Dealing In Securities By The PSG Group Limited SIT And The Exercise And Acceptance Of Options
 
 
PSG Group Limited
 
Incorporated in the Republic of South Africa
 
Registration number: 1970/008484/06
 
JSE Limited (“JSE”) share code: PSG
 
ISIN code: ZAE000013017
 
(“PSG Group”)
 
 
DEALING IN SECURITIES BY THE PSG GROUP LIMITED SUPPLEMENTARY SHARE
 
INCENTIVE TRUST (“SIT”) AND THE EXERCISE AND ACCEPTANCE OF OPTIONS BY
 
DIRECTORS IN TERMS OF THE SIT
 
 
A) DEALING IN SECURITIES
 
 
In compliance with Schedule 14.9 and Rules 3.63 to 3.74 of the JSE
 
Listings Requirements, the following information relating to a dealing in
 
PSG Group securities by the SIT is disclosed:
 
 
SHARE INCENTIVE TRUST PSG Group Limited Supplementary Share
 
Incentive Trust
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 27 February 2017
 
RAND PER SHARE R231.78 (PSG Group’s 30-day volume
 
weighted average traded price at 20
 
February 2017)
 
NUMBER OF SECURITIES 670 855
 
TRANSACTED
 
TOTAL RAND VALUE OF R155 490 771.90
 
SECURITIES
 
NATURE OF TRANSACTION Subscription by the SIT for PSG Group
 
shares to enable it to comply with its
 
obligations in terms of the share
 
incentive scheme (Off-market transaction)
 
 
Clearance to deal in these securities was obtained in accordance with Rule
 
3.66 of the JSE Listings Requirements.
 
 
In compliance with Rules 3.63 to 3.74 of the JSE Listings Requirements,
 
the following information is disclosed:
 
 
B) EXERCISE OF OPTIONS BY DIRECTORS
 
 
The following share options were exercised in terms of the SIT:
 
 
 
1.
 
NAME OF DIRECTOR PJ Mouton
 
COMPANY OF WHICH I AM A PSG Group Limited
 
DIRECTOR
 
STATUS: EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 28 February 2017
 
OPTION STRIKE PRICE R47.39 (1)
 
R61.50 (2)
 
R83.23 (3)
 
R136.84 (4)
 
NUMBER OF OPTIONS EXERCISED 28 209 (1)
 
32 263 (2)
 
165 471 (3)
 
18 673 (4)
 
TOTAL RAND VALUE OF OPTIONS R1 336 824.51 (1)
 
R1 984 174.50 (2)
 
R13 772 151.33 (3)
 
R2 555 213.32 (4)
 
STRIKE (EXERCISE) DATE OF 28 February 2017 (1) – (4)
 
OPTIONS
 
PERIOD OF EXERCISE Participants have a 90-day (1) – (4)
 
period from the vesting 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 sole
 
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 Limited
 
DIRECTOR
 
STATUS: EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 28 February 2017
 
OPTION STRIKE PRICE R47.39 (1)
 
R61.50 (2)
 
R83.23 (3)
 
R136.84 (4)
 
NUMBER OF OPTIONS EXERCISED 22 678 (1)
 
26 045 (2)
 
150 357 (3)
 
14 352 (4)
 
TOTAL RAND VALUE OF OPTIONS R1 074 710.42 (1)
 
R1 601 767.50 (2)
 
R12 514 213.11 (3)
 
R1 963 927.68 (4)
 
STRIKE (EXERCISE) DATE OF 28 February 2017 (1) – (4)
 
OPTIONS
 
PERIOD OF EXERCISE Participants have a 90-day (1) – (4)
 
period from the vesting 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 Limited
 
DIRECTOR
 
STATUS: EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 28 February 2017
 
OPTION STRIKE PRICE R47.39 (1)
 
R61.50 (2)
 
R83.23 (3)
 
R136.84 (4)
 
NUMBER OF OPTIONS EXERCISED 24 947 (1)
 
25 885 (2)
 
150 561 (3)
 
14 747 (4)
 
TOTAL RAND VALUE OF OPTIONS R1 182 238.33 (1)
 
R1 591 927.50 (2)
 
R12 531 192.03 (3)
 
R2 017 979.48 (4)
 
STRIKE (EXERCISE) DATE OF 28 February 2017 (1) – (4)
 
OPTIONS
 
PERIOD OF EXERCISE Participants have a 90-day (1) – (4)
 
period from the vesting 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 Limited
 
DIRECTOR
 
STATUS: EXECUTIVE/NON- Non-executive
 
EXECUTIVE
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 28 February 2017
 
OPTION STRIKE PRICE R47.39 (1)
 
R61.50 (2)
 
R83.23 (3)
 
R136.84 (4)
 
NUMBER OF OPTIONS EXERCISED 51 014 (1)
 
42 791 (2)
 
160 956 (3)
 
23 734 (4)
 
TOTAL RAND VALUE OF OPTIONS R2 417 553.46 (1)
 
R2 631 646.50 (2)
 
R13 396 367.88 (3)
 
R3 247 760.56 (4)
 
STRIKE (EXERCISE) DATE OF 28 February 2017 (1) – (4)
 
OPTIONS
 
PERIOD OF EXERCISE Participants have a 90-day (1) – (4)
 
period from the vesting date
 
during which options can be
 
exercised
 
NAME OF ASSOCIATE Dana Beleggings 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
 
 
Clearance to deal in these shares was obtained in accordance with Rule
 
3.66 of the JSE Listings Requirements.
 
 
C) ACCEPTANCE OF OPTIONS BY A DIRECTOR
 
 
The following share option award was accepted in terms of the SIT:
 
 
NAME OF DIRECTOR PJ Mouton
 
COMPANY OF WHICH I AM A PSG Group Limited
 
DIRECTOR
 
STATUS: EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE AND CLASS OF SECURITIES Share options to acquire
 
ordinary shares
 
DATE OF AWARD 28 February 2017
 
DATE OF ACCEPTANCE 28 February 2017
 
OPTION STRIKE PRICE R237.31 (PSG Group’s 30-day
 
volume weighted average traded
 
price at 28 February 2017)
 
NUMBER OF OPTIONS ACCEPTED 84 203
 
TOTAL RAND VALUE OF OPTIONS R19 982 213.93
 
VESTING DATE OF OPTIONS Vesting 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 a share incentive
 
scheme
 
NATURE AND EXTENT OF Direct, Beneficial
 
INTEREST IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
Clearance to accept this share option award was obtained in accordance
 
with Rule 3.66 of the JSE Listings Requirements.
 
 
Stellenbosch
 
1 March 2017
 
 
Sponsor
 
PSG Capital
 
 
Date: 01/03/2017 04:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
 
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