SPAR : Exercise of options and sale of shares by a director
December 08, 2020 at 10:49 am EST
Share
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
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements ("Listings Requirements"), SPAR shareholders are hereby advised of the following dealings in securities by a director of SPAR:
Name of director:
Nature of transaction:
Nature and extent of interest:
Clearance given in terms of paragraph 3.66 of the Listings Requirements:
EXERCISE
Class of securities: Date of Exercise:
Number of options exercised and strike price: Total value of transaction:
Transaction completed:
SALE
Class of security:
Transactions completed:
Sale 1
Date of transaction:
Number of ordinary shares:
Price per ordinary share:
Value of transaction:
Sale 2
Date of transaction:
Number of ordinary shares:
Price per ordinary share:
Value of transaction:
Mark Wayne Godfrey
Exercise of options in terms of the rules of the SPAR Group Limited Employee Share Trust ("Exercise") and subsequent sale of shares ("Sale")
Direct beneficial
Yes
Options in respect of SPAR ordinary shares 2 December 2020
25 000 at R99.91 (which expire on 8 December 2020) R2 497 750.00
Off-market
SPAR ordinary shares
On-market
3 December 2020
3 352
Various different trades with the following price information:
volume weighted average price of R195.09;
highest price of R195.49; and
lowest price of R195.00
R653 941.68
4 December 2020
59
R195.00
R11 505.00
Sale 3
Date of transaction:
7
December 2020
Number of ordinary shares:
2
646
Price per ordinary share:
R195.00
Value of transaction:
R515 970.00
Pinetown
8 December 2020
Sponsor
One Capital
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The SPAR Group Limited published this content on 08 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2020 15:48:08 UTC
The Spar Group Ltd specializes in retailing. The group also provides construction materials, pharmaceuticals and health care products.
At the end of September 2023, products are marketed through a network of 4,579 outlets located in South Africa (2,523; Superspar, SPAR, Kwikspar, SaveMor, Tops, Build it and Pharmacy at SPAR banners), Ireland (1,485; SPAR, Londis, Eurospar, MACE and XL), Switzerland (363; SPAR, Maxi and TopCC) and Poland (208; SPAR and MAXI);
Net sales are distributed geographically as follows: South Africa (62%), Ireland (25.5%), Switzerland (10.5%) and Poland (2%).