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2018/04/13, 14:32:00
Johannesburg Stock Exchange - SENS NEWS DELAYED
Dealings in securities

Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
Company registration No. 1940/014066/06
JSE Code: MSM
ISIN: ZAE 0000152617
(“Massmart”)


Dealings in securities

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (“Listings Requirements”),
the following information is provided regarding the settlement of awards and grants by The Massmart Holdings
Limited 2013 Share Plan (“the Share Plan”) to the under-mentioned Director, as defined in terms of the Listings
Requirements. As required in paragraph 3.66 of the Listings Requirements, the necessary authority has been
obtained. In terms of The Massmart Holdings Limited 2013 Share Plan, 73,912 Massmart shares were released
to Mr. JJM van Lierop. Following deduction of the associated tax obligation, Mr. van Lierop had 45,604 shares
on hand which he elected to sell.

                                                  JJM van Lierop, Chief Financial Officer: Massmart Holdings
  Name and designation of Director
                                                                                                      Limited

                                                  Settlement of awards and grants in terms of the Share Plan
  Nature of transaction
                                                       
  Date of award and grant                         16 March 2015

  Date of vesting                                 16 March 2018

  Number of performance and restricted
  shares settled                                  73,912

  Vesting price per share
                                                  170.26

  Total value of performance and restricted
                                                  R 12,584,493.75
  shares settled



  Date of transactions                             27 March 2018 – 04 April 2018

  Nature of transactions                           On-market sale of shares

  Net shares settled
                                                   45,604

  Average price per share
                                                   161.31

  Value of transactions                            R 7,356,185.14


Johannesburg
13 April 2018

Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 13/04/2018 02:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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