THE SPAR GROUP LIMITED - Acceptance of shares by directors and company secretary

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 paragraph 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 he is a director:             SPAR
Nature of transaction:                         Allocation of shares in terms of The SPAR
                                               Conditional Share Plan (“CSP”)
Date of acceptance:                            7 February 2017
Class of securities:                           Performance shares, linked to ordinary shares in
                                               terms of the CSP vesting criteria
Number of shares:                              14 600
Deemed value per award:                        R183.55
Total deemed value:                            R2 679 830
Nature of interest:                            Direct beneficial
On-market or off-market:                       Off-market
Clearance obtained:                            Yes


Name of director:                              Wayne Hook
Company to which he is a director:             SPAR
Nature of transaction:                         Allocation of shares in terms of the CSP
Date of acceptance:                            7 February 2017
Class of securities:                           Performance shares, linked to ordinary shares in
                                                 terms of the CSP vesting criteria
Number of shares:                              7 500
Deemed value per award:                        R183.55
Total deemed value:                            R1 376 625
Nature of interest:                            Direct beneficial
On-market or off-market:                       Off-market
Clearance obtained:                            Yes


Name of director:                              Roelf Venter
Company to which he is a director:             SPAR
Nature of transaction:                         Allocation of shares in terms of the CSP
Date of acceptance:                            7 February 2017
Class of securities:                           Performance shares, linked to ordinary shares in
                                                 terms of the CSP vesting criteria
Number of shares:                              7 500
Deemed value per award:                        R183.55
Total deemed value:                            R1 376 625
Nature of interest:                            Direct beneficial
On-market or off-market:                       Off-market
Clearance obtained:                            Yes

Name of director:                              Mark Godfrey
Company to which he is a director:             SPAR
Nature of transaction:                         Allocation of shares in terms of the CSP
Date of acceptance:                            7 February 2017
Class of securities:                           Performance shares, linked to ordinary shares in
                                               terms of the CSP vesting criteria
Number of shares:                              9 000
Deemed value per award:                        R183.55
Total deemed value:                            R1 651 950
Nature of interest:                            Direct beneficial
On-market or off-market:                       Off-market
Clearance obtained:                            Yes


Name of company secretary:                     Mandy Hogan
Company to which she is a company              SPAR
secretary:
Nature of transaction:                         Allocation of shares in terms of the CSP
Date of acceptance:                            7 February 2017
Class of securities:                           Performance shares, linked to ordinary shares in
                                               terms of the CSP vesting criteria
Number of shares:                              1 400
Deemed value per award:                        R183.55
Total deemed value:                            R256 970
Nature of interest:                            Direct beneficial
On-market or off-market:                       Off-market
Clearance obtained:                            Yes


Pinetown
9 February 2017

Sponsor
One Capital

Date: 09/02/2017 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.