PSG KONSULT LIMITED - Exercise of options in terms of the PSG Konsult Group Share Incentive Trust and dealings in PSG Konsult shares
29 April, 2015 - Posted at - 16:20:00
KST 201504290044A<BR>
Exercise of options in terms of the PSG Konsult Group Share Incentive Trust and dealings in PSG Konsult shares<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>
EXERCISE OF OPTIONS IN TERMS OF THE PSG KONSULT GROUP SHARE INCENTIVE<BR>
TRUST AND DEALINGS IN PSG KONSULT SHARES BY DIRECTORS AND/OR THEIR<BR>
ASSOCIATES<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>
EXERCISE OF OPTIONS<BR>
<BR>
The following share options were exercised in terms of the PSG Konsult<BR>
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 OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
OPTION STRIKE PRICE R2.83<BR>
<BR>
NUMBER OF OPTIONS EXERCISED 3 125 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R8 843 750.00<BR>
<BR>
STRIKE DATE OF OPTIONS 1 July 2013<BR>
PERIOD OF EXERCISE 10 April to 14 August 2015<BR>
<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult through the exercise of<BR>
options (Off-market<BR>
transaction)<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 OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
OPTION STRIKE PRICE R1.54 (1)<BR>
R2.83 (2)<BR>
NUMBER OF OPTIONS EXERCISED 158 279 (1)<BR>
250 000 (2)<BR>
TOTAL RAND VALUE OF OPTIONS R243 749.66 (1)<BR>
R707 500.00 (2)<BR>
STRIKE DATE OF OPTIONS 1 March 2011 (1)<BR>
1 March 2013 (2)<BR>
PERIOD OF EXERCISE 10 April to 14 August 2015 (1)-(2)<BR>
<BR>
NAME OF ASSOCIATE Micali Family Trust<BR>
<BR>
RELATIONSHIP WITH DIRECTOR Director is a trustee and<BR>
beneficiary of the associate<BR>
<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult through the exercise of<BR>
options (Off-market<BR>
transaction)<BR>
NATURE AND EXTENT OF Indirect, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
3.<BR>
NAME OF DIRECTOR W Theron<BR>
COMPANY OF WHICH I AM A PSG Konsult Limited<BR>
DIRECTOR<BR>
STATUS: EXECUTIVE/NON- Non-Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
OPTION STRIKE PRICE R1.54 (1)<BR>
R2.83 (2)<BR>
NUMBER OF OPTIONS EXERCISED 1 450 308 (1)<BR>
750 000 (2)<BR>
TOTAL RAND VALUE OF OPTIONS R2 233 474.32 (1)<BR>
R2 122 500.00 (2)<BR>
STRIKE DATE OF OPTIONS 1 March 2011 (1)<BR>
1 March 2013 (2)<BR>
PERIOD OF EXERCISE 10 April to 14 August 2015 (1)-(2)<BR>
<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult through the exercise of<BR>
options (Off-market<BR>
transaction)<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>
MAJOR SUBSIDIARY OF WHICH I PSG Wealth Financial Planning<BR>
AM A DIRECTOR Proprietary Limited(a major<BR>
subsidiary of PSG Konsult)<BR>
<BR>
STATUS: EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
OPTION STRIKE PRICE R1.54 (1)<BR>
R2.83 (2)<BR>
NUMBER OF OPTIONS EXERCISED 389 611 (1)<BR>
1 250 000 (2)<BR>
TOTAL RAND VALUE OF OPTIONS R600 000.94 (1)<BR>
R3 537 500.00 (2)<BR>
STRIKE DATE OF OPTIONS 1 March 2011 (1)<BR>
1 March 2013 (2)<BR>
<BR>
PERIOD OF EXERCISE 10 April to 14 August 2015 (1)-(2)<BR>
<BR>
NAME OF ASSOCIATE Dan Hugo Family Trust<BR>
<BR>
RELATIONSHIP WITH DIRECTOR Director is a trustee and<BR>
beneficiary of the associate<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult through the exercise of<BR>
options (Off-market<BR>
transaction)<BR>
NATURE AND EXTENT OF Indirect, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
5.<BR>
NAME OF DIRECTOR TW Biesenbach<BR>
MAJOR SUBSIDIARY OF WHICH I PSG Wealth Financial Planning<BR>
AM A DIRECTOR Proprietary Limited(a major<BR>
subsidiary of PSG Konsult)<BR>
STATUS: EXECUTIVE/NON- Non-Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 24 April 2015<BR>
OPTION STRIKE PRICE R1.54 (1)<BR>
R2.83 (2)<BR>
NUMBER OF OPTIONS EXERCISED 767 046 (1)<BR>
750 000 (2)<BR>
TOTAL RAND VALUE OF OPTIONS R1 181 250.84 (1)<BR>
R2 122 500.00 (2)<BR>
STRIKE DATE OF OPTIONS 1 March 2011 (1)<BR>
1 March 2013 (2)<BR>
<BR>
PERIOD OF EXERCISE 10 April to 14 August 2015 (1)-(2)<BR>
<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult through the exercise of<BR>
options (Off-market<BR>
transaction)<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
6.<BR>
NAME OF DIRECTOR CA de Bruyn<BR>
MAJOR SUBSIDIARY OF WHICH I PSG Wealth Holdings Proprietary<BR>
AM A DIRECTOR Limited (a major subsidiary of<BR>
PSG Konsult)<BR>
STATUS: EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
OPTION STRIKE PRICE R1.54 (1)<BR>
R2.83 (2)<BR>
NUMBER OF OPTIONS EXERCISED 389 611 (1)<BR>
750 000 (2)<BR>
TOTAL RAND VALUE OF OPTIONS R 600 000.94 (1)<BR>
R2 122 500.00 (2)<BR>
STRIKE DATE OF OPTIONS 1 March 2011 (1)<BR>
1 March 2013 (2)<BR>
<BR>
PERIOD OF EXERCISE 10 April to 14 August 2015 (1)-(2)<BR>
<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult through the exercise of<BR>
options (Off-market<BR>
transaction)<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
7.<BR>
NAME OF DIRECTOR AM Ahern<BR>
MAJOR SUBSIDIARY OF WHICH I PSG Asset Management Holdings<BR>
AM A DIRECTOR Proprietary Limited (a major<BR>
subsidiary of PSG Konsult)<BR>
STATUS: EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
OPTION STRIKE PRICE R2.83<BR>
NUMBER OF OPTIONS EXERCISED 750 000<BR>
TOTAL RAND VALUE OF OPTIONS R2 122 500<BR>
STRIKE DATE OF OPTIONS 1 March 2013<BR>
PERIOD OF EXERCISE 10 April to 14 August 2015<BR>
<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult through the exercise<BR>
of options (Off-market<BR>
transaction)<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
8.<BR>
NAME OF DIRECTOR HP Visser<BR>
MAJOR SUBSIDIARY OF WHICH I PSG Insure Holdings Proprietary<BR>
AM A DIRECTOR Limited (a major subsidiary of<BR>
PSG Konsult)<BR>
STATUS: EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
OPTION STRIKE PRICE R2.83<BR>
NUMBER OF OPTIONS EXERCISED 750 000<BR>
TOTAL RAND VALUE OF OPTIONS R2 122 500.00<BR>
STRIKE DATE OF OPTIONS 1 March 2013<BR>
PERIOD OF EXERCISE 10 April to 14 August 2015<BR>
<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult through the exercise of<BR>
options (Off-market<BR>
transaction)<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
9.<BR>
NAME OF DIRECTOR NM Gudka<BR>
MAJOR SUBSIDIARY OF WHICH I PSG Wealth Financial Planning<BR>
AM A DIRECTOR Proprietary Limited(a major<BR>
subsidiary of PSG Konsult)<BR>
STATUS: EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
OPTION STRIKE PRICE R2.83<BR>
NUMBER OF OPTIONS EXERCISED 625 000<BR>
TOTAL RAND VALUE OF OPTIONS R1 768 750.00<BR>
STRIKE DATE OF OPTIONS 1 March 2013<BR>
PERIOD OF EXERCISE 10 April to 14 August 2015<BR>
<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult through the exercise of<BR>
options (Off-market<BR>
transaction)<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
10.<BR>
NAME OF DIRECTOR M Lansdell<BR>
MAJOR SUBSIDIARY OF WHICH I PSG Life Limited (a major<BR>
AM A DIRECTOR subsidiary of PSG Konsult)<BR>
<BR>
STATUS: EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
OPTION STRIKE PRICE Rnil<BR>
NUMBER OF OPTIONS EXERCISED 80 000<BR>
TOTAL RAND VALUE OF OPTIONS Rnil<BR>
STRIKE DATE OF OPTIONS 1 March 2013<BR>
PERIOD OF EXERCISE 10 April to 14 August 2015<BR>
<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult through the exercise of<BR>
options (Off-market<BR>
transaction)<BR>
NATURE AND EXTENT OF Direct, Beneficial<BR>
INTEREST IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
<BR>
Clearance to deal in these shares was obtained in accordance with rule<BR>
3.66 of the JSE Limited Listings Requirements.<BR>
<BR>
<BR>
The following shares were acquired by directors who elected to invest<BR>
a portion of their bonus in PSG Konsult shares:<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 OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
<BR>
NUMBER OF SHARES ACQUIRED 263 342<BR>
TOTAL RAND VALUE OF SHARES R1 975 065.00<BR>
ACQUIRED<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult (On-market transaction)<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 OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
<BR>
NUMBER OF SHARES ACQUIRED 105 935<BR>
<BR>
TOTAL RAND VALUE OF SHARES R794 512.50<BR>
ACQUIRED<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult (On-market<BR>
transaction)<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
3.<BR>
NAME OF DIRECTOR DPB Hugo<BR>
MAJOR SUBSIDIARY OF WHICH I PSG Wealth Financial Planning<BR>
AM A DIRECTOR Proprietary Limited(a major<BR>
subsidiary of PSG Konsult)<BR>
STATUS: EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SHARES ACQUIRED 164 788<BR>
<BR>
TOTAL RAND VALUE OF SHARES R1 235 910.00<BR>
ACQUIRED<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult (On-market transaction)<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
4.<BR>
NAME OF DIRECTOR CA de Bruyn<BR>
MAJOR SUBSIDIARY OF WHICH I PSG Wealth Holdings Proprietary<BR>
AM A DIRECTOR Limited (a major subsidiary of<BR>
PSG Konsult)<BR>
STATUS: EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SHARES ACQUIRED 117 706<BR>
<BR>
TOTAL RAND VALUE OF SHARES R882 795.00<BR>
ACQUIRED<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult (On-market transaction)<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
5.<BR>
NAME OF DIRECTOR AM Ahern<BR>
MAJOR SUBSIDIARY OF WHICH I PSG Asset Management Holdings<BR>
AM A DIRECTOR Proprietary Limited (a major<BR>
subsidiary of PSG Konsult)<BR>
STATUS: EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SHARES ACQUIRED 151 621<BR>
TOTAL RAND VALUE OF SHARES R1 137 157.50<BR>
ACQUIRED<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult (On-market<BR>
transaction)<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
6.<BR>
NAME OF DIRECTOR HP Visser<BR>
MAJOR SUBSIDIARY OF WHICH I PSG Insure Holdings Proprietary<BR>
AM A DIRECTOR Limited (a major subsidiary of<BR>
PSG Konsult)<BR>
STATUS: EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SHARES ACQUIRED 139 651<BR>
TOTAL RAND VALUE OF SHARES R1 047 382.50<BR>
ACQUIRED<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult (On-market transaction)<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
7.<BR>
NAME OF DIRECTOR NM Gudka<BR>
MAJOR SUBSIDIARY OF WHICH I PSG Wealth Financial Planning<BR>
AM A DIRECTOR Proprietary Limited(a major<BR>
subsidiary of PSG Konsult)<BR>
STATUS: EXECUTIVE/NON- Executive<BR>
EXECUTIVE<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SHARES ACQUIRED 179 551<BR>
TOTAL RAND VALUE OF SHARES R1 346 632.50<BR>
ACQUIRED<BR>
NATURE OF TRANSACTION Acquisition of shares in PSG<BR>
Konsult (On-market transaction)<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
Clearance to deal in these shares was obtained in accordance with rule<BR>
3.66 of the JSE Limited Listings Requirements.<BR>
<BR>
<BR>
DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR<BR>
<BR>
1.<BR>
NAME OF DIRECTOR J de V du Toit<BR>
COMPANY OF WHICH I AM A PSG Konsult Limited<BR>
DIRECTOR<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Non-executive<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SECURITIES TRANSACTED 3 200 000<BR>
TOTAL RAND VALUE OF SECURITIES R24 000 000<BR>
NAME OF ASSOCIATE Letoit Trust<BR>
RELATIONSHIP WITH DIRECTOR Director is a trustee and<BR>
beneficiary of the associate<BR>
NATURE OF TRANSACTION Disposal (On-market transaction)<BR>
NATURE AND EXTENT OF INTEREST Indirect, Beneficial<BR>
IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
Clearance to deal in these shares was obtained in accordance with rule<BR>
3.66 of the JSE Limited Listings Requirements.<BR>
<BR>
DEALING IN SECURITIES BY A DIRECTOR<BR>
<BR>
The disposals of PSG Konsult shares listed below were made, inter<BR>
alia, to settle share incentive scheme and other debt obligations of<BR>
the directors in question.<BR>
<BR>
1.<BR>
NAME OF DIRECTOR W Theron<BR>
COMPANY OF WHICH I AM A PSG Konsult Limited<BR>
DIRECTOR<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Non-executive<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SECURITIES TRANSACTED 1 600 000<BR>
TOTAL RAND VALUE OF SECURITIES R12 000 000<BR>
NATURE OF TRANSACTION Disposal (On-market transaction)<BR>
NATURE AND EXTENT OF INTEREST Direct, Beneficial<BR>
IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
2.<BR>
NAME OF DIRECTOR FJ Gouws<BR>
COMPANY OF WHICH I AM A PSG Konsult Limited<BR>
DIRECTOR<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SECURITIES TRANSACTED 3 125 000<BR>
TOTAL RAND VALUE OF SECURITIES R23 437 500<BR>
NATURE OF TRANSACTION Disposal (On-market transaction)<BR>
NATURE AND EXTENT OF INTEREST Direct, Beneficial<BR>
IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
3.<BR>
NAME OF DIRECTOR MIF Smith<BR>
COMPANY OF WHICH I AM A PSG Konsult Limited<BR>
DIRECTOR<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SECURITIES TRANSACTED 200 000<BR>
<BR>
TOTAL RAND VALUE OF SECURITIES R1 500 000<BR>
<BR>
NATURE OF TRANSACTION Disposal (On-market transaction)<BR>
NATURE AND EXTENT OF INTEREST Direct, Beneficial<BR>
IN THE TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
<BR>
Clearance to deal in these shares was obtained in accordance with rule<BR>
3.66 of the JSE Limited Listings Requirements.<BR>
<BR>
<BR>
DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY<BR>
<BR>
The disposals of PSG Konsult shares listed below were made, inter<BR>
alia, to settle share incentive scheme and other debt obligations of<BR>
the directors in question.<BR>
<BR>
1.<BR>
NAME OF DIRECTOR DPB Hugo<BR>
MAJOR SUBSIDIARY 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 Executive<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SECURITIES TRANSACTED 360 000<BR>
<BR>
TOTAL RAND VALUE OF SECURITIES R2 700 000<BR>
<BR>
NATURE OF TRANSACTION Disposal (On-market transaction)<BR>
NATURE AND EXTENT OF INTEREST IN THE Direct, Beneficial<BR>
TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
2.<BR>
NAME OF DIRECTOR AM Ahern<BR>
MAJOR SUBSIDIARY 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 Executive<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50 (1) & (2)<BR>
<BR>
NUMBER OF SECURITIES TRANSACTED 350 000 (1)<BR>
758 119 (2)<BR>
<BR>
TOTAL RAND VALUE OF SECURITIES R2 625 000.00 (1)<BR>
R5 685 892.50 (2)<BR>
<BR>
NATURE OF TRANSACTION Disposal (On-market transaction)<BR>
(1)<BR>
Disposal (Off-market transaction)<BR>
(2)<BR>
NATURE AND EXTENT OF INTEREST IN THE Direct, Beneficial<BR>
TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
3.<BR>
NAME OF DIRECTOR NM Gudka<BR>
MAJOR SUBSIDIARY 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 Executive<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SECURITIES TRANSACTED 300 000<BR>
<BR>
TOTAL RAND VALUE OF SECURITIES R2 250 000<BR>
<BR>
NATURE OF TRANSACTION Disposal (On-market transaction)<BR>
NATURE AND EXTENT OF INTEREST IN THE Direct, Beneficial<BR>
TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
4.<BR>
NAME OF DIRECTOR HP Visser<BR>
MAJOR SUBSIDIARY OF WHICH I AM A PSG Insure Holdings Proprietary<BR>
DIRECTOR Limited (a major subsidiary of PSG<BR>
Konsult)<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SECURITIES TRANSACTED 750 000<BR>
<BR>
TOTAL RAND VALUE OF SECURITIES R5 625 000<BR>
<BR>
NATURE OF TRANSACTION Disposal (On-market transaction)<BR>
NATURE AND EXTENT OF INTEREST IN THE Direct, Beneficial<BR>
TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
5.<BR>
NAME OF DIRECTOR M Lansdell<BR>
MAJOR SUBSIDIARY OF WHICH I AM A PSG Life Limited (a major<BR>
DIRECTOR subsidiary of PSG Konsult)<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SECURITIES TRANSACTED 33 000<BR>
<BR>
TOTAL RAND VALUE OF SECURITIES R247 500<BR>
<BR>
NATURE OF TRANSACTION Disposal (On-market transaction)<BR>
NATURE AND EXTENT OF INTEREST IN THE Direct, Beneficial<BR>
TRANSACTION<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
Clearance to deal in these shares was obtained in accordance with rule<BR>
3.66 of the JSE Limited Listings Requirements.<BR>
<BR>
<BR>
DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF A MAJOR<BR>
SUBSIDIARY<BR>
<BR>
1.<BR>
NAME OF DIRECTOR HP Visser<BR>
MAJOR SUBSIDIARY OF WHICH I AM A PSG Insure Holdings Proprietary<BR>
DIRECTOR Limited (a major subsidiary of PSG<BR>
Konsult)<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
TYPE OF SECURITIES Shares<BR>
CLASS OF SECURITIES Ordinary<BR>
DATE OF TRANSACTION 29 April 2015<BR>
SHARE PRICE R7.50<BR>
NUMBER OF SECURITIES TRANSACTED 2 750 000<BR>
<BR>
TOTAL RAND VALUE OF SECURITIES R20 625 000<BR>
<BR>
NAME OF ASSOCIATE Nikadine Trust<BR>
RELATIONSHIP WITH DIRECTOR Director is a trustee and<BR>
beneficiary of the associate<BR>
NATURE OF TRANSACTION Disposal (On-market transaction)<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
Clearance to deal in these shares was obtained in accordance with rule<BR>
3.66 of the JSE Limited Listings Requirements.<BR>
<BR>
Tyger Valley<BR>
29 April 2015<BR>
<BR>
JSE Sponsor: PSG Capital Proprietary Limited<BR>
NSX Sponsor: PSG Wealth Management (Namibia) Proprietary Ltd, member<BR>
of the Namibian Stock Exchange<BR>
<BR>
Date: 29/04/2015 04:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). <BR>
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of<BR>
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, <BR>
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,<BR>
information disseminated through SENS.<BR>