart Holdings Limited
Date of award                                 16 September 2013
Date of vesting                               16 September 2016
Nature of transaction                         Settlement of awards in terms of the Share Plan
                                              in off market transactions
Number of performance shares settled          5 374
Vesting price per share                       R126.7273
Total value of performance shares settled     R 681 032.51
Number of restricted shares settled           733
Vesting price per share                       R126.7273
Total value of restricted shares settled      R 92 891.11
                                          Settlement:
Transaction One
Date of transaction                           26 September 2016
Nature of transaction                         Sale of shares in on market transaction
Number of shares                              6 107
Sale price per share                          R122.6524
Value of sale transaction                     R749 038.20
Class of securities                           Ordinary shares
Extent of interest                            Direct, beneficial
In terms of The Massmart Holdings Limited 2013 Share Plan, 4008 Massmart shares were
released to J Wilford. All 4008 shares were sold on behalf of J Wilford.

Name and designation of director              J Wilford, Company Secretary (from 20
                                              September 2016)
                                              Massmart Holdings Limited
Date of award                                 16 September 2013
Date of vesting                               16 September 2016
Nature of transaction                         Settlement of awards in terms of the Share Plan
                                              in off market transactions
Number of performance shares settled          4 008
Vesting price per share                       R126.7273
Total value of performance shares settled     R507 923.01
                                          Settlement:
Transaction One
Date of transaction                           26 September 2016
Nature of transaction                         Sale of shares in on market transaction
Number of shares                              4 008
Sale price per share                          R122.6524
Value of sale transaction                     R491 590.81
Class of securities                           Ordinary shares
Extent of interest                            Direct, beneficial


In terms of The Massmart Holdings Limited 2013 Share Plan, 803 Massmart shares were
released to J Cheadle. All 803 shares were sold on behalf of J Cheadle.

Name and designation of director              J Cheadle, Company Secretary
                                              Masstores (Pty) Limited
Date of award                                 16 September 2013
Date of vesting                               16 September 2016
Nature of transaction                         Settlement of awards in terms of the Share Plan
                                              in off market transactions
Number of performance shares settled          571
Vesting price per share                       R126.7273
Total value of performance shares settled     R 72 361.28
Number of restricted shares settled           232
Vesting price per share                       R126.7273
Total value of restricted shares settled      R 29 400.73
                                          Settlement:
Transaction One
Date of transaction                           26 September 2016
Nature of transaction                         Sale of shares in on market transaction
Number of shares                              803
Sale price per share                           R122.6524
Value of sale transaction                      R98 489.87
Class of securities                            Ordinary shares
Extent of interest                             Direct, beneficial


Johannesburg
28 September 2016

Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 28/09/2016 05:37:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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