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Spar Group Limited (JSE:SPP) News - Acceptance of shares by directors and company secretary
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, 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: 11 August 2022
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 award: R142.83
Nature and extent of interest: Direct beneficial
On-market or off-market: Off-market
Clearance obtained: Yes
Name of director: Brett Botten
Number of shares: 35 000 performance shares
Total deemed value: R4 999 050.00
Name of director: Mark Godfrey
Number of shares: 23 100 performance shares
Total deemed value: R3 299 373.00
Name of company secretary: Kevin O’Brien
Number of shares: 10 500 performance shares
Total deemed value: R1 499 715.00
Pinetown
12 August 2022
Sponsor
One Capital
Date: 12-08-2022 02:30:00
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