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SPP
SPP
SPP - The Spar Group Limited - Exercise of options and sale of shares
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 AND SALE OF SHARES
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
we hereby advise of the following directors dealing:
Name of director Rodney Walter Coe
Date of transaction 10 March 2010
Nature of transaction Exercise of options and subsequent sale
of shares. In terms of the rules of
the SPAR Share Incentive Scheme.
Class of securities Options in respect of ordinary shares
Number of options exercised and strike 51 000 at 21.04 cents per share
price
Total value of transactions R 1 073 040
Vesting date On exercise of the options
Number of shares sold and selling 51 000 at R 74.5070 per share
price
Total value of sale R 3 799 857
Nature and extent of directors` Direct beneficial
interest
Clearance obtained in terms of
paragraph 3.66 of the Listings Yes
Requirements of the JSE Limited
Pinetown
11 March 2010
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 11/03/2010 16:33:02 Produced by the JSE SENS Department.
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