Exercise And Acceptance Of Options By Directors In Terms Of The PSG Group Limited Supplementary Share Incentive Trus
 
 
PSG Group Limited
 
Incorporated in the Republic of South Africa
 
Registration number: 1970/008484/06
 
JSE share code: PSG
 
ISIN number: ZAE000013017
 
(“PSG Group” or “the company”)
 
 
EXERCISE AND ACCEPTANCE OF OPTIONS BY DIRECTORS IN TERMS OF THE PSG GROUP
 
LIMITED SUPPLEMENTARY SHARE INCENTIVE TRUST AND DEALING IN SECURITIES
 
 
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings
 
Requirements, the following information is disclosed:
 
 
A) EXERCISE OF OPTIONS
 
 
1.
 
NAME OF DIRECTOR PJ Mouton
 
COMPANY OF WHICH I AM A PSG Group
 
DIRECTOR
 
STATUS:EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 6 May 2014
 
OPTION STRIKE PRICE R15.52028 (1)
 
R22.09 (2)
 
R39.61 (3)
 
R47.39 (4)
 
NUMBER OF OPTIONS EXERCISED 35 233 (1)
 
37 772 (2)
 
75 465 (3)
 
28 211 (4)
 
TOTAL RAND VALUE OF OPTIONS R546 826.03 (1)
 
R834 383.48 (2)
 
R2 989 168.65 (3)
 
R1 336 919.29 (4)
 
STRIKE DATE OF OPTIONS 20 April 2014 (1)
 
28 February 2014 (2) – (4)
 
PERIOD OF EXERCISE Participants have a 30-day (1)
 
period from the strike date
 
during which options can be
 
exercised
 
Participants have a 90-day (2) – (4)
 
period from the strike date
 
during which options can be
 
exercised
 
NAME OF ASSOCIATE K2013202275 (South Africa)
 
(Pty) Ltd
 
RELATIONSHIP WITH DIRECTOR Director is a director of the
 
associate and a trustee and
 
beneficiary of the shareholder
 
of the associate
 
NATURE OF TRANSACTION Acquisition of shares in PSG
 
Group through the exercise of
 
options(Off-market transaction)
 
NATURE AND EXTENT OF Indirect, Beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
2.
 
NAME OF DIRECTOR WL Greeff
 
COMPANY OF WHICH I AM A PSG Group
 
DIRECTOR
 
STATUS:EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 6 May 2014
 
OPTION STRIKE PRICE R15.52028
 
NUMBER OF OPTIONS EXERCISED 33 698
 
TOTAL RAND VALUE OF OPTIONS R523 002.40
 
STRIKE DATE OF OPTIONS 20 April 2014
 
PERIOD OF EXERCISE Participants have a 30-day
 
period from the strike date
 
during which options can be
 
exercised
 
NAME OF ASSOCIATE Relta 15 (Pty) Ltd
 
RELATIONSHIP WITH DIRECTOR Director is a director of the
 
associate and a trustee and
 
beneficiary of the shareholder
 
of the associate
 
NATURE OF TRANSACTION Acquisition of shares in PSG
 
Group through the exercise of
 
options(Off-market transaction)
 
NATURE AND EXTENT OF Indirect, Beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
3.
 
NAME OF DIRECTOR WL Greeff
 
COMPANY OF WHICH I AM A PSG Group
 
DIRECTOR
 
STATUS:EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 6 May 2014
 
OPTION STRIKE PRICE R15.52028 (1)
 
R22.09 (2)
 
R39.61 (3)
 
R47.39 (4)
 
NUMBER OF OPTIONS EXERCISED 9 352 (1)
 
6 672 (2)
 
61 296 (3)
 
22 680 (4)
 
TOTAL RAND VALUE OF OPTIONS R145 145.65 (1)
 
R147 384.48 (2)
 
R2 427 934.56 (3)
 
R1 074 805.20 (4)
 
STRIKE DATE OF OPTIONS 20 April 2014 (1)
 
28 February 2014 (2) – (4)
 
PERIOD OF EXERCISE Participants have a 30-day (1)
 
period from the strike date
 
during which options can be
 
exercised
 
Participants have a 90-day (2) – (4)
 
period from the strike date
 
during which options can be
 
exercised
 
NATURE OF TRANSACTION Acquisition of shares in PSG
 
Group 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 JA Holtzhausen
 
COMPANY OF WHICH I AM A PSG Group
 
DIRECTOR
 
STATUS:EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 6 May 2014
 
OPTION STRIKE PRICE R15.52028 (1)
 
R22.09 (2)
 
R39.61 (3)
 
R47.39 (4)
 
NUMBER OF OPTIONS EXERCISED 32 862 (1)
 
38 746 (2)
 
49 443 (3)
 
24 948 (4)
 
TOTAL RAND VALUE OF OPTIONS R510 027.44 (1)
 
R855 899.14 (2)
 
R1 958 437.23 (3)
 
R1 182 285.72 (4)
 
STRIKE DATE OF OPTIONS 20 April 2014 (1)
 
28 February 2014 (2) – (4)
 
PERIOD OF EXERCISE Participants have a 30-day (1)
 
period from the strike date
 
during which options can be
 
exercised
 
Participants have a 90-day (2) – (4)
 
period from the strike date
 
during which options can be
 
exercised
 
NATURE OF TRANSACTION Acquisition of shares in PSG
 
Group 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 JF Mouton
 
COMPANY OF WHICH I AM A PSG Group
 
DIRECTOR
 
STATUS:EXECUTIVE/NON- Non-executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 6 May 2014
 
OPTION STRIKE PRICE R26.16 (1)
 
R39.61 (2)
 
R47.39 (3)
 
NUMBER OF OPTIONS EXERCISED 127 880 (1)
 
50 488 (2)
 
51 014 (3)
 
TOTAL RAND VALUE OF OPTIONS R3 345 340.80 (1)
 
R1 999 829.68 (2)
 
R2 417 553.46 (3)
 
STRIKE DATE OF OPTIONS 22 April 2014 (1)
 
28 February 2014 (2) – (3)
 
PERIOD OF EXERCISE Participants have a 30-day (1)
 
period from the strike date
 
during which options can be
 
exercised
 
Participants have a 90-day (2) – (3)
 
period from the strike date
 
during which options can be
 
exercised
 
NAME OF ASSOCIATE JF Mouton Liefdadigheidstrust
 
RELATIONSHIP WITH DIRECTOR Director is the founder and a
 
trustee of the associate
 
NATURE OF TRANSACTION Taken delivery of shares by an
 
associate of the director
 
pursuant to the assignment of
 
rights and obligations
 
NATURE AND EXTENT OF Indirect, Non-beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
6.
 
NAME OF DIRECTOR B van der Linde
 
MAJOR SUBSIDIARY OF WHICH I Curro Holdings Limited
 
AM A DIRECTOR
 
STATUS:EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 6 May 2014
 
OPTION STRIKE PRICE R15.52028 (1)
 
R22.09 (2)
 
NUMBER OF OPTIONS EXERCISED 14 413 (1)
 
3 163 (2)
 
TOTAL RAND VALUE OF OPTIONS R223 693.80 (1)
 
R69 870.67 (2)
 
STRIKE DATE OF OPTIONS 20 April 2014 (1)
 
28 February 2014 (2)
 
PERIOD OF EXERCISE Participants have a 30-day (1)
 
period from the strike date
 
during which options can be
 
exercised
 
Participants have a 90-day (2)
 
period from the strike date
 
during which options can be
 
exercised
 
NATURE OF TRANSACTION Acquisition of shares in PSG
 
Group 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 N Celliers
 
MAJOR SUBSIDIARY OF WHICH I Zeder Investments Limited
 
AM A DIRECTOR
 
STATUS:EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 6 May 2014
 
OPTION STRIKE PRICE R47.39
 
NUMBER OF OPTIONS EXERCISED 7 913
 
TOTAL RAND VALUE OF OPTIONS R374 997.07
 
STRIKE DATE OF OPTIONS 28 February 2014
 
PERIOD OF EXERCISE Participants have a 90-day
 
period from the strike date
 
during which options can be
 
exercised
 
NAME OF ASSOCIATE Norman Celliers Trust
 
RELATIONSHIP WITH DIRECTOR Director is a trustee of the
 
associate
 
NATURE OF TRANSACTION Acquisition of shares in PSG
 
Group through the exercise of
 
options(Off-market transaction)
 
NATURE AND EXTENT OF Indirect, Non-beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
Clearance to deal in these shares was obtained in accordance with rule
 
3.66 of the JSE Limited Listings Requirements.
 
 
B) ACCEPTANCE OF OPTIONS
 
 
The following share option awards were accepted in terms of the PSG Group
 
Limited Supplementary Share Incentive Trust:
 
1.
 
NAME OF DIRECTOR PJ Mouton
 
COMPANY OF WHICH I AM A PSG Group
 
DIRECTOR
 
STATUS:EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE AND CLASS OF SECURITIES Share options to acquire
 
ordinary shares
 
DATE OF AWARD 28 February 2014
 
DATE OF ACCEPTANCE 6 May 2014
 
OPTION STRIKE PRICE R83.23 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 28 February 2014)
 
NUMBER OF OPTIONS AWARDED 661 884
 
TOTAL RAND VALUE OF OPTIONS R55 088 605.32
 
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
 
each on the 2nd, 3rd, 4th and 5th
 
anniversary of the award
 
NATURE OF TRANSACTION Award of options to acquire
 
ordinary shares in terms of a
 
share incentive scheme
 
NATURE AND EXTENT OF Direct, Beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
2.
 
NAME OF DIRECTOR WL Greeff
 
COMPANY OF WHICH I AM A PSG Group
 
DIRECTOR
 
STATUS:EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE AND CLASS OF SECURITIES Share options to acquire
 
ordinary shares
 
DATE OF AWARD 28 February 2014
 
DATE OF ACCEPTANCE 6 May 2014
 
OPTION STRIKE PRICE R83.23 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 28 February 2014)
 
NUMBER OF OPTIONS AWARDED 601 428
 
TOTAL RAND VALUE OF OPTIONS R50 056 852.44
 
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
 
each on the 2nd, 3rd, 4th and 5th
 
anniversary of the award
 
NATURE OF TRANSACTION Award of options to acquire
 
ordinary shares in terms of a
 
share incentive scheme
 
NATURE AND EXTENT OF Direct, Beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
3.
 
NAME OF DIRECTOR JA Holtzhausen
 
COMPANY OF WHICH I AM A PSG Group
 
DIRECTOR
 
STATUS:EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE AND CLASS OF SECURITIES Share options to acquire
 
ordinary shares
 
DATE OF AWARD 28 February 2014
 
DATE OF ACCEPTANCE 6 May 2014
 
OPTION STRIKE PRICE R83.23 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 28 February 2014)
 
NUMBER OF OPTIONS AWARDED 602 244
 
TOTAL RAND VALUE OF OPTIONS R50 124 768.12
 
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
 
each on the 2nd, 3rd, 4th and 5th
 
anniversary of the award
 
NATURE OF TRANSACTION Award of options to acquire
 
ordinary shares in terms of a
 
share incentive scheme
 
NATURE AND EXTENT OF Direct, Beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
4.
 
NAME OF DIRECTOR JF Mouton
 
COMPANY OF WHICH I AM A PSG Group
 
DIRECTOR
 
STATUS:EXECUTIVE/NON- Non-executive
 
EXECUTIVE
 
TYPE AND CLASS OF SECURITIES Share options to acquire
 
ordinary shares
 
DATE OF AWARD 28 February 2014
 
DATE OF ACCEPTANCE 6 May 2014
 
OPTION STRIKE PRICE R83.23 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 28 February 2014)
 
NUMBER OF OPTIONS AWARDED 643 824
 
TOTAL RAND VALUE OF OPTIONS R53 585 471.52
 
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
 
each on the 2nd, 3rd, 4th and 5th
 
anniversary of the award
 
NATURE OF TRANSACTION Award of options to acquire
 
ordinary shares in terms of a
 
share incentive scheme
 
NATURE AND EXTENT OF Direct, Beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
5.
 
NAME OF DIRECTOR N Celliers
 
MAJOR SUBSIDIARY OF WHICH I Zeder Investments Limited
 
AM A DIRECTOR
 
STATUS:EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE AND CLASS OF SECURITIES Share options to acquire
 
ordinary shares
 
DATE OF AWARD 28 February 2014
 
DATE OF ACCEPTANCE 6 May 2014
 
OPTION STRIKE PRICE R83.23 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 28 February 2014)
 
NUMBER OF OPTIONS AWARDED 8 110
 
TOTAL RAND VALUE OF OPTIONS R674 995.30
 
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
 
each on the 2nd, 3rd, 4th and 5th
 
anniversary of the award
 
NATURE OF TRANSACTION Award of options to acquire
 
ordinary shares in terms of a
 
share incentive scheme
 
NATURE AND EXTENT OF Direct, Beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
Clearance to accept these share option awards was obtained in accordance
 
with rule 3.66 of the JSE Limited Listings Requirements.
 
 
C) DEALING IN SECURITIES
 
 
1.
 
NAME OF DIRECTOR WL Greeff
 
COMPANY OF WHICH I AM A PSG Group
 
DIRECTOR
 
STATUS:EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 6 May 2014
 
CENTS PER SHARE 10 798
 
NUMBER OF SECURITIES 100 000
 
TRANSACTED
 
TOTAL RAND VALUE OF R10 798 000.00
 
SECURITIES
 
NATURE OF TRANSACTION Disposal of shares in PSG Group
 
to settle share incentive
 
scheme obligations(Off-market
 
transaction)
 
NATURE AND EXTENT OF Direct, Beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
2.
 
NAME OF DIRECTOR JA Holtzhausen
 
COMPANY OF WHICH I AM A PSG Group
 
DIRECTOR
 
STATUS:EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 6 May 2014
 
CENTS PER SHARE 10 798
 
NUMBER OF SECURITIES 100 000
 
TRANSACTED
 
TOTAL RAND VALUE OF R10 798 000.00
 
SECURITIES
 
NATURE OF TRANSACTION Disposal of shares in PSG Group
 
to settle share incentive
 
scheme obligations(Off-market
 
transaction)
 
NATURE AND EXTENT OF Direct, Beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
3.
 
NAME OF DIRECTOR JF Mouton
 
COMPANY OF WHICH I AM A PSG Group
 
DIRECTOR
 
STATUS:EXECUTIVE/NON- Non-executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 6 May 2014
 
CENTS PER SHARE 10 798
 
NUMBER OF SECURITIES 200 000
 
TRANSACTED
 
TOTAL RAND VALUE OF R21 596 000.00
 
SECURITIES
 
NAME OF ASSOCIATE Dana Beleggings (Pty) Ltd
 
RELATIONSHIP WITH DIRECTOR Director is a director of the
 
associate
 
NATURE OF TRANSACTION Acquisition of shares in PSG
 
Group (Off-market transaction)
 
NATURE AND EXTENT OF Indirect, Non-beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
Clearance to deal in these shares was obtained in accordance with rule
 
3.66 of the JSE Limited Listings Requirements.
 
 
Stellenbosch
 
6 May 2014
 
 
Sponsor
 
PSG Capital
 
 
Date: 06/05/2014 05:42:00 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.