Voluntary Announcement
 
 
PSG Group Limited
 
Incorporated in the Republic of South Africa
 
Registration number: 1970/008484/06
 
Share code: PSG
 
ISIN code: ZAE000013017
 
(“PSG Group”)
 
 
VOLUNTARY ANNOUNCEMENT
 
 
We have noticed various misleading media reports and statements
 
regarding the chairman of PSG Group, Jannie Mouton. For the
 
avoidance of doubt and to address any inaccurate reports, please
 
note the following:
 
 
1. Jannie Mouton was a non-executive director of Steinhoff
 
International Holdings N.V. (“Steinhoff”) until May 2016 only.
 
 
2. Furthermore, the entity through which Jannie Mouton held an
 
indirect beneficial interest in Steinhoff commenced disposing
 
of its interest in Steinhoff (comprising 7 million Steinhoff
 
shares) shortly after his resignation and completed such
 
disposal by June 2017. The funds obtained from such disposal
 
were used to settle debt and to fund the Jannie Mouton
 
Foundation, a charitable organisation focused on education and
 
social upliftment in South Africa.
 
 
3. Accordingly, neither Jannie Mouton nor the Jannie Mouton
 
Foundation, currently owns any shares in Steinhoff.
 
 
 
Stellenbosch
 
12 December 2017
 
 
Sponsor: PSG Capital Proprietary Limited
 
 
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