PSG KONSULT LIMITED - Acceptance Of Options In Terms Of The PSG Konsult Group Share Incentive Trust
24 April, 2019 - Posted at - 13:00:00
KST 201904240028A<BR>
Acceptance Of Options 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>
SEM Share Code: PSGK.N0000<BR>
ISIN: ZAE000191417<BR>
("PSG Konsult" or the "Company")<BR>
<BR>
ACCEPTANCE OF OPTIONS IN TERMS OF THE PSG KONSULT GROUP SHARE INCENTIVE TRUST<BR>
<BR>
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the<BR>
following information regarding the acceptance of options is disclosed:<BR>
<BR>
1.<BR>
NAME OF DIRECTOR FJ Gouws<BR>
<BR>
COMPANY OF WHICH A DIRECTOR PSG Konsult Limited<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares<BR>
<BR>
DATE OF AWARD OF OPTIONS 1 April 2019<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019<BR>
<BR>
OPTION STRIKE PRICE R10.15 (PSG Konsult's 30-day volume<BR>
weighted average traded price at 1 April<BR>
2019)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 4 000 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R40 600 000.00<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the<BR>
2nd, 3rd, 4th and 5th anniversary of the<BR>
award<BR>
<BR>
NATURE OF TRANSACTION Acceptance of award of options to acquire<BR>
ordinary shares in terms of the share<BR>
incentive scheme<BR>
<BR>
NATURE AND EXTENT OF INTEREST IN Direct, beneficial<BR>
THE TRANSACTION<BR>
<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
2.<BR>
NAME OF DIRECTOR MIF Smith<BR>
<BR>
COMPANY OF WHICH A DIRECTOR PSG Konsult Limited<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares<BR>
<BR>
DATE OF AWARD OF OPTIONS 1 April 2019<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019<BR>
<BR>
OPTION STRIKE PRICE R10.15 (PSG Konsult's 30-day volume<BR>
weighted average traded price at 1 April<BR>
2019)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 1 000 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R10 150 000.00<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the<BR>
2nd, 3rd, 4th and 5th anniversary of the<BR>
award<BR>
<BR>
NATURE OF TRANSACTION Acceptance of award of options to acquire<BR>
ordinary shares in terms of the share<BR>
incentive scheme<BR>
<BR>
NATURE AND EXTENT OF INTEREST IN Direct, beneficial<BR>
THE TRANSACTION<BR>
<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
3.<BR>
NAME OF DIRECTOR NM Gudka<BR>
<BR>
COMPANY OF WHICH A DIRECTOR PSG Wealth Financial Planning<BR>
Proprietary Limited (a major subsidiary of<BR>
PSG Konsult)<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares<BR>
<BR>
DATE OF AWARD OF OPTIONS 1 April 2019<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019<BR>
<BR>
OPTION STRIKE PRICE R10.15 (PSG Konsult's 30-day volume<BR>
weighted average traded price at 1 April<BR>
2019)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 1 000 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R10 150 000.00<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the<BR>
2nd, 3rd, 4th and 5th anniversary of the<BR>
award<BR>
<BR>
NATURE OF TRANSACTION Acceptance of award of options to acquire<BR>
ordinary shares in terms of the share<BR>
incentive scheme<BR>
<BR>
NATURE AND EXTENT OF INTEREST IN Direct, beneficial<BR>
THE TRANSACTION<BR>
<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
4.<BR>
NAME OF DIRECTOR DPB Hugo<BR>
<BR>
COMPANY OF WHICH A DIRECTOR PSG Wealth Financial Planning<BR>
Proprietary Limited (a major subsidiary of<BR>
PSG Konsult)<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares<BR>
<BR>
DATE OF AWARD OF OPTIONS 1 April 2019<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019<BR>
<BR>
OPTION STRIKE PRICE R10.15 (PSG Konsult's 30-day volume<BR>
weighted average traded price at 1 April<BR>
2019)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 1 250 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R12 687 500.00<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the<BR>
2nd, 3rd, 4th and 5th anniversary of the<BR>
award<BR>
<BR>
NATURE OF TRANSACTION Acceptance of award of options to acquire<BR>
ordinary shares in terms of the share<BR>
incentive scheme<BR>
<BR>
NATURE AND EXTENT OF INTEREST IN Direct, beneficial<BR>
THE TRANSACTION<BR>
<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
5.<BR>
NAME OF DIRECTOR AM Ahern<BR>
<BR>
COMPANY OF WHICH A DIRECTOR PSG Asset Management Holdings<BR>
Proprietary Limited (a major subsidiary of<BR>
PSG Konsult)<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares<BR>
<BR>
DATE OF AWARD OF OPTIONS 1 April 2019<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019<BR>
<BR>
OPTION STRIKE PRICE R10.15 (PSG Konsult's 30-day volume<BR>
weighted average traded price at 1 April<BR>
2019)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 1 000 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R10 150 000.00<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the<BR>
2nd, 3rd, 4th and 5th anniversary of the<BR>
award<BR>
<BR>
NATURE OF TRANSACTION Acceptance of award of options to acquire<BR>
ordinary shares in terms of the share<BR>
incentive scheme<BR>
<BR>
NATURE AND EXTENT OF INTEREST IN Direct, beneficial<BR>
THE TRANSACTION<BR>
<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
<BR>
6.<BR>
NAME OF DIRECTOR HP Visser<BR>
<BR>
COMPANY OF WHICH A DIRECTOR PSG Insure Holdings Proprietary Limited<BR>
(a major subsidiary of PSG Konsult)<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares<BR>
<BR>
DATE OF AWARD OF OPTIONS 1 April 2019<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019<BR>
<BR>
OPTION STRIKE PRICE R10.15 (PSG Konsult's 30-day volume<BR>
weighted average traded price at 1 April<BR>
2019)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 1 000 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R10 150 000.00<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the<BR>
2nd, 3rd, 4th and 5th anniversary of the<BR>
award<BR>
<BR>
NATURE OF TRANSACTION Acceptance of award of options to acquire<BR>
ordinary shares in terms of the share<BR>
incentive scheme<BR>
<BR>
NATURE AND EXTENT OF INTEREST IN Direct, beneficial<BR>
THE TRANSACTION<BR>
<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
7.<BR>
NAME OF DIRECTOR M Lansdell<BR>
<BR>
COMPANY OF WHICH A DIRECTOR PSG Wealth Holdings Proprietary Limited<BR>
(a major subsidiary of PSG Konsult)<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares<BR>
<BR>
DATE OF AWARD OF OPTIONS 1 April 2019<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019<BR>
<BR>
OPTION STRIKE PRICE R10.15 (PSG Konsult's 30-day volume<BR>
weighted average traded price at 1 April<BR>
2019)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 1 000 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R10 150 000.00<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the<BR>
2nd, 3rd, 4th and 5th anniversary of the<BR>
award<BR>
<BR>
NATURE OF TRANSACTION Acceptance of award of options to acquire<BR>
ordinary shares in terms of the share<BR>
incentive scheme<BR>
<BR>
NATURE AND EXTENT OF INTEREST IN Direct, beneficial<BR>
THE TRANSACTION<BR>
<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
8.<BR>
NAME OF DIRECTOR E Wegner<BR>
<BR>
COMPANY OF WHICH A DIRECTOR PSG Life Limited (a major subsidiary of<BR>
PSG Konsult)<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares<BR>
<BR>
DATE OF AWARD OF OPTIONS 1 April 2019<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019<BR>
<BR>
OPTION STRIKE PRICE R10.15 (PSG Konsult's 30-day volume<BR>
weighted average traded price at 1 April<BR>
2019)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 200 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R2 030 000.00<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the<BR>
2nd, 3rd, 4th and 5th anniversary of the<BR>
award<BR>
<BR>
NATURE OF TRANSACTION Acceptance of award of options to acquire<BR>
ordinary shares in terms of the share<BR>
incentive scheme<BR>
<BR>
NATURE AND EXTENT OF INTEREST IN Direct, beneficial<BR>
THE TRANSACTION<BR>
<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
9.<BR>
NAME OF DIRECTOR P Redshaw<BR>
<BR>
COMPANY OF WHICH A DIRECTOR PSG Life Limited (a major subsidiary of<BR>
PSG Konsult)<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
<BR>
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares<BR>
<BR>
DATE OF AWARD OF OPTIONS 1 April 2019<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019<BR>
<BR>
OPTION STRIKE PRICE R10.15 (PSG Konsult's 30-day volume<BR>
weighted average traded price at 1 April<BR>
2019)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 300 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R3 045 000.00<BR>
<BR>
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the<BR>
2nd, 3rd, 4th and 5th anniversary of the<BR>
award<BR>
<BR>
NATURE OF TRANSACTION Acceptance of award of options to acquire<BR>
ordinary shares in terms of the share<BR>
incentive scheme<BR>
<BR>
NATURE AND EXTENT OF INTEREST IN Direct, beneficial<BR>
THE TRANSACTION<BR>
<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings<BR>
Requirements.<BR>
<BR>
Tyger Valley<BR>
24 April 2019<BR>
<BR>
JSE Sponsor: PSG Capital Proprietary Limited<BR>
NSX Sponsor: PSG Wealth Management (Namibia) Proprietary Limited, member of the<BR>
Namibian Stock Exchange<BR>
SEM authorised representative and SEM Sponsor: Perigeum Capital Ltd<BR>
<BR>
This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 15.24 and<BR>
the Mauritian Securities Act 2005. The board of directors of PSG Konsult accepts full<BR>
responsibility for the accuracy of the information contained in this Communiqué.<BR>
<BR>
Date: 24/04/2019 01:00:00 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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