PSG GROUP LIMITED - Acceptance Of Share Options By PSG Group Directors In Terms Of The Psg Group Limited Supplementary Share Incentive T

Acceptance Of Share Options By PSG Group Directors In Terms Of The Psg Group Limited Supplementary Share Incentive T

PSG Group Limited
Incorporated in the Republic of South Africa
Registration number: 1970/008484/06
JSE Limited (“JSE”) share code: PSG
ISIN code: ZAE000013017
(“PSG Group”)

ACCEPTANCE OF SHARE OPTIONS BY PSG GROUP DIRECTORS IN TERMS OF THE PSG
GROUP LIMITED SUPPLEMENTARY SHARE INCENTIVE TRUST (“SIT”)

The following share option award was accepted in terms of the SIT:

NAME OF DIRECTOR               PJ Mouton                         (1)
                               WL Greeff                         (2)
                               JA Holtzhausen                    (3)
COMPANY OF WHICH WE ARE        PSG Group Limited
DIRECTORS
STATUS: EXECUTIVE/NON-         Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES   Share options to acquire
                               ordinary shares
DATE OF AWARD                  28 February 2018
DATE OF ACCEPTANCE             28 February 2018
OPTION STRIKE PRICE            R236.13 (PSG Group’s 30-day
                               volume weighted average traded
                               price at 28 February 2018)
NUMBER OF OPTIONS ACCEPTED     113 018                           (1)
                               72 292                            (2)
                               72 889                            (3)
TOTAL RAND VALUE OF OPTIONS    R26 686 940.34                    (1)
                               R17 070 309.96                    (2)
                               R17 211 279.57                    (3)
VESTING DATE OF OPTIONS        Vesting in tranches of 25% each
                               on the 2nd, 3rd, 4th and 5th
                               anniversary of the award
NATURE OF TRANSACTION          Acceptance of award of options
                               to acquire ordinary shares in
                               terms of a share incentive
                               scheme
NATURE AND EXTENT OF           Direct, Beneficial
INTEREST IN THE TRANSACTION

Clearance to accept these share option awards was obtained in accordance
with Rule 3.66 of the JSE Listings Requirements.

Stellenbosch
1 March 2018

Sponsor
PSG Capital

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