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CA SALES HOLDINGS LIMITED - Shares Received Pursuant To PSG Group Limiteds Unbundling Of CA&S Shares

Release Date: 13/09/2022 08:55
Code(s): CAA     PDF:  
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Shares Received Pursuant To PSG Group Limited’s Unbundling Of CA&S Shares

CA SALES HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 2011/143100/06
Registered as an external company in the Republic of Botswana
Botswana registration number: BW00001085331
JSE Limited (“JSE”) share code: CAA
Botswana Stock Exchange (“BSE”) share code: CAS-EQO
ISIN: ZAE400000036
(“CA&S” or the “Company”)

SHARES RECEIVED PURSUANT TO PSG GROUP LIMITED’S UNBUNDLING OF CA&S SHARES

Shareholders are referred to the finalisation announcement published on the JSE Limited’s
(“JSE”) Stock Exchange News Service on 25 August 2022 by PSG Group Limited
(“PSG Group”), regarding the restructure of PSG Group, including the pro rata distribution in
specie of PSG Group’s shareholding in CA&S to PSG Group shareholders (“Unbundling”).
Certain directors of CA&S (and/or their associates) hold PSG Group shares and, accordingly,
upon implementation of the Unbundling on 12 September 2022, received CA&S shares in the
same ratio and on the same basis applicable to all PSG Group shareholders, with no election
or discretion having been exercised by the directors (and/or their associates) in this regard.
Applicable details regarding the directors (and/or their associates) in question and the CA&S
shares unbundled to them, appear below.

1.
NAME OF DIRECTOR                                Frans Reichert

COMPANY OF WHICH A DIRECTOR                     CA Sales Holdings Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

DATE                                            12 September 2022

PRICE PER SECURITY (CENTS)                      571*

NUMBER OF SECURITIES                            310

TOTAL RAND VALUE OF SECURITIES                  R1 770.10

NATURE                                          Off-market receipt of CA&S shares
                                                pursuant to the Unbundling

NATURE AND EXTENT OF INTEREST                   Direct, beneficial

CLEARANCE                                       Not applicable

2.
NAME OF DIRECTOR                                Johan Holtzhausen

COMPANY OF WHICH A DIRECTOR                     CA Sales Holdings Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                 Non-Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

DATE                                            12 September 2022

PRICE PER SECURITY (CENTS)                      571*

NUMBER OF SECURITIES                            656 573                          (1)
                                                518 250                          (2)
                                                1 314                            (3)
                                                1 314                            (4)
                                                1 314                            (5)

TOTAL RAND VALUE OF SECURITIES                  R3 749 031.83                    (1)
                                                R2 959 207.50                    (2)
                                                R7 502.97                        (3)
                                                R7 502.97                        (4)
                                                R7 502.97                        (5)

NAMES OF ASSOCIATES                             Daleiwan Investments (Pty) Ltd   (2)
                                                HJ Holtzhausen                   (3)
                                                LM Holtzhausen                   (4)
                                                JA Holtzhausen                   (5)

RELATIONSHIPS WITH DIRECTOR                     The director is a director
                                                and shareholder of the associate (2)
                                                Spouse                           (3)
                                                Minor children                   (4 - 5)

NATURE                                          Off-market receipt of CA&S shares
                                                pursuant to the Unbundling

NATURE AND EXTENT OF INTEREST                   Direct, beneficial               (1)
                                                Indirect, beneficial             (2)
                                                Indirect, non-beneficial         (3 - 5)

CLEARANCE                                       Not applicable


3.
NAME OF DIRECTOR                                Leon Cronje

COMPANY OF WHICH A DIRECTOR                     CA Sales Holdings Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                 Non-Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

DATE                                            12 September 2022

PRICE PER SECURITY (CENTS)                      571*

NUMBER OF SECURITIES                            9 950

TOTAL RAND VALUE OF SECURITIES                  R56 814.50

NAME OF ASSOCIATE                               RHL Beleggings (Pty) Ltd (“RHL”)

RELATIONSHIP WITH DIRECTOR                      RHL is owned by a family trust of which the
                                                director is a beneficiary

NATURE                                          Off-market receipt of CA&S shares
                                                pursuant to the Unbundling

NATURE AND EXTENT OF INTEREST                   Indirect, beneficial

CLEARANCE                                       Not applicable

4.
NAME OF DIRECTOR                                Nico de Waal

COMPANY OF WHICH A DIRECTOR                     CA Sales Holdings Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                 Non-Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

DATE                                            20 August 2022

PRICE PER SECURITY (CENTS)                      931**

NUMBER OF SECURITIES                            1 807 557

TOTAL RAND VALUE OF SECURITIES                  R16 828 355.67

NAME OF ASSOCIATE                               Nixonzara Investments (Pty) Ltd

RELATIONSHIP WITH DIRECTOR                      The director is a director and shareholder
                                                of the associate

NATURE                                          Off-market receipt of CA&S shares
                                                pursuant to PSG Alpha Investments
                                                (Pty) Ltd ("PSG Alpha”) unbundling
                                                its CA&S shares #

NATURE AND EXTENT OF INTEREST                   Indirect, beneficial

CLEARANCE                                       Not applicable

* The closing price of CA&S shares on the record date for the Unbundling, being
  9 September 2022.

** The closing price of CA&S shares on 19 August 2022.

# PSG Alpha is a 98.27% subsidiary of PSG Group. The unbundling by PSG Alpha occurred
  as part of an internal restructuring of PSG Group and as a precondition to the Unbundling
  by the latter.

Centurion
13 September 2022

JSE Sponsor                                        BSE Sponsoring Broker
PSG Capital                                        Imara Capital Securities

Date: 13-09-2022 08:55:00
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