Dealing In Securities By A Director
 
 
PSG Group Limited
 
(Incorporated in the Republic of South Africa)
 
(Registration number: 1970/008484/06)
 
JSE Limited (“JSE”) share code: PSG
 
ISIN code: ZAE000013017
 
LEI code: 378900CD0BEE79F35A34
 
(“PSG”)
 
 
DEALING IN SECURITIES BY A DIRECTOR
 
 
Shareholders are referred to the announcement released on the Stock
 
Exchange News Service on 4 September 2017 regarding the hedging
 
arrangement entered into by Mr ZL Combi (“Original Hedging Arrangement”).
 
The Original Hedging Arrangement has been replaced by the new hedging
 
arrangement as set out below.
 
 
In compliance with paragraphs 3.63 to 3.74 of the JSE Listings
 
Requirements, the following information is disclosed:
 
 
NAME OF DIRECTOR ZL Combi
 
COMPANY OF WHICH A DIRECTOR PSG Group Limited
 
STATUS: EXECUTIVE/NON-EXECUTIVE Non-executive
 
TYPE OF SECURITIES Shares
 
CLASS OF SECURITIES Ordinary
 
DATE OF TRANSACTION 10 July 2020
 
NUMBER OF SECURITIES TRANSACTED 354 000
 
NATURE OF TRANSACTION Zero-cost collar
 
(off-market transaction)
 
PUT OPTION STRIKE PRICE R138.02
 
CALL OPTION STRIKE PRICE R210.10
 
OPTION STYLE European scrip settled
 
EXPIRY DATE 5 July 2022 (as to 177 000 shares)
 
and 12 July 2022 (as to the
 
remaining 177 000 shares)
 
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
 
THE TRANSACTION
 
 
The aforementioned hedging arrangement which Mr ZL Combi has entered
 
into will help facilitate a two-year loan facility with the counterparty,
 
being a South African bank, with a maximum outstanding capital amount of
 
R48 859 080. At the closing PSG share price of R160.00 on 10 July 2020,
 
the value of the above-mentioned PSG shares amounted to R56 640 000.
 
 
Clearance for the above was obtained in accordance with paragraph 3.66
 
of the JSE Listings Requirements.
 
 
14 July 2020
 
Stellenbosch
 
 
Sponsor
 
PSG Capital
 
 
Independent sponsor
 
UBS South Africa
 
 
Date: 14-07-2020 05:30:00
 
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