THE SPAR GROUP LIMITED - Exercise of options and sale of shares by a director and dealings in securities by the SPAR Share Trust

Exercise of options and sale of shares by a director and dealings in securities by the SPAR Share Trust

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

EXERCISE OF OPTIONS BY DIRECTORS, SALE OF SHARES BY A DIRECTOR AND DEALINGS
IN SECURITIES BY THE SPAR GROUP LIMITED EMPLOYEE SHARE TRUST (“SHARE TRUST”)

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, SPAR
shareholders are hereby advised of the following dealings in securities:

Exercise of options by directors and sale of shares by a director

Class of security:                              Options in respect of SPAR ordinary shares
Nature of interest:                             Direct beneficial
Clearance given in terms of paragraph 3.66:     Yes


Transaction 1
Name of director:                               Wayne Allan Hook
Nature of transaction:                          Exercise of options in terms of the rules of the SPAR
                                                Group Limited Share Employee Trust 2004
                                                (“Exercise”)
Date of Exercise:                               23 September 2019
Number of options exercised and strike price:   50 000 at R66.42 (which expire on 10 November
                                                2019)
Total value of Exercise:                        R3 321 000.00
Transaction completed:                          Off-market


Transaction 2
Name of director:                               Mark Wayne Godfrey
Nature of transaction:                          Exercise and subsequent sale of SPAR ordinary
                                                shares (“Sale”)
Date of Exercise and Sale:                      27 September 2019
Number of options exercised and strike price:   12 000 at R66.42 (which expire on 10 November
                                                2019)
Total value of Exercise:                        R797 040.00
Number of ordinary shares sold:                 12 000
Price per ordinary share:                       Various different trades with the following price
                                                information:
                                                - volume weighted average price of R192.1929;
                                                - highest price of R192.79; and
                                                - lowest price of R191.90
Total value of Sale                             R2 306 314.80
Transaction completed:                          Exercise: Off-market
                                                Sale: On-market

Dealings by the Share Trust

Name of entity:                                 Share Trust
Class of security:                              Ordinary shares
Nature of transaction:                          Purchase of shares
Transactions completed:                         On-market
Nature of interest:                             Direct beneficial
Clearance given in terms of paragraph 3.66:     Yes

Transaction 1
Date of transaction:                            25 September 2019
Number of ordinary shares:                      13 030
Price per ordinary share:                       Various different trades with the following price
                                                information:
                                                - volume weighted average price of R187.7452;
                                                - highest price of R190.43; and
                                                - lowest price of R185.95
Value of transaction:                           R2 446 319.96


Transaction 2
Date of transaction:                            26 September 2019
Number of ordinary shares:                      20 000
Price per ordinary share:                       Various different trades with the following price
                                                information:
                                                - volume weighted average price of R190.8819;
                                                - highest price of R192.67; and
                                                - lowest price of R186.85
Value of transaction:                           R3 817 638.00


Transaction 3
Date of transaction:                            27 September 2019
Number of ordinary shares:                      11 970
Price per ordinary share:                       Various different trades with the following price
                                                information:
                                                - volume weighted average price of R192.4889;
                                                - highest price of R193.55; and
                                                - lowest price of R190.34
Value of transaction:                           R2 304 092.13


Pinetown
30 September 2019

Sponsor
One Capital

Date: 30/09/2019 01:15:00
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