PSG KONSULT LIMITED - Secondary listing of PSG Konsult on the Namibian Stock Exchange
14 July, 2014 - Posted at - 14:00:00
KST 201407140028A<BR>
Secondary listing of PSG Konsult on the Namibian Stock Exchange<BR>
<BR>
PSG Konsult Limited<BR>
(Incorporated in the Republic of South Africa)<BR>
Registration Number: 1993/003941/06<BR>
JSE Share Code: KST<BR>
NSX Share Code: KFS<BR>
ISIN Code: ZAE000191417<BR>
(“PSG Konsult” or “the Company”)<BR>
<BR>
SECONDARY LISTING OF PSG KONSULT ON THE NAMIBIAN STOCK EXCHANGE<BR>
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1. SECONDARY LISTING APPROVED<BR>
<BR>
Shareholders are advised that the Namibian Stock Exchange<BR>
(“NSX”) has approved the secondary listing of PSG Konsult on<BR>
the NSX with effect from Wednesday, 16 July 2014, under the<BR>
share code “KFS”.<BR>
<BR>
PSG Konsult's primary listing remains on the JSE main board.<BR>
<BR>
2. RATIONALE FOR SECONDARY NSX LISTING<BR>
<BR>
PSG Konsult intends to build an investment track record with<BR>
Namibian investors, to ensure maximum flexibility for the<BR>
execution of the Company's long-term strategic plans, including<BR>
the expansion of PSG Konsult's sub-Saharan Africa operations.<BR>
<BR>
By listing on the NSX, Namibian investors will be provided with<BR>
an opportunity to invest in PSG Konsult by utilising a portion<BR>
of the prescribed investment portfolio assets.<BR>
<BR>
3. PSG KONSULT'S NAMIBIAN OPERATIONS<BR>
<BR>
PSG Konsult's Namibian operations currently consist of PSG<BR>
Namibia, a holding company for the stockbroking and financial<BR>
planning businesses, PSG Wealth Management Namibia and PSG<BR>
Financial Planning Namibia, as well as Western National<BR>
Insurance (Namibia), which provides short-term insurance<BR>
services.<BR>
<BR>
Tyger Valley<BR>
14 July 2014<BR>
<BR>
JSE sponsor: PSG Capital (Pty) Ltd<BR>
NSX sponsor: PSG Wealth Management (Namibia) (Pty) Ltd, member of<BR>
the Namibian Stock Exchange<BR>
<BR>
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