Exercise And Acceptance Of Options By Directors In Terms Of The PSG Group Limited Supplementary SIT
 
 
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
 
 
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings
 
Requirements, the following information is disclosed:
 
 
A) EXERCISE OF OPTIONS
 
 
The following share options were exercised 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 OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 27 February 2015
 
OPTION STRIKE PRICE R22.09 (1)
 
R39.61 (2)
 
R47.39 (3)
 
R61.50 (4)
 
NUMBER OF OPTIONS EXERCISED 37 770 (1)
 
75 465 (2)
 
28 211 (3)
 
32 263 (4)
 
TOTAL RAND VALUE OF OPTIONS R834 339.30 (1)
 
R2 989 168.65 (2)
 
R1 336 919.29 (3)
 
R1 984 174.50 (4)
 
STRIKE DATE OF OPTIONS 27 February 2015 (1) – (4)
 
PERIOD OF EXERCISE Participants have a 90-day (1) – (4)
 
period from the strike date
 
during which options can be
 
exercised
 
NAME OF ASSOCIATE Jufrapi Investments (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 27 February 2015
 
OPTION STRIKE PRICE R22.09 (1)
 
R39.61 (2)
 
R47.39 (3)
 
R61.50 (4)
 
NUMBER OF OPTIONS EXERCISED 6 670 (1)
 
61 296 (2)
 
22 680 (3)
 
26 045 (4)
 
TOTAL RAND VALUE OF OPTIONS R147 340.30 (1)
 
R2 427 934.56 (2)
 
R1 074 805.20 (3)
 
R1 601 767.50 (4)
 
STRIKE DATE OF OPTIONS 27 February 2015 (1) – (4)
 
PERIOD OF EXERCISE Participants have a 90-day (1) – (4)
 
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 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 27 February 2015
 
OPTION STRIKE PRICE R22.09 (1)
 
R39.61 (2)
 
R47.39 (3)
 
R61.50 (4)
 
NUMBER OF OPTIONS EXERCISED 38 744 (1)
 
49 443 (2)
 
24 948 (3)
 
25 885 (4)
 
TOTAL RAND VALUE OF OPTIONS R855 854.96 (1)
 
R1 958 437.23 (2)
 
R1 182 285.72 (3)
 
R1 591 927.50 (4)
 
STRIKE DATE OF OPTIONS 27 February 2015 (1) – (4)
 
PERIOD OF EXERCISE Participants have a 90-day (1) – (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 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 27 February 2015
 
OPTION STRIKE PRICE R39.61 (1)
 
R47.39 (2)
 
R61.50 (3)
 
NUMBER OF OPTIONS EXERCISED 50 488 (1)
 
51 014 (2)
 
42 791 (3)
 
TOTAL RAND VALUE OF OPTIONS R1 999 829.68 (1)
 
R2 417 553.46 (2)
 
R2 631 646.50 (3)
 
STRIKE DATE OF OPTIONS 27 February 2015 (1) – (3)
 
PERIOD OF EXERCISE Participants have a 90-day (1) – (3)
 
period from the strike date
 
during which options can be
 
exercised
 
NAME OF ASSOCIATE Dana Beleggings (Pty) Ltd
 
RELATIONSHIP WITH DIRECTOR Director is a director of the
 
associate and a trustee 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, Non-beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
5.
 
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 27 February 2015
 
OPTION STRIKE PRICE R22.09
 
NUMBER OF OPTIONS EXERCISED 3 162
 
TOTAL RAND VALUE OF OPTIONS R69 848.58
 
STRIKE DATE OF OPTIONS 27 February 2015
 
PERIOD OF EXERCISE Participants have a 90-day
 
period from the strike date
 
during which options can be
 
exercised
 
NAME OF ASSOCIATE Waterweg Trust
 
RELATIONSHIP WITH DIRECTOR Director is a trustee and
 
beneficiary 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
 
 
6.
 
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 27 February 2015
 
OPTION STRIKE PRICE R47.39 (1)
 
R61.50 (2)
 
NUMBER OF OPTIONS EXERCISED 7 913 (1)
 
6 098 (2)
 
TOTAL RAND VALUE OF OPTIONS R374 997.07 (1)
 
R375 027.00 (2)
 
STRIKE DATE OF OPTIONS 27 February 2015 (1) – (2)
 
PERIOD OF EXERCISE Participants have a 90-day (1) – (2)
 
period from the strike date
 
during which options can be
 
exercised
 
NAME OF ASSOCIATE Namron Investments (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
 
 
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 27 February 2015
 
DATE OF ACCEPTANCE 27 February 2015
 
OPTION STRIKE PRICE R136.84 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 27 February 2015)
 
NUMBER OF OPTIONS AWARDED 74 693
 
TOTAL RAND VALUE OF OPTIONS R10 220 990.12
 
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
 
 
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 27 February 2015
 
DATE OF ACCEPTANCE 27 February 2015
 
OPTION STRIKE PRICE R136.84 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 27 February 2015)
 
NUMBER OF OPTIONS AWARDED 57 406
 
TOTAL RAND VALUE OF OPTIONS R7 855 437.04
 
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 27 February 2015
 
DATE OF ACCEPTANCE 27 February 2015
 
OPTION STRIKE PRICE R136.84 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 27 February 2015)
 
NUMBER OF OPTIONS AWARDED 58 986
 
TOTAL RAND VALUE OF OPTIONS R8 071 644.24
 
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 27 February 2015
 
DATE OF ACCEPTANCE 27 February 2015
 
OPTION STRIKE PRICE R136.84 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 27 February 2015)
 
NUMBER OF OPTIONS AWARDED 94 936
 
TOTAL RAND VALUE OF OPTIONS R12 991 042.24
 
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 27 February 2015
 
DATE OF ACCEPTANCE 27 February 2015
 
OPTION STRIKE PRICE R136.84 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 27 February 2015)
 
NUMBER OF OPTIONS AWARDED 9 866
 
TOTAL RAND VALUE OF OPTIONS R1 350 063.44
 
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
 
 
Clearance to accept these share option awards was obtained in accordance
 
with rule 3.66 of the JSE Limited Listings Requirements.
 
 
Stellenbosch
 
3 March 2015
 
 
Sponsor
 
PSG Capital
 
 
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