PSG KONSULT LIMITED - KST : Dealing In PSG Konsult Shares By Associates Of A Director
17 January, 2020 - Posted at - 14:25:05
<BR>
KST : Dealing In PSG Konsult Shares By Associates Of A Director: <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>
DEALING IN PSG KONSULT SHARES BY ASSOCIATES OF A DIRECTOR<BR>
<BR>
LeToit Trust, a family entity and associate of a director of PSG Konsult, Mr J de V du Toit,<BR>
previously directly held 6 000 000 ordinary shares in PSG Konsult. As part of the diversification<BR>
of its financial exposure, LeToit Trust has restructured its shareholding in PSG Konsult by<BR>
transferring all PSG Konsult shares held by it to an investor fund, Crest Qualified Investor<BR>
Fund, which is also an associate of Mr Du Toit, in exchange for units in that fund. As a result,<BR>
LeToit Trust will continue to have an exposure to 6 000 000 ordinary shares in PSG Konsult,<BR>
albeit indirectly via the investor fund.<BR>
<BR>
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the<BR>
following information regarding the dealing in securities is disclosed:<BR>
<BR>
NAME OF DIRECTOR J de V du Toit<BR>
<BR>
COMPANY OF WHICH A DIRECTOR PSG Konsult<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Non-Executive<BR>
<BR>
TYPE AND CLASS OF SECURITIES Ordinary shares<BR>
<BR>
NATURE OF TRANSACTION Disposal of shares by LeToit Trust to Crest<BR>
Qualified Investor Fund, both of which are<BR>
associates of the director (off-market<BR>
transaction on the JSE)<BR>
<BR>
DATE OF TRANSACTION 17 January 2020<BR>
<BR>
PRICE PER SECURITY (CENTS) 925<BR>
<BR>
NUMBER OF SECURITIES TRANSACTED 6 000 000<BR>
<BR>
TOTAL RAND VALUE OF SECURITIES R55 500 000<BR>
TRANSACTED<BR>
<BR>
NAME OF ASSOCIATE LeToit Trust (1)<BR>
Crest Qualified Investor Fund (2)<BR>
<BR>
RELATIONSHIP WITH DIRECTOR The director is a trustee and a beneficiary<BR>
of the associate (1)<BR>
The director is a trustee and beneficiary of<BR>
the associate's sole unitholder, LeToit<BR>
Trust (2)<BR>
<BR>
NATURE AND EXTENT OF INTEREST IN Indirect, non-beneficial<BR>
THE TRANSACTION<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>
17 January 2020<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 Limited Listings Requirements, SEM Listing Rule<BR>
15.24 and the Mauritian Securities Act 2005. The board of directors of PSG Konsult accepts<BR>
full responsibility for the accuracy of the information contained in this communique.<BR>
<BR>
Date: 17-01-2020 02:25:00<BR>
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