SPAR : Exercise of options and sale of shares by a director

SPP 201702150030A
Exercise of options and sale of shares by a director

THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
JSE Code: SPP
ISIN: ZAE000058517
('SPAR' or the 'Company')

EXERCISE OF OPTIONS AND SALE OF SHARES BY A DIRECTOR

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements, SPAR
shareholders are hereby advised of the following dealing in securities by a director of the Company:

Name of director: Mr Wayne Allan Hook
Nature of transaction: Exercise of options in terms of the rules of the SPAR
Group Limited Share Employee Trust 2004
('Exercise') and subsequent sale of shares ('Sale')
Date of Exercise and Sale: 14 February 2017
Class of security: Options in respect of SPAR ordinary shares
Number of options exercised and strike price: 40 000 at R46.22
Total value of Exercise: R1 848 800.00
Number of SPAR ordinary shares sold: 40 000
Price per ordinary share: R178.15
Total value of Sale: R7 126 000.00
Transactions completed: Exercise: off-market
Sale: on-market
Nature of interest: Direct beneficial
Clearance given in terms of paragraph 3.66: Yes

Pinetown
15 February 2017

Sponsor
One Capital

Date: 15/02/2017 02:58:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.