PSG KONSULT LIMITED - Dealings In PSG Konsult Securities
21 April, 2020 - Posted at - 14:30:00
<BR>
Dealings In PSG Konsult Securities: <BR>
Dealings In PSG Konsult Securities<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>
LEI Code: 378900ECF3D86FD28194<BR>
(“PSG Konsult” or the “Company”)<BR>
<BR>
DEALINGS IN PSG KONSULT SECURITIES<BR>
<BR>
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited (“JSE”) Listings Requirements,<BR>
the following information regarding dealings in PSG Konsult securities is disclosed:<BR>
<BR>
ACCEPTANCE OF OPTIONS IN TERMS OF THE PSG KONSULT GROUP SHARE<BR>
INCENTIVE TRUST<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 2020<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020<BR>
<BR>
OPTION STRIKE PRICE R7.13 (PSG Konsult's 30-day volume<BR>
weighted average traded price prior to<BR>
1 April 2020)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 4 800 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R34 224 000.00<BR>
<BR>
VESTING 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 2020<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020<BR>
<BR>
OPTION STRIKE PRICE R7.13 (PSG Konsult's 30-day volume<BR>
weighted average traded price prior to<BR>
1 April 2020)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 1 200 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R8 556 000.00<BR>
<BR>
VESTING 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 2020<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020<BR>
<BR>
OPTION STRIKE PRICE R7.13 (PSG Konsult's 30-day volume<BR>
weighted average traded price prior to<BR>
1 April 2020)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 1 200 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R8 556 000.00<BR>
<BR>
VESTING 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 2020<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020<BR>
<BR>
OPTION STRIKE PRICE R7.13 (PSG Konsult's 30-day volume<BR>
weighted average traded price prior to<BR>
1 April 2020)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 1 500 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R10 695 000.00<BR>
<BR>
VESTING 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 2020<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020<BR>
<BR>
OPTION STRIKE PRICE R7.13 (PSG Konsult's 30-day volume<BR>
weighted average traded price prior to<BR>
1 April 2020)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 750 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R5 347 500.00<BR>
<BR>
VESTING 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>
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 2020<BR>
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020<BR>
<BR>
OPTION STRIKE PRICE R7.13 (PSG Konsult's 30-day volume<BR>
weighted average traded price prior to<BR>
1 April 2020)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 1 200 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R8 556 000.00<BR>
<BR>
VESTING 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 E de Waal<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 2020<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020<BR>
<BR>
OPTION STRIKE PRICE R7.13 (PSG Konsult's 30-day volume<BR>
weighted average traded price prior to<BR>
1 April 2020)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 1 200 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R 8 556 000<BR>
<BR>
VESTING 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>
NATURE AND EXTENT OF INTEREST IN Direct, beneficial<BR>
THE TRANSACTION<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 2020<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020<BR>
<BR>
OPTION STRIKE PRICE R7.13 (PSG Konsult's 30-day volume<BR>
weighted average traded price prior to<BR>
1 April 2020)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 200 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R1 426 000.00<BR>
<BR>
VESTING 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 2020<BR>
<BR>
DATE OF ACCEPTANCE OF OPTIONS 20 April 2020<BR>
<BR>
OPTION STRIKE PRICE R7.13 (PSG Konsult's 30-day volume<BR>
weighted average traded price prior to<BR>
1 April 2020)<BR>
<BR>
NUMBER OF OPTIONS ACCEPTED 150 000<BR>
<BR>
TOTAL RAND VALUE OF OPTIONS R1 069 500.00<BR>
<BR>
VESTING 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>
DEALINGS IN SECURITIES BY A DIRECTOR AND AN ASSOCIATE OF A DIRECTOR<BR>
<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 OF SECURITIES Shares<BR>
<BR>
CLASS OF SECURITIES Ordinary<BR>
<BR>
DATE OF TRANSACTION 20 April 2020<BR>
<BR>
CENTS PER SHARE 730 (1) – (3)<BR>
<BR>
NUMBER OF SECURITIES TRANSCATED 461 467 (1)<BR>
3 500 000 (2)<BR>
2 500 000 (3)<BR>
<BR>
TOTAL RAND VALUE OF SECURITIES R3 368 709.10 (1)<BR>
R25 550 000.00 (2)<BR>
R18 250 000.00 (3)<BR>
<BR>
NATURE OF TRANSACTION Acquisition – election to invest<BR>
portion of bonus in PSG Konsult<BR>
shares (off-market transaction) (1)<BR>
Disposal (share placement) to settle<BR>
certain existing funding obligations<BR>
relating to the past acquisition of<BR>
PSG Konsult shares (off-market<BR>
transaction) (2)<BR>
<BR>
Disposal (off-market transaction) (3)<BR>
<BR>
NAME OF ASSOCIATE Lanchian Investments (Pty) Ltd (2)<BR>
<BR>
RELATIONSHIP WITH DIRECTOR Director is a director and shareholder<BR>
of the associate (2)<BR>
<BR>
NATURE AND EXTENT OF INTEREST IN Direct, beneficial (1), (3)<BR>
THE TRANSACTION Indirect, beneficial (2)<BR>
<BR>
CLEARANCE OBTAINED Yes<BR>
<BR>
DEALINGS IN SECURITIES BY DIRECTORS OF MAJOR SUBSIDIARIES<BR>
<BR>
The following shares were released to directors of major subsidiaries in accordance with the<BR>
terms of the PSG Konsult Group Share Incentive Trust (“SIT”):<BR>
<BR>
1.<BR>
NAME OF DIRECTOR NM Gudka<BR>
<BR>
MAJOR SUBSIDIARY OF WHICH A PSG Wealth Financial Planning<BR>
DIRECTOR Proprietary Limited<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
<BR>
TYPE OF SECURITIES Shares<BR>
<BR>
CLASS OF SECURITIES Ordinary<BR>
<BR>
DATE OF TRANSACTION 20 April 2020<BR>
<BR>
CENTS PER SHARE AT WHICH 1 035<BR>
SECURITIES WERE INITIALLY ACQUIRED<BR>
BY SIT<BR>
<BR>
CENTS PER SHARE AT WHICH 730<BR>
SECURITIES WERE RELEASED<BR>
<BR>
NUMBER OF SECURITIES TRANSACTED 144 928<BR>
<BR>
TOTAL RAND VALUE OF SECURITIES R1 057 974.40<BR>
<BR>
NATURE OF TRANSACTION Release of shares in PSG Konsult to<BR>
director (off-market transaction)<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 E Wegner<BR>
<BR>
MAJOR SUBSIDIARY OF WHICH A PSG Life Limited<BR>
DIRECTOR<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
<BR>
TYPE OF SECURITIES Shares<BR>
<BR>
CLASS OF SECURITIES Ordinary<BR>
<BR>
DATE OF TRANSACTION 20 April 2020<BR>
<BR>
CENTS PER SHARE AT WHICH 1 035<BR>
SECURITIES WERE INITIALLY ACQUIRED<BR>
BY SIT<BR>
<BR>
CENTS PER SHARE AT WHICH 730<BR>
SECURITIES WERE RELEASED<BR>
<BR>
NUMBER OF SECURITIES TRANSACTED 17 391<BR>
<BR>
TOTAL RAND VALUE OF SECURITIES R126 954.30<BR>
<BR>
NATURE OF TRANSACTION Release of shares in PSG Konsult to<BR>
director (off-market transaction)<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 P Redshaw<BR>
<BR>
MAJOR SUBSIDIARY OF WHICH A PSG Life Limited<BR>
DIRECTOR<BR>
<BR>
STATUS: EXECUTIVE/NON-EXECUTIVE Executive<BR>
<BR>
TYPE OF SECURITIES Shares<BR>
<BR>
CLASS OF SECURITIES Ordinary<BR>
<BR>
DATE OF TRANSACTION 20 April 2020<BR>
<BR>
CENTS PER SHARE AT WHICH 1 035<BR>
SECURITIES WERE INITIALLY ACQUIRED<BR>
BY SIT<BR>
<BR>
CENTS PER SHARE AT WHICH 730<BR>
SECURITIES WERE RELEASED<BR>
<BR>
NUMBER OF SECURITIES TRANSACTED 17 391<BR>
<BR>
TOTAL RAND VALUE OF SECURITIES R126 954.30<BR>
<BR>
NATURE OF TRANSACTION Release of shares in PSG Konsult to<BR>
director (off-market transaction)<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 Listings<BR>
Requirements.<BR>
<BR>
Tyger Valley<BR>
21 April 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 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: 21-04-2020 02:30:00<BR>
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