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THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
ISIN: ZAE000058517
JSE Code: SPP
(“SPAR”)
ACCEPTANCE OF SHARES BY DIRECTORS AND COMPANY SECRETARY
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements
(“Listings Requirements”), SPAR hereby advises its shareholders of the following acceptance of
awards of shares by directors and the company secretary of SPAR in terms of The SPAR Conditional
Share Plan (“CSP”):
Nature of transactions: Acceptance of awards of shares in terms of the CSP
Date of acceptance: 21 February 2024
Class of securities: Performance shares linked to SPAR ordinary shares
in terms of the CSP vesting criteria
Vesting period: Three years for annual award of performance shares
Deemed value per share: R107.22
Nature and extent of interest: Direct beneficial
Transactions completed: Off-market
Clearance given in terms of paragraph 3.66 Yes
of the Listings Requirements:
Name of director: Angelo Swartz
Number of shares: 52 640 performance shares
Total deemed value: R5 644 060.80
Name of director: Mark Godfrey
Number of shares: 49 450 performance shares
Total deemed value: R5 302 029.00
Name of director: Megan Pydigadu
Number of shares: 52 640 performance shares
Total deemed value: R5 644 060.80
Name of company secretary: Shana Ashokumar
Number of shares: 4 000 performance shares
Total deemed value: R428 880.00
Pinetown
22 February 2024
Sponsor
One Capital
