SPP : 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 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: Class of security: Nature of transaction: Transactions completed: Nature of interest:

Clearance given in terms of paragraph 3.66:

Transaction 1

Date of transaction:

Number of ordinary shares:

Price per ordinary share:

Value of transaction:

Transaction 2

Date of transaction:

Number of ordinary shares:

Price per ordinary share:

Value of transaction:

Transaction 3

Date of transaction:

Number of ordinary shares:

Price per ordinary share:

Value of transaction:

Pinetown

30 September 2019

Sponsor

One Capital

Share Trust

Ordinary shares

Purchase of shares

On-market

Direct beneficial

Yes

25 September 2019

13 030

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

R2 446 319.96

26 September 2019

20 000

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

R3 817 638.00

27 September 2019

11 970

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

R2 304 092.13