Dealing By A Director - Distribution To A Charitable Organisation
 
 
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” or “the Company”)
 
 
DEALING BY A DIRECTOR - DISTRIBUTION TO A CHARITABLE ORGANISATION
 
 
Shareholders are hereby referred to the previous SENS announcement
 
dated 29 August 2017, in which it was advised that Mr JF Mouton,
 
chairman of PSG, had donated a 39.9% shareholding in Dana Beleggings
 
Proprietary Limited (“Dana Beleggings”), an associate of Mr Mouton
 
which holds 10 278 495 PSG shares, to the Jannie Mouton Foundation, a
 
charitable organisation which supports various philanthropic
 
initiatives. The JF Mouton Familietrust, an associate of Mr Mouton,
 
has also now distributed a further 59% shareholding in Dana Beleggings
 
to the Jannie Mouton Foundation. The aforementioned two transactions
 
relate in aggregate to 98.9% of the issued share capital of Dana
 
Beleggings, following which the Jannie Mouton Foundation holds 100%
 
of the issued share capital of Dana Beleggings.
 
 
In compliance with rules 3.63 to 3.74 of the JSE Listings Requirements,
 
the following information is accordingly disclosed:
 
 
NAME OF DIRECTOR JF Mouton
 
COMPANY OF WHICH I AM A DIRECTOR PSG Group Limited
 
STATUS: EXECUTIVE/NON-EXECUTIVE Non-executive
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 16 October 2017
 
CENTS PER SHARE 25 839
 
(deemed price per PSG
 
share)
 
NUMBER OF SECURITIES TRANSACTED 6 067 022
 
(being 59% of 10 278 495
 
PSG shares held by Dana
 
Beleggings)
 
TOTAL RAND VALUE OF SECURITIES R1 567 657 814.58
 
NATURE OF TRANSACTION Distribution of 59%
 
shareholding in Dana
 
Beleggings, an associate
 
of the director holding
 
10 278 495 PSG shares,
 
to the Jannie Mouton
 
Foundation
 
(off-market)
 
NATURE AND EXTENT OF INTEREST Indirect, non-beneficial
 
IN THE TRANSACTION
 
CLEARANCE OBTAINED Yes
 
 
Shareholders are hereby advised, in terms of section 122(3)(b) of the
 
Companies Act No 71 of 2008 and paragraph 3.83(b) of the JSE Listings
 
Requirements, that the Company has received formal notification in the
 
prescribed form that the distribution by the JF Mouton Familietrust,
 
as detailed above, has resulted in Mr Mouton’s direct and indirect
 
beneficial shareholding in the Company reducing to 17.7% of the total
 
issued ordinary share capital (18.9% net of treasury shares).
 
 
17 October 2017
 
Stellenbosch
 
 
Sponsor
 
PSG Capital
 
 
Date: 17/10/2017 12:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
 
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