Exercise Of Share Options In Terms Of The PSG Group Limited Supplementary Share Incentive Trust
 
 
PSG GROUP LIMITED
 
(Incorporated in the Republic of South Africa)
 
(Registration number: 1970/008484/06)
 
Share code: PSG
 
ISIN: ZAE000013017
 
(“PSG Group”)
 
 
 
EXERCISE OF SHARE OPTIONS IN TERMS OF THE PSG GROUP LIMITED
 
SUPPLEMENTARY SHARE INCENTIVE TRUST (“SIT”)
 
 
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
 
following information is disclosed:
 
 
A) EXERCISE OF SHARE OPTIONS PREVIOUSLY GRANTED IN TERMS OF THE SIT
 
 
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
 
 
OPTION STRIKE PRICE R61.50 (1)
 
R83.23 (2)
 
R136.84 (3)
 
 
NUMBER OF OPTIONS EXERCISED 42 791 (1)
 
160 956 (2)
 
23 734 (3)
 
 
TOTAL RAND VALUE OF OPTIONS R2 631 646.50 (1)
 
R13 396 367.88 (2)
 
R3 247 760.56 (3)
 
 
EXERCISE DATE OF OPTIONS 31 July 2018 (1) – (3)
 
 
PERIOD OF EXERCISE Participants have a 180-day (1) – (3)
 
period from the vesting date of
 
28 February 2018 during which
 
the options can be exercised
 
 
NATURE OF TRANSACTION Exercise of share options by the
 
director, with the resulting
 
shares, upon their issue, to be
 
transferred by the director to his
 
associate for an amount equal to
 
the closing price on the exercise
 
date of R233.00 per share (Off-
 
market transaction)
 
 
NAME OF ASSOCIATE My Favourite Beleggings
 
Proprietary Limited
 
 
RELATIONSHIP WITH DIRECTOR Director is a director of the
 
associate and a trustee and
 
discretionary beneficiary of the
 
sole shareholder of the associate
 
 
NATURE AND EXTENT OF Indirect, Beneficial
 
INTEREST IN THE TRANSACTION
 
 
 
B) EXERCISE AND RELATED NET SETTLEMENT OF SHARE OPTIONS PREVIOUSLY
 
GRANTED 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
 
 
OPTION STRIKE PRICE R61.50 (1)
 
R83.23 (2)
 
R136.84 (3)
 
R178.29 (4)
 
 
NUMBER OF OPTIONS 32 263 (1)
 
EXERCISED 165 471 (2)
 
18 673 (3)
 
20 998 (4)
 
 
TOTAL RAND VALUE OF R1 984 174.50 (1)
 
OPTIONS R13 772 151.33 (2)
 
R2 555 213.32 (3)
 
R3 743 733.42 (4)
 
 
EXERCISE DATE OF OPTIONS 31 July 2018 (1) – (4)
 
 
NUMBER OF PSG GROUP 78 511 (1) – (4)
 
SHARES TO BE RECEIVED AS
 
NET SETTLEMENT
 
 
PERIOD OF EXERCISE Participants have a 180-day period (1) – (4)
 
from the vesting date of 28 February
 
2018 during which the options can be
 
exercised
 
 
NATURE OF TRANSACTION Exercise of share options by the
 
director and related net settlement,
 
with the resulting shares, upon their
 
issue, to be transferred by the director
 
to his associate for an amount equal
 
to the closing price on the exercise
 
date of R233.00 per share (Off-market
 
transaction)
 
 
NAME OF ASSOCIATE Heroldsbaai Investments Proprietary
 
Limited
 
 
RELATIONSHIP WITH Director is a director of the associate
 
DIRECTOR and a trustee and discretionary
 
beneficiary of the sole shareholder of
 
the associate
 
 
NATURE AND EXTENT OF Indirect, Beneficial
 
INTEREST IN THE
 
TRANSACTION
 
 
 
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
 
 
OPTION STRIKE PRICE R61.50 (1)
 
R83.23 (2)
 
R136.84 (3)
 
R178.29 (4)
 
 
NUMBER OF OPTIONS 26 044 (1)
 
EXERCISED 150 357 (2)
 
14 352 (3)
 
13 718 (4)
 
 
TOTAL RAND VALUE OF R1 601 706.00 (1)
 
OPTIONS R12 514 213.11 (2)
 
R1 963 927.68 (3)
 
R2 445 782.22 (4)
 
 
EXERCISE DATE OF OPTIONS 31 July 2018 (1) – (4)
 
NUMBER OF PSG GROUP 68 729 (1) – (4)
 
SHARES TO BE RECEIVED AS
 
NET SETTLEMENT
 
 
PERIOD OF EXERCISE Participants have a 180-day period (1) – (4)
 
from the vesting date of 28 February
 
2018 during which the options can be
 
exercised
 
 
NATURE OF TRANSACTION Exercise and related net settlement of
 
options (Off-market transaction)
 
 
NATURE AND EXTENT OF Direct, Beneficial
 
INTEREST IN THE
 
TRANSACTION
 
 
 
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
 
 
OPTION STRIKE PRICE R61.50 (1)
 
R83.23 (2)
 
R136.84 (3)
 
R178.29 (4)
 
 
NUMBER OF OPTIONS 25 883 (1)
 
EXERCISED 150 561 (2)
 
14 747 (3)
 
13 220 (4)
 
 
TOTAL RAND VALUE OF R1 591 804.50 (1)
 
OPTIONS R12 531 192.03 (2)
 
R2 017 979.48 (3)
 
R2 356 993.80 (4)
 
 
EXERCISE DATE OF OPTIONS 31 July 2018 (1) – (4)
 
 
NUMBER OF PSG GROUP 68 761 (1) – (4)
 
SHARES TO BE RECEIVED AS
 
NET SETTLEMENT
 
 
PERIOD OF EXERCISE Participants have a 180-day period (1) – (4)
 
from the vesting date of 28 February
 
2018 during which the options can be
 
exercised
 
 
NATURE OF TRANSACTION Exercise and related net settlement of
 
options (Off-market transaction)
 
 
NATURE AND EXTENT OF Direct, Beneficial
 
INTEREST IN THE
 
TRANSACTION
 
 
 
Clearance for the above dealings was obtained in accordance with paragraph 3.66 of the
 
JSE Limited Listings Requirements.
 
 
Stellenbosch
 
2 August 2018
 
 
Sponsor
 
PSG Capital
 
 
Date: 02/08/2018 05:35:00 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.