|
MSM
MSM
MSM - Massmart Holdings Limited - Notification of dealings in securities of
Massmart by an Executive Committee Member and director of a subsidiary of the
Company
Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1940/014066/06
Share code: MSM
ISIN: ZAE000029534
("Massmart" or "the Company")
Notification of dealings in securities of Massmart by an Executive Committee
Member and director of a subsidiary of the Company
In compliance with rule 3.63 to 3.66 of the JSE Listings Requirements, the
following dealings in the securities of Massmart have taken place by an
Executive Committee Member and director of a subsidiary of the Company:
Executive Committee Member and Robin Wright
Subsidiary Director:
Subsidiary: Masscash
No of securities: 44,114
Class of security: Ordinary
Nature of interest: Indirect, beneficial
Nature of transaction: Exercise of options / Sale of shares
Option Strike date: 26 May 2004
Date: 05 March 2010
Prior authority to transact: Obtained
i) Nature of transaction: Exercise of options
No: 44,114
Vesting Periods: 26 May 2006, 26 May 2007,
26 May 2008, 26 May 2009
Price: Weighted Average price: R29.87
ii) Nature of transaction: Sale of shares
No 44,114
Price: R101.0038
Total transaction value: R 4,455,681.63
Shareholding: The shares sold represent 7.30% of Mr Wright`s Massmart
shareholding comprising shares acquired in terms of the rules of the Massmart
Holdings Limited Employee Share Trust. After the abovementioned sale, Mr Wright
still holds 560,114 Massmart shares or options.
9 March 2010
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 09/03/2010 12:42:01 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. |
|