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

Release Date: 02/10/2018 08:00
Code(s): SPP     PDF:  
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Exercise of options and sale of shares by a director and dealings in securities by the 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 AND 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 and sale of shares by a director


Name of director:                                  Mr Mark Godfrey
Nature of transaction:                             Exercise of options in terms of the rules of the
                                                   Share Trust (“Exercise”) and subsequent sale of
                                                   shares (“Sale”)
Date of Exercise and Sale:                         28 September 2018
Class of security:                                 Options in respect of SPAR ordinary shares
Number of options exercised and strike price:      12 000 at R50.23 (which expire on 11 November
                                                   2018)
Total value of Exercise:                           R602 760.00
Number of SPAR ordinary shares sold:               12 000
Price per ordinary share:                          Various different trades with the following price
                                                   information:
                                                   - volume weighted average price of R182.6027;
                                                   - highest price of R182.78; and
                                                   - lowest price of R182.66
Total value of Sale:                               R2 191 232.40
Transactions completed:                            Exercise: off-market
                                                   Sale: on-market
Nature of interest:                                Direct beneficial
Clearance given in terms of paragraph 3.66:        Yes


Dealings by the Share Trust


Name of entity:                                    Share Trust
Class of security:                                 Ordinary shares
Nature of transaction:                             Purchase of shares
Date of transaction:                               28 September 2018
Number of ordinary shares:                         15 000
Price per ordinary share:                          Various different trades with the following price
                                                   information:
                                                   - volume weighted average price of R184.4610;
                                                   - highest price of R186.00; and
                                                   - lowest price of R183.76
Value of transaction:                              R2 766 915.00
Transactions completed:                            On-market
Nature of interest:                                Direct beneficial
Clearance given in terms of paragraph 3.66:        Yes


Pinetown
2 October 2018

Sponsor
One Capital

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