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MR PRICE GROUP LIMITED - Dealings in securities by directors and the company secretary

Release Date: 07/12/2016 07:05
Code(s): MRP     PDF:  
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Dealings in securities by directors and the company secretary

Mr Price Group Limited
Registration number 1933/004418/06
Incorporated in the Republic of South Africa
ISIN: ZAE000200457
JSE share code: MRP
 (“the Company”)

DEALINGS IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY

In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

Director:                                          Mark Blair
Company:                                           Mr Price Group Limited
Date of transaction:                               5 December 2016
Nature of transaction:                             Off market exercise of vested options in terms of the rules of the
                                                   share option scheme and subsequent on-market sale of shares.
Class of securities:                               Options in respect of ordinary shares
Number of options exercised:                       142 600
Option strike price:                               R76.49
Value of exercise:                                 R10 907 474.00
Number of shares sold and average price:           142 600 @ R154.8361 on 5 December 2016
Highest traded price:                              R155.00
Lowest traded price:                               R153.70
Total value of transaction:                        R22 079 627.86
Nature of interest                                 Direct beneficial
Clearance obtained:                                Yes

Director:                                          Steve Ellis
Company:                                           Mr Price Group Limited
Date of transaction:                               5 December 2016
Nature of transaction:                             Off market exercise of vested options in terms of the rules of the
                                                   share option scheme and subsequent on-market sale of shares.
Class of securities:                               Options in respect of ordinary shares
Number of options exercised:                       50 000
Option strike price:                               R76.49
Value of exercise:                                 R3 824 500.00
Number of shares sold and average price:           50 000 @ R154.8361 on 5 December 2016
Highest traded price:                              R155.00
Lowest traded price:                               R153.70
Total value of transaction:                        R7 714 805.00
Nature of interest                                 Direct beneficial
Clearance obtained:                                Yes

Company Secretary:                                 Helen Grosvenor
Company:                                           Mr Price Group Limited
Date of transaction:                               2 December 2016
Nature of transaction:                             Off-market exercise of vested options (vested options lapse if not
                                                   exercised within 90 days of vesting) in terms of the rules of the
                                                   share option schemes and subsequent on-market sale of shares
Class of securities:                               Options in respect of ordinary shares
Number of options exercised:                       4 000
Option strike price:                               R8.19
Value of exercise:                                 R32 760
Number of options exercised:                       6 658
Option strike price:                               R76.49
Value of exercise:                                 R509 270
Number of shares sold and average price*:          10 658 @ R145.8944
Total value of sale                                R1 554 942.52
Nature of interest:                                Direct beneficial
Clearance obtained:                                Yes

* Average selling price is based on transactions effected by the various share schemes of the Company over a period of 4
days and then allocated to participants. The highest and lowest prices for each day were as follows:

Date                            Highest price                   Lowest price
29 November 2016                R146.16                         R146.00
30 November 2016                R146.04                         R145.00
1 December 2016                 R148.00                         R145.00
2 December 2016                 R147.35                         R146.00


Durban
7 December 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 07/12/2016 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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