Exercise And Related Net-Equity Settlement Of Share Options In Terms Of The 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”)
 
 
EXERCISE AND RELATED NET-EQUITY SETTLEMENT OF SHARE OPTIONS IN
 
TERMS OF THE PSG GROUP LIMITED SUPPLEMENTARY SHARE INCENTIVE TRUST
 
 
Upon the exercise of the share options referred to below, PSG Group elected to settle same
 
on a net-equity basis through the award of shares as detailed below:
 
 
1.
 
NAME OF DIRECTOR PJ Mouton
 
COMPANY OF WHICH A DIRECTOR PSG Group Limited
 
STATUS: EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
 
OPTION STRIKE PRICE R21.39 (1)
 
R39.47 (2)
 
R39.11 (3)
 
R42.91 (4)
 
NUMBER OF OPTIONS EXERCISED 20 999 (1)
 
21 051 (2)
 
28 255 (3)
 
56 925 (4)
 
EXERCISE DATE OF OPTIONS After close of business on 28 May (1) - (4)
 
2021
 
PERIOD OF EXERCISE Participants have a 180-day period (1) - (4)
 
from the vesting date of 28 February
 
2021 during which the options may be
 
exercised
 
NATURE OF TRANSACTION Exercise of options by the director at
 
the last traded share price of R79.74
 
on 28 May 2021, and related after-tax
 
net-equity settlement by way of the
 
award of 36 677 shares to the director
 
(Off-market transaction)
 
NATURE AND EXTENT OF Direct, Beneficial
 
INTEREST IN THE TRANSACTION
 
 
2.
 
NAME OF DIRECTOR WL Greeff
 
COMPANY OF WHICH A DIRECTOR PSG Group Limited
 
STATUS: EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
 
OPTION STRIKE PRICE R21.39 (1)
 
R39.11 (2)
 
R42.91 (3)
 
NUMBER OF OPTIONS EXERCISED 13 717 (1)
 
18 073 (2)
 
46 469 (3)
 
EXERCISE DATE OF OPTIONS After close of business on 28 May (1) - (3)
 
2021
 
PERIOD OF EXERCISE Participants have a 180-day period (1) - (3)
 
from the vesting date of 28 February
 
2021 during which the options may be
 
exercised
 
NAME OF ASSOCIATE Pinot Investments Proprietary Limited (1) - (3)
 
RELATIONSHIP WITH DIRECTOR Director is a director and shareholder (1) - (3)
 
of the associate, as well as a trustee
 
and beneficiary of another
 
shareholder of the associate
 
NATURE OF TRANSACTION Exercise of options by the director at
 
the last traded share price of R79.74
 
on 28 May 2021, and related after-tax
 
net-equity settlement by way of the
 
award of 22 390 shares to the
 
director, with such shares to be
 
transferred by the director to his
 
associate for an amount equal to the
 
R79.74 per share
 
(Off-market transaction)
 
NATURE AND EXTENT OF Indirect, Beneficial
 
INTEREST IN THE TRANSACTION
 
 
3.
 
NAME OF DIRECTOR JA Holtzhausen
 
COMPANY OF WHICH A DIRECTOR PSG Group Limited
 
STATUS: EXECUTIVE/NON- Executive
 
EXECUTIVE
 
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
 
OPTION STRIKE PRICE R21.39 (1)
 
R39.11 (2)
 
R42.91 (3)
 
NUMBER OF OPTIONS EXERCISED 13 220 (1)
 
18 222 (2)
 
46 452 (3)
 
EXERCISE DATE OF OPTIONS After close of business on 28 May (1) - (3)
 
2021
 
PERIOD OF EXERCISE Participants have a 180-day period (1) - (3)
 
from the vesting date of 28 February
 
2021 during which the options may be
 
exercised
 
NATURE OF TRANSACTION Exercise of options by the director at
 
the last traded share price of R79.74
 
on 28 May 2021, and related after-tax
 
net-equity settlement by way of the
 
award of 22 227 shares to the director
 
(Off-market transaction)
 
NATURE AND EXTENT OF Direct, Beneficial
 
INTEREST IN THE TRANSACTION
 
 
Clearance for the above was obtained in accordance with paragraph 3.66 of the JSE
 
Listings Requirements.
 
 
Stellenbosch
 
31 May 2021
 
 
Sponsor
 
PSG Capital
 
 
Independent joint sponsor
 
UBS South Africa
 
 
Date: 31-05-2021 05:30:00
 
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