Exercise And Acceptance Of Options By Directors In Terms Of The Psg Group Limited Supplementary Share IncentiveTrust
 
 
PSG Group Limited
 
Incorporated in the Republic of South Africa
 
Registration number: 1970/008484/06
 
JSE share code: PSG
 
ISIN number: ZAE000013017
 
(“PSG Group”)
 
 
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 26 February 2016
 
 
OPTION STRIKE PRICE R39.61 (1)
 
R47.39 (2)
 
R61.50 (3)
 
R83.23 (4)
 
 
NUMBER OF OPTIONS EXERCISED 75 465 (1)
 
28 211 (2)
 
32 263 (3)
 
165 471 (4)
 
 
TOTAL RAND VALUE OF OPTIONS R2 989 168.65 (1)
 
R1 336 919.29 (2)
 
R1 984 174.50 (3)
 
R13 772 151.33 (4)
 
 
STRIKE DATE OF OPTIONS 26 February 2016 (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
 
(Proprietary) Limited
 
 
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 26 February 2016
 
 
OPTION STRIKE PRICE R39.61 (1)
 
R47.39 (2)
 
R61.50 (3)
 
R83.23 (4)
 
 
NUMBER OF OPTIONS EXERCISED 61 296 (1)
 
22 680 (2)
 
26 045 (3)
 
150 357 (4)
 
 
TOTAL RAND VALUE OF OPTIONS R2 427 934.56 (1)
 
R1 074 805.20 (2)
 
R1 601 767.50 (3)
 
R12 514 213.11 (4)
 
 
STRIKE DATE OF OPTIONS 26 February 2016 (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 Pinot Investments (Proprietary)
 
Limited
 
 
RELATIONSHIP WITH DIRECTOR Director is a director of and
 
shareholder in the associate
 
and a trustee and beneficiary
 
of the majority 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 26 February 2016
 
 
OPTION STRIKE PRICE R39.61 (1)
 
R47.39 (2)
 
R61.50 (3)
 
R83.23 (4)
 
 
NUMBER OF OPTIONS EXERCISED 49 441 (1)
 
24 948 (2)
 
25 885 (3)
 
150 561 (4)
 
 
TOTAL RAND VALUE OF OPTIONS R1 958 358.01 (1)
 
R1 182 285.72 (2)
 
R1 591 927.50 (3)
 
R12 531 192.03 (4)
 
 
STRIKE DATE OF OPTIONS 26 February 2016 (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 26 February 2016
 
 
OPTION STRIKE PRICE R39.61 (1)
 
R47.39 (2)
 
R61.50 (3)
 
R83.23 (4)
 
 
NUMBER OF OPTIONS EXERCISED 50 488 (1)
 
51 014 (2)
 
42 791 (3)
 
160 956 (4)
 
 
TOTAL RAND VALUE OF OPTIONS R1 999 829.68 (1)
 
R2 417 553.46 (2)
 
R2 631 646.50 (3)
 
R13 396 367.88 (4)
 
 
STRIKE DATE OF OPTIONS 26 February 2016 (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 Dana Beleggings (Proprietary)
 
Limited
 
 
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 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 26 February 2016
 
 
OPTION STRIKE PRICE R47.39 (1)
 
R61.50 (2)
 
R83.23 (3)
 
 
NUMBER OF OPTIONS EXERCISED 7 913 (1)
 
6 098 (2)
 
2 028 (3)
 
 
TOTAL RAND VALUE OF OPTIONS R374 997.07 (1)
 
R375 027.00 (2)
 
R168 790.44 (3)
 
 
STRIKE DATE OF OPTIONS 26 February 2016 (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 Namron Investments
 
(Proprietary) Limited
 
 
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 29 February 2016
 
 
DATE OF ACCEPTANCE 29 February 2016
 
 
OPTION STRIKE PRICE R178.29 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 29 February 2016)
 
 
NUMBER OF OPTIONS AWARDED 83 993
 
 
TOTAL RAND VALUE OF OPTIONS R14 975 111.97
 
 
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 29 February 2016
 
 
DATE OF ACCEPTANCE 29 February 2016
 
 
OPTION STRIKE PRICE R178.29 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 29 February 2016)
 
 
NUMBER OF OPTIONS AWARDED 54 871
 
 
TOTAL RAND VALUE OF OPTIONS R9 782 950.59
 
 
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 29 February 2016
 
 
DATE OF ACCEPTANCE 29 February 2016
 
 
OPTION STRIKE PRICE R178.29 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 29 February 2016)
 
 
NUMBER OF OPTIONS AWARDED 52 880
 
 
TOTAL RAND VALUE OF OPTIONS R9 427 975.20
 
 
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 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 29 February 2016
 
 
DATE OF ACCEPTANCE 29 February 2016
 
 
OPTION STRIKE PRICE R178.29 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 29 February 2016)
 
 
NUMBER OF OPTIONS AWARDED 7 341
 
 
TOTAL RAND VALUE OF OPTIONS R1 308 826.89
 
 
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
 
1 March 2016
 
 
Sponsor
 
PSG Capital
 
 
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