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MASSMART HOLDINGS LIMITED - Dealings in securities

Release Date: 11/10/2017 16:47
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 grants by The Massmart Holdings Limited 2013 Share
Plan (“the Share Plan”) to the under-mentioned Director, 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, 6,150 Massmart shares were released to GRC Hayward. Following
deduction of the associated tax obligation, Mr Hayward has retained ownership of 3,381 shares.

 Name and designation of Director               GRC Hayward, Chief Executive Officer: Massmart Holdings Limited
 Nature of transaction                    Settlement of grants in terms of the Share Plan in off market transactions
 Date of grant                                              15-Sep-14                                     16-Sep-13
 Date of vesting                                            15-Sep-17                                     16-Sep-17
 Number of restricted shares settled                              3,834                                       2,316
 Vesting price per share                                        120.03                                       118.65
 Total value of restricted shares
 settled                                                  R460,195.02                                   R274,793.40

 Date of transaction                                                                                       11-Oct-17
 Nature of transaction                                Transfer of shares to participant in an off market transaction
 Net shares settled                                              2,108                                         1,273
 Price per share                                                120.03                                        118.65
 Value of net shares settled                              R253,023.24                                  R151,041.45
 Class of securities                                   Ordinary shares                              Ordinary shares
 Extent of interest                                   Direct, beneficial                           Direct, beneficial

Johannesburg
11 October 2017

Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 11/10/2017 04:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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