Acceptance Of Share Options By PSG Group Directors In Terms Of The PSG Group Supplementary Share Incentive Trust
 
 
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 Group”)
 
 
ACCEPTANCE OF SHARE OPTIONS BY PSG GROUP EXECUTIVE DIRECTORS IN TERMS
 
OF THE PSG GROUP LIMITED SUPPLEMENTARY SHARE INCENTIVE TRUST (“SIT”)
 
 
The following share option awards were accepted in terms of the SIT:
 
 
NAMES OF DIRECTORS PJ Mouton (1)
 
WL Greeff (2)
 
JA Holtzhausen (3)
 
COMPANY OF WHICH WE ARE PSG Group Limited
 
DIRECTORS
 
STATUS: EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE AND CLASS OF SECURITIES Share options to acquire
 
ordinary shares
 
DATE OF AWARD 28 February 2021
 
DATE OF ACCEPTANCE 28 February 2021
 
OPTION STRIKE PRICE R67.12 (PSG Group’s 30-day
 
volume weighted average traded
 
price as at 26 February 2021)
 
NUMBER OF OPTIONS ACCEPTED 349 875 (1)
 
209 756 (2)
 
208 896 (3)
 
TOTAL RAND VALUE OF OPTIONS R23 483 610.00 (1)
 
R14 078 822.72 (2)
 
R14 021 099.52 (3)
 
VESTING DATE OF OPTIONS Vesting in tranches of 25% each
 
on the 2nd, 3rd, 4th and 5th
 
anniversary of the award,
 
subject to meeting, inter alia,
 
financial and non-financial
 
performance conditions
 
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 to accept these share option awards was obtained in
 
accordance with paragraph 3.66 of the JSE Listings Requirements.
 
 
Stellenbosch
 
1 March 2021
 
 
Sponsor
 
PSG Capital
 
 
Independent joint sponsor
 
UBS South Africa
 
 
Date: 01-03-2021 05:00:00
 
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