PSG KONSULT LIMITED - Acceptance Of Options By Directors In Terms Of The PSG Konsult Group Share Incentive Trust
21 April, 2015 - Posted at - 17:00:00
KST 201504210048A<BR>
Acceptance Of Options By Directors In Terms Of The PSG Konsult Group Share Incentive Trust<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>
ACCEPTANCE OF OPTIONS BY DIRECTORS IN TERMS OF THE PSG KONSULT GROUP SHARE<BR>
INCENTIVE TRUST<BR>
<BR>
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings<BR>
Requirements, the following information is disclosed:<BR>
<BR>
ACCEPTANCE OF OPTIONS<BR>
<BR>
The following share option awards were accepted in terms of the PSG<BR>
Konsult Group Share Incentive Trust:<BR>
<BR>
1.<BR>
NAME OF DIRECTOR FJ Gouws<BR>
COMPANY OF WHICH I AM A PSG Konsult Limited<BR>
DIRECTOR<BR>
STATUS:EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire<BR>
ordinary shares<BR>
DATE OF AWARD 10 April 2015 (1)<BR>
DATE OF ACCEPTANCE 17 April 2015 (1)<BR>
OPTION STRIKE PRICE R7.27 (PSG Konsult's 30-day (1)<BR>
volume weighted average traded<BR>
price at 1 April 2015)<BR>
<BR>
NUMBER OF OPTIONS AWARDED 895 186 (1)<BR>
TOTAL RAND VALUE OF OPTIONS 6 508 002.22 (1)<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%<BR>
each on the 2nd, 3rd, 4th and 5th<BR>
anniversary of the award<BR>
NATURE OF TRANSACTION Award of options to acquire<BR>
ordinary shares in terms of a<BR>
share incentive scheme<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
2.<BR>
NAME OF DIRECTOR MIF Smith<BR>
COMPANY OF WHICH I AM A PSG Konsult Limited<BR>
DIRECTOR<BR>
STATUS:EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire<BR>
ordinary shares<BR>
DATE OF AWARD 10 April 2015 (1)<BR>
DATE OF ACCEPTANCE 17 April 2015 (1)<BR>
OPTION STRIKE PRICE R7.27 (PSG Konsult's 30-day (1)<BR>
volume weighted average traded<BR>
price at 1 April 2015)<BR>
<BR>
NUMBER OF OPTIONS AWARDED 709 560 (1)<BR>
TOTAL RAND VALUE OF OPTIONS 5 158 501.20 (1)<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%<BR>
each on the 2nd, 3rd, 4th and 5th<BR>
anniversary of the award<BR>
NATURE OF TRANSACTION Award of options to acquire<BR>
ordinary shares in terms of a<BR>
share incentive scheme<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
3.<BR>
NAME OF DIRECTOR NM Gudka<BR>
COMPANY OF WHICH I AM A PSG Wealth Financial Planning<BR>
DIRECTOR Proprietary Limited (a major<BR>
subsidiary of PSG Konsult)<BR>
STATUS:EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire<BR>
ordinary shares<BR>
DATE OF AWARD 10 April 2015 (1)<BR>
DATE OF ACCEPTANCE 17 April 2015 (1)<BR>
OPTION STRIKE PRICE R7.27 (PSG Konsult's 30-day (1)<BR>
volume weighted average traded<BR>
price at 1 April 2015)<BR>
<BR>
NUMBER OF OPTIONS AWARDED 585 695 (1)<BR>
TOTAL RAND VALUE OF OPTIONS 4 258 002.65 (1)<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%<BR>
each on the 2nd, 3rd, 4th and 5th<BR>
anniversary of the award<BR>
NATURE OF TRANSACTION Award of options to acquire<BR>
ordinary shares in terms of a<BR>
share incentive scheme<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
4.<BR>
NAME OF DIRECTOR DPB Hugo<BR>
COMPANY OF WHICH I AM A PSG Wealth Financial Planning<BR>
DIRECTOR Proprietary Limited (a major<BR>
subsidiary of PSG Konsult)<BR>
STATUS:EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire<BR>
ordinary shares<BR>
DATE OF AWARD 10 April 2015 (1)<BR>
DATE OF ACCEPTANCE 17 April 2015 (1)<BR>
OPTION STRIKE PRICE R7.27 (PSG Konsult's 30-day (1)<BR>
volume weighted average traded<BR>
price at 1 April 2015)<BR>
<BR>
NUMBER OF OPTIONS AWARDED 370 426 (1)<BR>
TOTAL RAND VALUE OF OPTIONS 2 692 997.02 (1)<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%<BR>
each on the 2nd, 3rd, 4th and 5th<BR>
anniversary of the award<BR>
NATURE OF TRANSACTION Award of options to acquire<BR>
ordinary shares in terms of a<BR>
share incentive scheme<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
<BR>
5.<BR>
NAME OF DIRECTOR CA de Bruyn<BR>
COMPANY OF WHICH I AM A PSG Wealth Holdings Proprietary<BR>
DIRECTOR Limited (a major subsidiary of<BR>
PSG Konsult)<BR>
STATUS:EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire<BR>
ordinary shares<BR>
DATE OF AWARD 10 April 2015 (1)<BR>
DATE OF ACCEPTANCE 17 April 2015 (1)<BR>
OPTION STRIKE PRICE R7.27 (PSG Konsult's 30-day (1)<BR>
volume weighted average traded<BR>
price at 1 April 2015)<BR>
<BR>
NUMBER OF OPTIONS AWARDED 321 733 (1)<BR>
TOTAL RAND VALUE OF OPTIONS 2 338 998.91 (1)<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%<BR>
each on the 2nd, 3rd, 4th and 5th<BR>
anniversary of the award<BR>
NATURE OF TRANSACTION Award of options to acquire<BR>
ordinary shares in terms of a<BR>
share incentive scheme<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
6.<BR>
NAME OF DIRECTOR AM Ahern<BR>
COMPANY OF WHICH I AM A PSG Asset Management Holdings<BR>
DIRECTOR Proprietary Limited (a major<BR>
subsidiary of PSG Konsult)<BR>
STATUS:EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire<BR>
ordinary shares<BR>
DATE OF AWARD 10 April 2015 (1)<BR>
DATE OF ACCEPTANCE 17 April 2015 (1)<BR>
OPTION STRIKE PRICE R7.27 (PSG Konsult's 30-day (1)<BR>
volume weighted average traded<BR>
price at 1 April 2015)<BR>
<BR>
NUMBER OF OPTIONS AWARDED 356 809 (1)<BR>
TOTAL RAND VALUE OF OPTIONS 2 594 001.43 (1)<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%<BR>
each on the 2nd, 3rd, 4th and 5th<BR>
anniversary of the award<BR>
NATURE OF TRANSACTION Award of options to acquire<BR>
ordinary shares in terms of a<BR>
share incentive scheme<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
7.<BR>
NAME OF DIRECTOR HP Visser<BR>
COMPANY OF WHICH I AM A PSG Insure Holdings Proprietary<BR>
DIRECTOR Limited (a major subsidiary of<BR>
PSG Konsult)<BR>
STATUS:EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire<BR>
ordinary shares<BR>
DATE OF AWARD 10 April 2015 (1)<BR>
DATE OF ACCEPTANCE 17 April 2015 (1)<BR>
OPTION STRIKE PRICE R7.27 (PSG Konsult's 30-day (1)<BR>
volume weighted average traded<BR>
price at 1 April 2015)<BR>
<BR>
NUMBER OF OPTIONS AWARDED 344 429 (1)<BR>
TOTAL RAND VALUE OF OPTIONS 2 503 998.83 (1)<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%<BR>
each on the 2nd, 3rd, 4th and 5th<BR>
anniversary of the award<BR>
NATURE OF TRANSACTION Award of options to acquire<BR>
ordinary shares in terms of a<BR>
share incentive scheme<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
8.<BR>
NAME OF DIRECTOR M Lansdell<BR>
COMPANY OF WHICH I AM A PSG Life Limited (a major<BR>
DIRECTOR subsidiary of PSG Konsult)<BR>
STATUS:EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire<BR>
ordinary shares<BR>
DATE OF AWARD 10 April 2015 (1)<BR>
DATE OF ACCEPTANCE 17 April 2015 (1)<BR>
OPTION STRIKE PRICE R7.27 (PSG Konsult's 30-day (1)<BR>
volume weighted average traded<BR>
price at 1 April 2015)<BR>
<BR>
NUMBER OF OPTIONS AWARDED 300 000 (1)<BR>
TOTAL RAND VALUE OF OPTIONS 2 181 000.00 (1)<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%<BR>
each on the 2nd, 3rd, 4th and 5th<BR>
anniversary of the award<BR>
NATURE OF TRANSACTION Award of options to acquire<BR>
ordinary shares in terms of a<BR>
share incentive scheme<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
9.<BR>
NAME OF DIRECTOR C Bekker<BR>
COMPANY OF WHICH I AM A PSG Life Limited (a major<BR>
DIRECTOR subsidiary of PSG Konsult)<BR>
STATUS:EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire<BR>
ordinary shares<BR>
DATE OF AWARD 10 April 2015 (1)<BR>
DATE OF ACCEPTANCE 17 April 2015 (1)<BR>
OPTION STRIKE PRICE R7.27 (PSG Konsult's 30-day (1)<BR>
volume weighted average traded<BR>
price at 1 April 2015)<BR>
<BR>
NUMBER OF OPTIONS AWARDED 50 000 (1)<BR>
TOTAL RAND VALUE OF OPTIONS 363 500.00 (1)<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%<BR>
each on the 2nd, 3rd, 4th and 5th<BR>
anniversary of the award<BR>
NATURE OF TRANSACTION Award of options to acquire<BR>
ordinary shares in terms of a<BR>
share incentive scheme<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
Clearance to accept these share option awards was obtained in accordance<BR>
with rule 3.66 of the JSE Limited Listings Requirements.<BR>
<BR>
Tyger Valley<BR>
21 April 2015<BR>
<BR>
JSE sponsor: PSG Capital Proprietary Limited<BR>
NSX sponsor: PSG Wealth Management (Namibia) Proprietary Limited – member<BR>
of the Namibian Stock Exchange<BR>
<BR>
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