PSG GROUP LIMITED - Results of General Meeting

Results of General Meeting

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

RESULTS OF GENERAL MEETING

1.   RESULTS

     Shareholders are hereby advised that at the general meeting of the Company held at 10:00 today, 13
     November 2014, at the Grand Ballroom, Asara Wine Estate & Hotel, Polkadraai Road, Stellenbosch
     (“General Meeting”), all of the resolutions were passed by the requisite majority of PSG shareholders.
     The detailed voting results of the General Meeting are set out below:

                       Votes for as a    Votes against     Number of         Number of         Number of
                       percentage of     as a percentage   shares voted at   shares voted as   shares
                       total number of   of total number   the General       a percentage of   abstained as a
                       shares voted      of shares voted   Meeting (%)       votes             percentage of
                       (%)               (%) *                               exercisable (%)   votes
                                                                             **                exercisable (%)
                                                                                               ***
Special                100.00             -                145 367 504       75.61             0.03
Resolution
Number 1:
Approval of the
Thembeka
Specific
Repurchase in
terms of
section 48(8),
as read with
sections 114
and 115 of the
Companies Act

Special                 100.00            -                145 367 504       75.61             0.03
Resolution
Number 2:
Approval of the
SBET Specific
Repurchase in
terms of
section 48(8),
as read with
sections 114
and 115 of the
Companies Act

Ordinary                100.00             -               145 233 509      75.54             0.10
Resolution
Number 1:
Authorising the
directors of
the Company to
implement the
Special
Resolutions, if
passed


Notes:
     * Rounded to two decimals, the number of votes against were less than 0.01% of the number of shares
     voted at the General Meeting.
     ** The number of shares voted as a percentage of the total number of shares in issue were 66.42%
     (Special Resolutions Number 1 and 2) and 66.36% (Ordinary Resolution Number 1).
     *** The number of shares abstained as a percentage of the total number of shares in issue were 0.03%
     (Special Resolutions Number 1 and 2) and 0.09% (Ordinary Resolution Number 1).

2.   RESULTS OF THE THEMBEKA CAPITAL (RF) LIMITED (“Thembeka”) GENERAL MEETING

     PSG and Thembeka shareholders are hereby advised that at the general meeting of Thembeka held at 10:30
     today, 13 November 2014, at the Grand Ballroom, Asara Wine Estate & Hotel, Polkadraai Road,
     Stellenbosch, all of the resolutions were passed by the requisite majority of Thembeka shareholders. An
     announcement pertaining to the Thembeka general meeting is available on Thembeka’s website at
     www.thembekacapital.com from today, 13 November 2014.

     Should all remaining conditions precedent be fulfilled, the Thembeka unwinding is expected to be
     implemented during January 2015.

     13 November 2014
     Stellenbosch

     Transaction adviser and sponsor: PSG Capital Proprietary Limited

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