PSG KONSULT LIMITED - KST : Repurchase Of PSG Konsult Shares

17 October, 2019 - Posted at - 12:00:17

<BR>
KST : Repurchase Of PSG Konsult Shares: <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 Code: ZAE000191417<BR>
("PSG Konsult" or "the Company")<BR>
<BR>
REPURCHASE OF PSG KONSULT SHARES<BR>
<BR>
The Company's wholly-owned subsidiary, PSG Management Services Proprietary Limited<BR>
("PSG Management Services"), has over recent years repurchased a total of 8 790 166<BR>
PSG Konsult ordinary shares ("Subject Shares") in the open market, in terms of the general<BR>
repurchase authority granted to PSG Konsult and its subsidiaries by shareholders at previous<BR>
annual general meetings.<BR>
<BR>
PSG Konsult advises that, on 16 October 2019, the Subject Shares were transferred from<BR>
PSG Management Services to the Company, resulting in the cancellation of those shares. On the<BR>
date of transfer, immediately prior to their cancellation, the Subject Shares constituted 0.66% of<BR>
PSG Konsult's issued ordinary share capital (net of treasury shares).<BR>
<BR>
The above transfer of the Subject Shares, which qualifies as a repurchase under the South African<BR>
Companies Act No. 71 of 2008, complied fully with that act.<BR>
<BR>
Tyger Valley<BR>
17 October 2019<BR>
<BR>
JSE Sponsor: PSG Capital Proprietary Limited<BR>
NSX Sponsor: PSG Wealth Management (Namibia) Proprietary Limited, member of the Namibian<BR>
Stock Exchange<BR>
SEM authorised representative and SEM Sponsor: Perigeum Capital Ltd<BR>
<BR>
This notice is issued pursuant to the JSE Limited Listings Requirements, the SEM Listing Rules<BR>
and 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 communique.<BR>
<BR>
Date: 17/10/2019 12:00:00<BR>
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