Results Of The General Meeting
 
 
PSG GROUP LIMITED
 
(Incorporated in the Republic of South Africa)
 
Registration number: 1970/008484/06
 
JSE Limited share code: PSG
 
ISIN code: ZAE000013017
 
LEI code: 378900CD0BEE79F35A34
 
(“PSG Group”)
 
 
PSG FINANCIAL SERVICES LIMITED
 
(Incorporated in the Republic of South Africa)
 
Registration number: 1919/000478/06
 
JSE Limited share code: PGFP
 
ISIN code: ZAE000096079
 
LEI code: 378900E99AFDC02B0F23
 
(“the Company”)
 
 
RESULTS OF THE GENERAL MEETING
 
 
Shareholders are hereby advised that at the general meeting of the Company held at 14:00
 
today, Thursday, 8 July 2021 (“GM”) by way of electronic participation only, all of the
 
resolutions to approve and give effect to the repurchase of the Company’s non-redeemable,
 
cumulative, non-participating, variable rate preference shares contemplated in the Company’s
 
circular dated Wednesday, 9 June 2021 (“Circular”), were passed by the requisite majority of
 
the Company’s shareholders. However, this transaction remains subject to the fulfilment of
 
the conditions precedent as contained in the Circular.
 
 
Unless expressly defined in this announcement, capitalised terms herein have the meaning
 
given to them in the Circular.
 
 
Details of the results of the voting at the GM are as follows:
 
 
Votes
 
Votes for against Number of Number of
 
resolution resolution shares shares
 
as a as a voted at GM abstained
 
percentage percentage as a as a
 
of total of total percentage percentage
 
Resolutions number of number of Number of of relevant of relevant
 
proposed at the shares shares shares shares in shares in
 
GM voted at GM voted at GM voted at GM issue1 issue1
 
Special Resolution
 
Number 1:
 
Approval of the
 
Scheme by PSL
 
Preference
 
Shareholders2 97.20% 2.80% 7,762,387 44.57% 0.06%
 
Special Resolution
 
Number 2:
 
Approval of the
 
Scheme in terms of
 
sections 114 and
 
115 of the
 
Companies Act by
 
PSL Shareholders3 99.96% 0.04% 607,018,042 98.43% 0.00%
 
Special Resolution
 
Number 3:
 
Revocation of
 
Special Resolution
 
Number 23 99.96% 0.04% 607,017,971 98.43% 0.00%
 
Special Resolution
 
Number 4:
 
Approval for the
 
payment of fees to
 
the members of the
 
Independent
 
Board4 100.00% 0.00% 599,256,535 100.00% 0.00%
 
Ordinary
 
Resolution
 
Number 1:
 
Implementation4 100.00% 0.00% 599,256,535 100.00% 0.00%
 
 
Notes:
 
1 At the date of the GM, the total number of ordinary shares in issue was 599,256,535, all
 
held by PSG Group as PSL Ordinary Shareholder, and the total number of preference
 
shares in issue was 17,415,770. The Company holds no shares in treasury.
 
2 Only PSL Preference Shareholders were entitled to vote on Special Resolution Number 1.
 
3 Both the PSL Ordinary Shareholder and the PSL Preference Shareholders were entitled to
 
vote on Special Resolution Number 2 and Special Resolution Number 3.
 
4 Only the PSL Ordinary Shareholder was entitled to vote on Special Resolution Number 4
 
and Ordinary Resolution Number 1.
 
 
Stellenbosch
 
8 July 2021
 
 
Sponsor and Transaction Independent Joint Legal Advisor
 
Advisor Sponsor
 
 
PSG Capital UBS South Africa Cliffe Dekker Hofmeyr
 
 
Date: 08-07-2021 05:50:00
 
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