MSM: MASSMART HOLDINGS LIMITED - Notification Of Acceptance Of A Performance Share Award.
MSM: MASSMART HOLDINGS LIMITED - Notification of acceptance of a Performance Share Award. Notification of acceptance of a Performance Share Award. Massmart Holdings Limited (Incorporated in the Republic of South Africa) (Registration Number: 1940/014066/06) Share code: MSM ISIN: ZAE000152617 ("Massmart" or "the Company") Notification of acceptance of a Performance Share Award in terms of the Massmart Holdings Limited Employee Share Plan In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements, a Performance Share Award in Massmart securities has been offered at R80.9400 being the 10-day weighted average price immediately prior to the offer date of 12 April 2019. This award was accepted by the Company Secretary, Mr. Joe Ralebepa in terms of the rules of the Massmart Holdings Limited Employee Share Plan. Performance Share Awards are offered annually in April and vest on the date as outlined below. The award was accepted on 2 May 2019 by the aforementioned individual as detailed below: Name: Joseph Ralebepa Position held: Company Secretary Company: Massmart Holdings Limited Nature of Interest: Direct/Beneficial Award of Performance Shares: 26,176 Total value: R2,118,675 Vesting dates: 12 April 2022 The above transaction was an off-market trade. Clearance to accept this Performance Share Award has been given in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Johannesburg 6 May 2019 Sponsor: JP Morgan Equities South Africa (Pty) Ltd Date: 06/05/2019 11:59:00 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.