Updated Sum-Of-The-Parts Value Per Share
 
 
PSG Group Limited
 
(Incorporated in the Republic of South Africa)
 
Registration number: 1970/008484/06
 
Share code: PSG
 
ISIN code: ZAE000013017
 
(“PSG Group”)
 
 
PSG Financial Services Limited
 
(Incorporated in the Republic of South Africa)
 
Registration number: 1919/000478/06
 
Share code: PGFP
 
ISIN code: ZAE000096079
 
(“PSG Financial Services”)
 
 
UPDATED SUM-OF-THE-PARTS VALUE PER SHARE
 
 
PSG Group, an investment holding company, continues to use the sum-of-
 
the-parts (“SOTP”) value to provide management and investors with a
 
realistic and transparent way of valuing PSG Group. The calculation of
 
the SOTP value is simple and requires limited subjectivity as
 
approximately 86% of the value is calculated using JSE-listed share
 
prices, while other assets and liabilities are included at market-
 
related valuations.
 
 
As previously communicated, in order to provide investors with an up
 
to date indicative SOTP value, PSG Group’s website (www.psggroup.co.za)
 
contains an online tool whereby PSG Group’s SOTP value is calculated
 
based on approximately 15-minute delayed JSE-listed share prices for
 
its listed investments, while all other information is updated when
 
material changes occur. It is for this reason that PSG Group’s SOTP
 
value has been updated following the recent Curro Holdings Ltd (“Curro”)
 
rights offer in terms of which PSG Financial Services acquired 20.3m
 
additional Curro ordinary shares. PSG Group management consequently
 
would like to advise that as at the close of business on 1 June 2016,
 
the SOTP value per PSG Group share was R203.83.
 
 
The information provided is for general information purposes only and
 
does not constitute an offer to sell any securities or constitute
 
investment advice relating to securities or a representation that the
 
security is a suitable or appropriate investment for any person or
 
warrants any share price value in any form. Investors are advised to
 
give independent consideration to and conduct independent investigation
 
with regards to this information and the value of PSG Group shares, and
 
to obtain investment advice from their independent financial advisors.
 
The information contained in this announcement has not been reviewed
 
or reported on by the auditor of PSG Group.
 
 
Stellenbosch
 
9 June 2016
 
 
Sponsor
 
PSG Capital
 
 
Date: 09/06/2016 09:00:00 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.