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PSG KONSULT LIMITED - Dealings In PSG Konsult Securities

Release Date: 22/10/2018 17:45
Code(s): KST     PDF:  
Wrap Text
Dealings In PSG Konsult Securities

PSG KONSULT LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 1993/003941/06
JSE Share Code: KST
NSX Share Code: KFS
ISIN Code: ZAE000191417
(“PSG Konsult” or “the Company”)



DEALINGS IN PSG KONSULT SECURITIES


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information is disclosed:

EXERCISE OF OPTIONS

The following share options were exercised in terms of the PSG Konsult Group Share Incentive
Trust:

1.

     NAME OF DIRECTOR                        FJ Gouws
     COMPANY OF WHICH I AM A                 PSG Konsult Limited
     DIRECTOR
     STATUS: EXECUTIVE/NON-                  Executive
     EXECUTIVE
     TYPE OF SECURITIES                      Shares
     CLASS OF SECURITIES                     Ordinary
     DATE OF TRANSACTION                     22 October 2018
     OPTION STRIKE PRICE                     R2.83                                   (1)
                                             R5.06                                   (2)
                                             R7.27                                   (3)
                                             R6.81                                   (4)

     NUMBER OF OPTIONS EXERCISED             3 125 000                               (1)
                                             1 587 500                               (2)
                                               223 797                               (3)
                                             2 583 895                               (4)

     TOTAL RAND VALUE OF OPTIONS             R 8 843 750.00                          (1)
                                             R 8 032 750.00                          (2)
                                             R 1 627 004.19                          (3)
                                             R17 596 324.95                          (4)

     STRIKE DATE OF OPTIONS                  1 March 2013                            (1)
                                             1 March 2014                            (2)
                                             1 April 2015                            (3)
                                             1 April 2016                            (4)

     PERIOD OF EXERCISE            19 April 2018 to 28 February 2019       (1)-(4)

     NATURE OF TRANSACTION         Acquisition of shares in PSG Konsult
                                   through the exercise of options (Off-
                                   market transaction)

     NATURE AND EXTENT OF          Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED            Yes


2.
     NAME OF DIRECTOR              MIF Smith
     COMPANY OF WHICH I AM A       PSG Konsult Limited
     DIRECTOR
     STATUS: EXECUTIVE/NON-        Executive
     EXECUTIVE
     TYPE OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           22 October 2018
     OPTION STRIKE PRICE           R2.83                                   (1)
                                   R5.06                                   (2)
                                   R7.27                                   (3)
                                   R6.81                                   (4)

     NUMBER OF OPTIONS EXERCISED   250 000                                 (1)
                                   450 000                                 (2)
                                   177 390                                 (3)
                                   599 538                                 (4)

     TOTAL RAND VALUE OF OPTIONS   R 707 500.00                            (1)
                                   R2 277 000.00                           (2)
                                   R1 289 625.30                           (3)
                                   R4 082 583.78                           (4)

     STRIKE DATE OF OPTIONS        1 March 2013                            (1)
                                   1 March 2014                            (2)
                                   1 April 2015                            (3)
                                   1 April 2016                            (4)

     PERIOD OF EXERCISE            19 April 2018 to 28 February 2019       (1)-(4)

     NATURE OF TRANSACTION         Acquisition of shares in PSG Konsult
                                   through the exercise of options (Off-
                                   market transaction)

     NATURE AND EXTENT OF          Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED            Yes
3.
     NAME OF DIRECTOR              W Theron
     COMPANY OF WHICH I AM A       PSG Konsult Limited
     DIRECTOR
     STATUS: EXECUTIVE/NON-        Non-Executive
     EXECUTIVE
     TYPE OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           22 October 2018
     OPTION STRIKE PRICE           R2.83

     NUMBER OF OPTIONS EXERCISED   750 000

     TOTAL RAND VALUE OF OPTIONS   R2 122 500.00

     STRIKE DATE OF OPTIONS        1 March 2013

     PERIOD OF EXERCISE            19 April 2018 to 28 February 2019

     NATURE OF TRANSACTION         Acquisition of shares in PSG Konsult
                                   through the exercise of options (Off-
                                   market transaction)

     NATURE AND EXTENT OF          Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED            Yes

4.
     NAME OF DIRECTOR              DPB Hugo
     COMPANY OF WHICH I AM A       PSG Wealth Financial Planning
     DIRECTOR                      Proprietary Limited (a major subsidiary of
                                   PSG Konsult)

     STATUS: EXECUTIVE/NON-        Executive
     EXECUTIVE
     TYPE OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           22 October 2018
     OPTION STRIKE PRICE           R2.83                                        (1)
                                   R5.06                                        (2)
                                   R7.27                                        (3)
                                   R6.81                                        (4)

     NUMBER OF OPTIONS EXERCISED   1 250 000                                    (1)
                                     562 500                                    (2)
                                      92 607                                    (3)
                                     562 500                                    (4)
     TOTAL RAND VALUE OF OPTIONS   R3 537 500.00                                (1)
                                   R2 846 250.00                                (2)
                                   R 673 252.89                                 (3)
                                   R3 830 625.00                                (4)

     STRIKE DATE OF OPTIONS        1 March 2013                                 (1)
                                   1 March 2014                                 (2)
                                   1 April 2015                                 (3)
                                   1 April 2016                                 (4)

     PERIOD OF EXERCISE            19 April 2018 to 28 February 2019            (1)-(4)
     NATURE OF TRANSACTION         Acquisition of shares in PSG Konsult
                                   through the exercise of options (Off-
                                   market transaction)

     NATURE AND EXTENT OF          Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED            Yes

5.
     NAME OF DIRECTOR              AM Ahern
     COMPANY OF WHICH I AM A       PSG Asset Management Holdings
     DIRECTOR                      Proprietary Limited (a major subsidiary of
                                   PSG Konsult)
     STATUS: EXECUTIVE/NON-        Executive
     EXECUTIVE
     TYPE OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           22 October 2018
     OPTION STRIKE PRICE           R2.83                                         (1)
                                   R5.06                                         (2)
                                   R7.27                                         (3)
                                   R6.81                                         (4)

     NUMBER OF OPTIONS EXERCISED   750 000                                       (1)
                                   500 000                                       (2)
                                    89 202                                       (3)
                                   383 783                                       (4)

     TOTAL RAND VALUE OF OPTIONS   R2 122 500.00                                 (1)
                                   R2 530 000.00                                 (2)
                                   R 648 498.54                                  (3)
                                   R2 621 237.89                                 (4)

     STRIKE DATE OF OPTIONS        1 March 2013                                  (1)
                                   1 March 2014                                  (2)
                                   1 April 2015                                  (3)
                                   1 April 2016                                  (4)
     PERIOD OF EXERCISE            19 April 2018 to 28 February 2019             (1)-(4)

     NATURE OF TRANSACTION         Acquisition of shares in PSG Konsult
                                   through the exercise of options (Off-market
                                   transaction)

     NATURE AND EXTENT OF          Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED            Yes


6.

     NAME OF DIRECTOR              HP Visser
     COMPANY OF WHICH I AM A       PSG Insure Holdings Proprietary Limited
     DIRECTOR                      (a major subsidiary of PSG Konsult)

     STATUS: EXECUTIVE/NON-        Executive
     EXECUTIVE
     TYPE OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           22 October 2018
     OPTION STRIKE PRICE           R2.83                                         (1)
                                   R5.06                                         (2)
                                   R7.27                                         (3)
                                   R6.81                                         (4)

     NUMBER OF OPTIONS EXERCISED   750 000                                       (1)
                                   500 000                                       (2)
                                    86 107                                       (3)
                                   368 750                                       (4)

     TOTAL RAND VALUE OF OPTIONS   R2 122 500.00                                 (1)
                                   R2 530 000.00                                 (2)
                                   R 625 997.89                                  (3)
                                   R2 511 187.50                                 (4)

     STRIKE DATE OF OPTIONS        1 March 2013                                  (1)
                                   1 March 2014                                  (2)
                                   1 April 2015                                  (3)
                                   1 April 2016                                  (4)


     PERIOD OF EXERCISE            19 April 2018 to 28 February 2019             (1)-(4)

     NATURE OF TRANSACTION         Acquisition of shares in PSG Konsult
                                   through the exercise of options (Off-
                                   market transaction)
     NATURE AND EXTENT OF          Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED            Yes


7.

     NAME OF DIRECTOR              NM Gudka
     COMPANY OF WHICH I AM A       PSG Wealth Financial Planning
     DIRECTOR                      Proprietary Limited (a major subsidiary of
                                   PSG Konsult)
     STATUS: EXECUTIVE/NON-        Executive
     EXECUTIVE
     TYPE OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           22 October 2018
     OPTION STRIKE PRICE           R2.83                                        (1)
                                   R5.06                                        (2)
                                   R7.27                                        (3)
                                   R6.81                                        (4)

     NUMBER OF OPTIONS EXERCISED   625 000                                      (1)
                                   450 000                                      (2)
                                   146 424                                      (3)
                                   628 579                                      (4)

     TOTAL RAND VALUE OF OPTIONS   R1 768 750.00                                (1)
                                   R2 277 000.00                                (2)
                                   R1 064 502.48                                (3)
                                   R4 280 622.99                                (4)

     STRIKE DATE OF OPTIONS        1 March 2013                                 (1)
                                   1 March 2014                                 (2)
                                   1 April 2015                                 (3)
                                   1 April 2016                                 (4)

     PERIOD OF EXERCISE            19 April 2018 to 28 February 2019            (1)-(4)

     NATURE OF TRANSACTION         Acquisition of shares in PSG Konsult
                                   through the exercise of options (Off-
                                   market transaction)

     NATURE AND EXTENT OF          Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED            Yes


8.

     NAME OF DIRECTOR              M Lansdell
     COMPANY OF WHICH I AM A              PSG Wealth Holdings Proprietary Limited
     DIRECTOR                             (a major subsidiary of PSG Konsult)

     STATUS: EXECUTIVE/NON-               Executive
     EXECUTIVE
     TYPE OF SECURITIES                   Shares
     CLASS OF SECURITIES                  Ordinary
     DATE OF TRANSACTION                  22 October 2018
     OPTION STRIKE PRICE                  R5.06                                      (1)
                                          R7.27                                      (2)
                                          R6.81                                      (3)

     NUMBER OF OPTIONS EXERCISED           25 000                                    (1)
                                           75 000                                    (2)
                                          138 932                                    (3)

     TOTAL RAND VALUE OF OPTIONS          R126 500.00                                (1)
                                          R545 250.00                                (2)
                                          R946 126.92                                (3)

     STRIKE DATE OF OPTIONS               1 March 2014                               (1)
                                          1 April 2015                               (2)
                                          1 April 2016                               (3)

     PERIOD OF EXERCISE                   19 April 2018 to 28 February 2019          (1)-(3)

     NATURE OF TRANSACTION                Acquisition of shares in PSG Konsult
                                          through the exercise of options (Off-
                                          market transaction)

     NATURE AND EXTENT OF                 Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED                   Yes


Clearance for the above was obtained in accordance with paragraph 3.66 of the JSE Limited
Listings Requirements.


DEALINGS IN SECURITIES BY DIRECTORS

The disposals of PSG Konsult shares listed below occurred by way of a placement and were
made, inter alia, to settle share incentive scheme obligations of the directors in question.

1.
     NAME OF DIRECTOR                         W Theron
     COMPANY OF WHICH I AM A                  PSG Konsult Limited
     DIRECTOR
     STATUS: EXECUTIVE/NON-EXECUTIVE   Non-executive
     TYPE OF SECURITIES                Shares
     CLASS OF SECURITIES               Ordinary
     DATE OF TRANSACTION               22 October 2018
     CENTS PER SHARE                   981
     NUMBER OF SECURITIES              750 000
     TRANSACTED
     TOTAL RAND VALUE OF SECURITIES    R7 357 500.00

     NATURE OF TRANSACTION             Disposal (Off-market transaction)
     NATURE AND EXTENT OF INTEREST     Direct, Beneficial
     IN THE TRANSACTION
     CLEARANCE OBTAINED                Yes

2.
     NAME OF DIRECTOR                  FJ Gouws
     COMPANY OF WHICH I AM A           PSG Konsult Limited
     DIRECTOR
     STATUS: EXECUTIVE/NON-EXECUTIVE   Executive
     TYPE OF SECURITIES                Shares
     CLASS OF SECURITIES               Ordinary
     DATE OF TRANSACTION               22 October 2018
     CENTS PER SHARE                   981
     NUMBER OF SECURITIES              5 020 192
     TRANSACTED
     TOTAL RAND VALUE OF SECURITIES    R49 248 083.52

     NATURE OF TRANSACTION             Disposal (Off-market transaction)
     NATURE AND EXTENT OF INTEREST     Direct, Beneficial
     IN THE TRANSACTION
     CLEARANCE OBTAINED                Yes

3.
     NAME OF DIRECTOR                  MIF Smith
     COMPANY OF WHICH I AM A           PSG Konsult Limited
     DIRECTOR
     STATUS: EXECUTIVE/NON-EXECUTIVE   Executive
     TYPE OF SECURITIES                Shares
     CLASS OF SECURITIES               Ordinary
     DATE OF TRANSACTION               22 October 2018
     CENTS PER SHARE                   981
     NUMBER OF SECURITIES              1 411 113
     TRANSACTED
     TOTAL RAND VALUE OF SECURITIES    R13 843 018.53
     NATURE OF TRANSACTION                    Disposal (Off-market transaction)
     NATURE AND EXTENT OF INTEREST            Direct, Beneficial
     IN THE TRANSACTION
     CLEARANCE OBTAINED                       Yes

Clearance to deal in these shares was obtained in accordance with paragraph 3.66 of the JSE
Limited Listings Requirements.

DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY

The disposals of PSG Konsult shares listed below occurred by way of a placement and were
made, inter alia, to settle share incentive scheme obligations of the directors in question.

1.
     NAME OF DIRECTOR                                DPB Hugo
     COMPANY OF WHICH I AM A DIRECTOR                PSG Wealth Financial Planning Proprietary
                                                     Limited (a major subsidiary of PSG Konsult)
     STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive
     TYPE OF SECURITIES                              Shares
     CLASS OF SECURITIES                             Ordinary
     DATE OF TRANSACTION                             22 October 2018
     CENTS PER SHARE                                 981
     NUMBER OF SECURITIES TRANSACTED                 1 727 010

     TOTAL RAND VALUE OF SECURITIES                  R16 941 968.10

     NATURE OF TRANSACTION                           Disposal (Off-market transaction)
     NATURE AND EXTENT OF INTEREST IN THE            Direct, Beneficial
     TRANSACTION
     CLEARANCE OBTAINED                              Yes

2.
     NAME OF DIRECTOR                                AM Ahern
     COMPANY OF WHICH I AM A DIRECTOR                PSG Asset Management Holdings Proprietary
                                                     Limited (a major subsidiary of PSG Konsult)
     STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive
     TYPE OF SECURITIES                              Shares
     CLASS OF SECURITIES                             Ordinary
     DATE OF TRANSACTION                             22 October 2018
     CENTS PER SHARE                                 981

     NUMBER OF SECURITIES TRANSACTED                 1 370 000

     TOTAL RAND VALUE OF SECURITIES         R13 439 700.00

     NATURE OF TRANSACTION                  Disposal (Off-market transaction)

     NATURE AND EXTENT OF INTEREST IN THE   Direct, Beneficial
     TRANSACTION
     CLEARANCE OBTAINED                     Yes

3.
     NAME OF DIRECTOR                       NM Gudka
     COMPANY OF WHICH I AM A DIRECTOR       PSG Wealth Financial Planning Proprietary
                                            Limited (a major subsidiary of PSG Konsult)
     STATUS: EXECUTIVE/NON-EXECUTIVE        Executive
     TYPE OF SECURITIES                     Shares
     CLASS OF SECURITIES                    Ordinary
     DATE OF TRANSACTION                    22 October 2018
     CENTS PER SHARE                        981
     NUMBER OF SECURITIES TRANSACTED        1 300 003

     TOTAL RAND VALUE OF SECURITIES         R12 753 029.43

     NATURE OF TRANSACTION                  Disposal (Off-market transaction)
     NATURE AND EXTENT OF INTEREST IN THE   Direct, Beneficial
     TRANSACTION
     CLEARANCE OBTAINED                     Yes

4.

     NAME OF DIRECTOR                       HP Visser
     COMPANY OF WHICH I AM A DIRECTOR       PSG Insure Holdings Proprietary Limited (a
                                            major subsidiary of PSG Konsult)
     STATUS: EXECUTIVE/NON-EXECUTIVE        Executive
     TYPE OF SECURITIES                     Shares
     CLASS OF SECURITIES                    Ordinary
     DATE OF TRANSACTION                    22 October 2018
     CENTS PER SHARE                        981
     NUMBER OF SECURITIES TRANSACTED        1 704 857

     TOTAL RAND VALUE OF SECURITIES         R16 724 647.17

     NATURE OF TRANSACTION                  Disposal (Off-market transaction)
     NATURE AND EXTENT OF INTEREST IN THE   Direct, Beneficial
     TRANSACTION
     CLEARANCE OBTAINED                     Yes
5.

     NAME OF DIRECTOR                                M Lansdell
     COMPANY OF WHICH I AM A DIRECTOR                PSG Wealth Holdings Proprietary Limited (a
                                                     major subsidiary of PSG Konsult)
     STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive
     TYPE OF SECURITIES                              Shares
     CLASS OF SECURITIES                             Ordinary
     DATE OF TRANSACTION                             22 October 2018
     CENTS PER SHARE                                 981
     NUMBER OF SECURITIES TRANSACTED                 198 824

     TOTAL RAND VALUE OF SECURITIES                  R1 950 463.44

     NATURE OF TRANSACTION                           Disposal (Off-market transaction)
     NATURE AND EXTENT OF INTEREST IN THE            Direct, Beneficial
     TRANSACTION
     CLEARANCE OBTAINED                              Yes

Clearance to deal in these shares was obtained in accordance with paragraph 3.66 of the JSE
Limited Listings Requirements.

DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

     NAME OF DIRECTOR                                W Theron
     COMPANY OF WHICH I AM A DIRECTOR                PSG Konsult Limited
     STATUS: EXECUTIVE/NON-EXECUTIVE                 Non-Executive
     TYPE OF SECURITIES                              Shares
     CLASS OF SECURITIES                             Ordinary
     DATE OF TRANSACTION                             22 October 2018
     CENTS PER SHARE                                 981
     NUMBER OF SECURITIES TRANSACTED                 500 000

     TOTAL RAND VALUE OF SECURITIES                  R4 905 000.00

     NAME OF ASSOCIATE                               Theron Familie Trust
     RELATIONSHIP WITH DIRECTOR                      Director is a trustee and beneficiary of the
                                                     associate
     NATURE OF TRANSACTION                           Disposal (Off-market transaction)
     NATURE AND EXTENT OF INTEREST                   Indirect, Beneficial
     CLEARANCE OBTAINED                              Yes

DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF A MAJOR
SUBSIDIARY


   NAME OF DIRECTOR                                     HP Visser
   COMPANY OF WHICH I AM A DIRECTOR                     PSG Insure Holdings Proprietary Limited (a
                                                        major subsidiary of PSG Konsult)
   STATUS: EXECUTIVE/NON-EXECUTIVE                      Executive
   TYPE OF SECURITIES                                   Shares
   CLASS OF SECURITIES                                  Ordinary
   DATE OF TRANSACTION                                  22 October 2018
   CENTS PER SHARE                                      981
   NUMBER OF SECURITIES TRANSACTED                      2 000 000

   TOTAL RAND VALUE OF SECURITIES                       R19 620 000.00

   NAME OF ASSOCIATE                                    Nikadine Trust
   RELATIONSHIP WITH DIRECTOR                           Director is a trustee and beneficiary of the
                                                        associate
   NATURE OF TRANSACTION                                Disposal (Off-market transaction)
   NATURE AND EXTENT OF INTEREST                        Indirect, Beneficial
   CLEARANCE OBTAINED                                   Yes

DEALING IN SECURITIES BY A SHARE INCENTIVE SCHEME

In compliance with paragraph 14.9(d) of Schedule 14 and paragraphs 3.63 to 3.74 of the JSE
Limited Listings Requirements, the following information, relating to the dealing in PSG Konsult
securities by the PSG Konsult Group Share Incentive Trust, is disclosed:

NAME OF SCHEME                              PSG Konsult Group Share Incentive Trust
COMPANY TO WHICH THE SCHEME                 PSG Konsult Limited
RELATES
TYPE OF SECURITIES                          Shares
CLASS OF SECURITIES                         Ordinary
DATE OF TRANSACTION                         22 October 2018
CENTS PER SHARE                             981
NUMBER OF SECURITIES                        2 846 369
TRANSACTED
TOTAL RAND VALUE OF SECURITIES              R27 922 879.89
NATURE OF TRANSACTION                       Purchase of shares by the PSG Konsult
                                            Group Share Incentive Trust to enable it to
                                            satisfy certain of its obligations in terms of the
                                            Share Incentive Scheme (Off-market
                                            transaction)

The above shares were purchased by the PSG Konsult Group Share Incentive Trust under the
abovementioned placement from persons other than directors of PSG Konsult Limited, at the
same price at which shares were placed with independent institutional investors.

Clearance to deal in these shares was obtained in accordance with paragraph 3.66 of the JSE
Limited Listings Requirements, to the extent required.

Tyger Valley
22 October 2018

JSE Sponsor: PSG Capital

NSX Sponsor: PSG Wealth Management (Namibia) Proprietary Ltd, member of the Namibian
Stock Exchange

Date: 22/10/2018 05:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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