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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
SEM Share Code: PSGK.N0000
ISIN: ZAE000191417
LEI Code: 378900ECF3D86FD28194
(“PSG Konsult” or the “Company”)
DEALINGS IN PSG KONSULT SECURITIES
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited (“JSE”) Listings Requirements,
the following information regarding dealings in PSG Konsult securities is disclosed:
ACCEPTANCE OF OPTIONS IN TERMS OF THE PSG KONSULT GROUP SHARE
INCENTIVE TRUST
1.
NAME OF DIRECTOR FJ Gouws
COMPANY OF WHICH A DIRECTOR PSG Konsult Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2020
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020
OPTION STRIKE PRICE R7.13 (PSG Konsult’s 30-day volume
weighted average traded price prior to
1 April 2020)
NUMBER OF OPTIONS ACCEPTED 4 800 000
TOTAL RAND VALUE OF OPTIONS R34 224 000.00
VESTING DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
2.
NAME OF DIRECTOR MIF Smith
COMPANY OF WHICH A DIRECTOR PSG Konsult Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2020
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020
OPTION STRIKE PRICE R7.13 (PSG Konsult’s 30-day volume
weighted average traded price prior to
1 April 2020)
NUMBER OF OPTIONS ACCEPTED 1 200 000
TOTAL RAND VALUE OF OPTIONS R8 556 000.00
VESTING DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
3.
NAME OF DIRECTOR NM Gudka
COMPANY OF WHICH A DIRECTOR PSG Wealth Financial Planning
Proprietary Limited (a major subsidiary of
PSG Konsult)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2020
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020
OPTION STRIKE PRICE R7.13 (PSG Konsult’s 30-day volume
weighted average traded price prior to
1 April 2020)
NUMBER OF OPTIONS ACCEPTED 1 200 000
TOTAL RAND VALUE OF OPTIONS R8 556 000.00
VESTING DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
4.
NAME OF DIRECTOR DPB Hugo
COMPANY OF WHICH A DIRECTOR PSG Wealth Financial Planning
Proprietary Limited (a major subsidiary of
PSG Konsult)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2020
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020
OPTION STRIKE PRICE R7.13 (PSG Konsult’s 30-day volume
weighted average traded price prior to
1 April 2020)
NUMBER OF OPTIONS ACCEPTED 1 500 000
TOTAL RAND VALUE OF OPTIONS R10 695 000.00
VESTING DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
5.
NAME OF DIRECTOR AM Ahern
COMPANY OF WHICH A DIRECTOR PSG Asset Management Holdings
Proprietary Limited (a major subsidiary of
PSG Konsult)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2020
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020
OPTION STRIKE PRICE R7.13 (PSG Konsult’s 30-day volume
weighted average traded price prior to
1 April 2020)
NUMBER OF OPTIONS ACCEPTED 750 000
TOTAL RAND VALUE OF OPTIONS R5 347 500.00
VESTING DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
6.
NAME OF DIRECTOR HP Visser
COMPANY OF WHICH A DIRECTOR PSG Insure Holdings Proprietary Limited
(a major subsidiary of PSG Konsult)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2020
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020
OPTION STRIKE PRICE R7.13 (PSG Konsult’s 30-day volume
weighted average traded price prior to
1 April 2020)
NUMBER OF OPTIONS ACCEPTED 1 200 000
TOTAL RAND VALUE OF OPTIONS R8 556 000.00
VESTING DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
7.
NAME OF DIRECTOR E de Waal
COMPANY OF WHICH A DIRECTOR PSG Wealth Holdings Proprietary Limited
(a major subsidiary of PSG Konsult)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2020
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020
OPTION STRIKE PRICE R7.13 (PSG Konsult’s 30-day volume
weighted average traded price prior to
1 April 2020)
NUMBER OF OPTIONS ACCEPTED 1 200 000
TOTAL RAND VALUE OF OPTIONS R 8 556 000
VESTING DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
8.
NAME OF DIRECTOR E Wegner
COMPANY OF WHICH A DIRECTOR PSG Life Limited (a major subsidiary of
PSG Konsult)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2020
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020
OPTION STRIKE PRICE R7.13 (PSG Konsult’s 30-day volume
weighted average traded price prior to
1 April 2020)
NUMBER OF OPTIONS ACCEPTED 200 000
TOTAL RAND VALUE OF OPTIONS R1 426 000.00
VESTING DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
9.
NAME OF DIRECTOR P Redshaw
COMPANY OF WHICH A DIRECTOR PSG Life Limited (a major subsidiary of
PSG Konsult)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2020
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020
OPTION STRIKE PRICE R7.13 (PSG Konsult’s 30-day volume
weighted average traded price prior to
1 April 2020)
NUMBER OF OPTIONS ACCEPTED 150 000
TOTAL RAND VALUE OF OPTIONS R1 069 500.00
VESTING DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
DEALINGS IN SECURITIES BY A DIRECTOR AND AN ASSOCIATE OF A DIRECTOR
NAME OF DIRECTOR FJ Gouws
COMPANY OF WHICH A DIRECTOR PSG Konsult Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
DATE OF TRANSACTION 20 April 2020
CENTS PER SHARE 730 (1) – (3)
NUMBER OF SECURITIES TRANSCATED 461 467 (1)
3 500 000 (2)
2 500 000 (3)
TOTAL RAND VALUE OF SECURITIES R3 368 709.10 (1)
R25 550 000.00 (2)
R18 250 000.00 (3)
NATURE OF TRANSACTION Acquisition – election to invest
portion of bonus in PSG Konsult
shares (off-market transaction) (1)
Disposal (share placement) to settle
certain existing funding obligations
relating to the past acquisition of
PSG Konsult shares (off-market
transaction) (2)
Disposal (off-market transaction) (3)
NAME OF ASSOCIATE Lanchian Investments (Pty) Ltd (2)
RELATIONSHIP WITH DIRECTOR Director is a director and shareholder
of the associate (2)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial (1), (3)
THE TRANSACTION Indirect, beneficial (2)
CLEARANCE OBTAINED Yes
DEALINGS IN SECURITIES BY DIRECTORS OF MAJOR SUBSIDIARIES
The following shares were released to directors of major subsidiaries in accordance with the
terms of the PSG Konsult Group Share Incentive Trust (“SIT”):
1.
NAME OF DIRECTOR NM Gudka
MAJOR SUBSIDIARY OF WHICH A PSG Wealth Financial Planning
DIRECTOR Proprietary Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
DATE OF TRANSACTION 20 April 2020
CENTS PER SHARE AT WHICH 1 035
SECURITIES WERE INITIALLY ACQUIRED
BY SIT
CENTS PER SHARE AT WHICH 730
SECURITIES WERE RELEASED
NUMBER OF SECURITIES TRANSACTED 144 928
TOTAL RAND VALUE OF SECURITIES R1 057 974.40
NATURE OF TRANSACTION Release of shares in PSG Konsult to
director (off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
2.
NAME OF DIRECTOR E Wegner
MAJOR SUBSIDIARY OF WHICH A PSG Life Limited
DIRECTOR
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
DATE OF TRANSACTION 20 April 2020
CENTS PER SHARE AT WHICH 1 035
SECURITIES WERE INITIALLY ACQUIRED
BY SIT
CENTS PER SHARE AT WHICH 730
SECURITIES WERE RELEASED
NUMBER OF SECURITIES TRANSACTED 17 391
TOTAL RAND VALUE OF SECURITIES R126 954.30
NATURE OF TRANSACTION Release of shares in PSG Konsult to
director (off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
3.
NAME OF DIRECTOR P Redshaw
MAJOR SUBSIDIARY OF WHICH A PSG Life Limited
DIRECTOR
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
DATE OF TRANSACTION 20 April 2020
CENTS PER SHARE AT WHICH 1 035
SECURITIES WERE INITIALLY ACQUIRED
BY SIT
CENTS PER SHARE AT WHICH 730
SECURITIES WERE RELEASED
NUMBER OF SECURITIES TRANSACTED 17 391
TOTAL RAND VALUE OF SECURITIES R126 954.30
NATURE OF TRANSACTION Release of shares in PSG Konsult to
director (off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings
Requirements.
Tyger Valley
21 April 2020
JSE Sponsor: PSG Capital Proprietary Limited
NSX Sponsor: PSG Wealth Management (Namibia) Proprietary Limited, member of the
Namibian Stock Exchange
SEM authorised representative and SEM Sponsor: Perigeum Capital Ltd
This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 15.24 and
the Mauritian Securities Act 2005. The board of directors of PSG Konsult accepts full
responsibility for the accuracy of the information contained in this Communiqué.
Date: 21-04-2020 02:30:00
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