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THE SPAR GROUP LIMITED - Dealings in securities by a director and the SPAR Group Limited Employee Share Trust

Release Date: 29/09/2017 17:35
Code(s): SPP     PDF:  
Wrap Text
Dealings in securities by a director and the SPAR Group Limited Employee Share Trust

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


DEALINGS IN SECURITIES BY A DIRECTOR AND THE SPAR GROUP LIMITED EMPLOYEE
SHARE TRUST (“SHARE TRUST”)


In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements, SPAR
shareholders are hereby advised of the following dealings in securities by a director of the Company
and the Share Trust:

Date of transactions:                         27 September 2017
Class of security:                            SPAR ordinary shares
Nature of interest:                           Direct beneficial
Transactions completed:                       On-market
Clearance given in terms of paragraph 3.66: Yes


Transaction 1
Name of director:                             Mr Wayne Allan Hook
Nature of transaction:                        Sale of shares in respect of the options exercised on
                                              11 September 2017, which expire on 4 December 2017,
                                              in terms of the rules of the Share Trust
Number of SPAR ordinary shares:               38 700
Price per ordinary share:                     R166.1045
Value of transaction:                         R6 428 244.15


Transaction 2
Name of entity:                               Share Trust
Nature of transaction:                        Purchase of shares
Number of SPAR ordinary shares:               50 000*
Price per ordinary share:                     Various different trades with the following price
                                              information:
                                              - volume weighted average price of R166.2444;
                                              - highest price of R166.25; and
                                              - lowest price of R166.23
Value of transaction:                         R8 312 222.00

*21 300 SPAR ordinary shares valued at R3 541 005.72 were purchased on behalf of Mr Wayne Allan
Hook.


Pinetown
29 September 2017

Sponsor
One Capital

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