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)
ISIN: ZAE000058517
JSE Code: SPP
("SPAR")

ACCEPTANCE OF SHARES BY DIRECTORS AND COMPANY SECRETARY

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements
("Listings Requirements"), SPAR hereby advises its shareholders of the following acceptance of
awards of shares by directors and the company secretary of SPAR in terms of The SPAR Conditional
Share Plan ("CSP"):

 Nature of transactions:                       Acceptance of awards of shares in terms of the CSP
 Date of acceptance:                           21 February 2024
 Class of securities:                          Performance shares linked to SPAR ordinary shares
                                               in terms of the CSP vesting criteria
 Vesting period:                               Three years for annual award of performance shares
 Deemed value per share:                       R107.22
 Nature and extent of interest:                Direct beneficial
 Transactions completed:                       Off-market
 Clearance given in terms of paragraph 3.66    Yes
 of the Listings Requirements:

 Name of director:                             Angelo Swartz
 Number of shares:                             52 640 performance shares
 Total deemed value:                           R5 644 060.80

 Name of director:                             Mark Godfrey
 Number of shares:                             49 450 performance shares
 Total deemed value:                           R5 302 029.00

 Name of director:                             Megan Pydigadu
 Number of shares:                             52 640 performance shares
 Total deemed value:                           R5 644 060.80

 Name of company secretary:                    Shana Ashokumar
 Number of shares:                             4 000 performance shares
 Total deemed value:                           R428 880.00


Pinetown
22 February 2024

Sponsor
One Capital

Date: 22-02-2024 02:56:00
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