PSG KONSULT LIMITED - Secondary Listing On The Stock Exchange Of Mauritius Ltd

KST 201811130039A<BR>
Secondary Listing On The Stock Exchange Of Mauritius Ltd<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>
SEM Share Code: PSGK.N0000<BR>
ISIN: ZAE000191417<BR>
("PSG Konsult" or the "Company")<BR>
<BR>
 SECONDARY LISTING ON THE STOCK EXCHANGE OF MAURITIUS LTD<BR>
<BR>
 1.     PSG Konsult has made an application to the Stock Exchange of Mauritius Ltd ("SEM") regarding<BR>
        a secondary listing on the Official Market of the SEM, with a view to increasing the Company's<BR>
        international presence. PSG Konsult is pleased to announce that the Listing Executive<BR>
        Committee of the SEM has today, 13 November 2018, granted permission for the secondary<BR>
        listing of PSG Konsult's entire issued share capital, currently comprising 1 364 885 118 ordinary<BR>
        shares, on the Official Market of the SEM by way of introduction, under SEM share code<BR>
        PSGK.N0000 (the JSE and NSX share codes will remain unchanged) ("SEM Secondary<BR>
        Listing").<BR>
<BR>
 2.     The listing of PSG Konsult shares on the Official Market of the SEM will occur on Tuesday, 27<BR>
        November 2018. The SEM is regarded as one of the foremost Exchanges in Africa and is a fully-<BR>
        fledged member of the World Federation of Exchanges.<BR>
<BR>
 3.     PSG Konsult, which is one of the largest independent intermediary financial services providers in<BR>
        South Africa and a leading independent financial services group, will retain its primary listing on<BR>
        the Main Board of the JSE Limited, as well as its existing secondary listing on the Namibian<BR>
        Stock Exchange. The Company has an extensive South African footprint, as well as a Namibian<BR>
        presence. It offers a unique value-orientated approach to its clients' financial requirements and<BR>
        delivers a broad range of financial services and a full suite of financial products to individuals and<BR>
        enterprises, from asset and wealth management to insurance.<BR>
<BR>
 4.     It is envisaged that the SEM Secondary Listing will:<BR>
<BR>
 4.1.      enable PSG Konsult to raise its profile and brand in Mauritius;<BR>
<BR>
 4.2.      reflect PSG Konsult's position as a leading independent financial services group;<BR>
 4.3.      allow PSG Konsult access to capital markets in Mauritius in order to raise equity capital in<BR>
           future, if required;<BR>
 <BR>
 4.4.      ultimately serve to broaden PSG Konsult's shareholder base by accessing a new pool of<BR>
           investors, thereby improving the liquidity of its shares over time; and<BR>
<BR>
 4.5.      give the general public and potential investors in Mauritius an opportunity to acquire an equity<BR>
           stake in PSG Konsult and thereby share in its potential future success.<BR>
<BR>
5.     PSG Konsult will not be undertaking a capital raise in conjunction with the SEM Secondary<BR>
       Listing. However, as indicated above, it is anticipated that the SEM Secondary Listing will allow<BR>
       PSG Konsult access to capital markets in Mauritius in order to raise equity capital in the future,<BR>
       should it wish to do so.<BR>
<BR>
6.     As indicated above, the listing of PSG Konsult shares on the Official Market of the SEM will<BR>
       commence on Tuesday, 27 November 2018. The reference price of PSG Konsult shares on the<BR>
       SEM Official Market on the listing date of 27 November 2018 will be the United States Dollar<BR>
       ("USD") equivalent of the last-traded Rand price on the JSE. The shares of the Company on the<BR>
       Official Market of the SEM will denominated in USD. Existing shareholders of the Company<BR>
       wishing to move PSG Konsult shares to the Company's Mauritian share register should contact<BR>
       their financial and legal advisers and / or the Company's South African transfer secretaries to<BR>
       assist them with this process.<BR>
<BR>
7.     PSG Konsult has today, 13 November 2018, in compliance with Rule 15.21(A) of the SEM Listing<BR>
       Rules, issued an annex ("Annex") to its pre-listing statement dated 9 June 2014, as published at<BR>
       the time of the Company's listing on the JSE Main Board ("Initial Pre-listing Statement"). The<BR>
       Annex relates to the listing of the Company's issued share capital on the Official Market of the<BR>
       SEM and provides information to the public and investors on the Company. The Annex does not<BR>
       constitute an invitation to the public to subscribe for shares in PSG Konsult.<BR>
<BR>
8.     Copies of the Annex and the Initial Pre-listing Statement will be available on PSG Konsult's<BR>
       website (https://www.psg.co.za/investor-relations/investors) and on the SEM's website<BR>
       (www.stockexchangeofmauritius.com). In addition, copies of these documents will also be<BR>
       available for inspection during normal office hours, for a period of 14 days from today's date, at<BR>
       the Company's registered office at 4th Floor, The Edge, 3 Howick Close, Tyger Waterfront, Tyger<BR>
       Valley, South Africa and at the offices of the Company's SEM authorised representative and<BR>
       SEM sponsor, Perigeum Capital Ltd, at Level 4, Alexander House, 35 Cybercity, Ebene 72201,<BR>
       Mauritius.<BR>
<BR>
Tyger Valley<BR>
13 November 2018<BR>
<BR>
Transaction advisor and JSE sponsor: PSG Capital        <BR>
SEM authorised representative and SEM sponsor: Perigeum Capital<BR>
                                                          <BR>
NSX sponsor: PSG Wealth Management (Namibia) Proprietary Limited, member of the Namibian<BR>
Stock Exchange<BR>
<BR>
This notice is issued pursuant to SEM Listing Rule 10.4. The board of directors of PSG Konsult<BR>
accepts full responsibility for the accuracy of the information contained in this Communiqué.<BR>
<BR>
Date: 13/11/2018 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). <BR>
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