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PSG GROUP LIMITED - Exercise of options by directors in terms of the PSG Group Limited Supplementary Share Incentive Trust

Release Date: 01/03/2013 16:11
Code(s): PSG     PDF:  
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Exercise of options by directors in terms of the PSG Group Limited Supplementary Share Incentive Trust

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

exercise of options by directors      in    terms   of   the   psg   group     limited
supplementary share incentive trust

In compliance with rules 3.63 to 3.74 of the JSE                Limited      Listings
Requirements, the following information is disclosed:

1.
  NAME OF DIRECTOR                    PJ Mouton
  COMPANY OF WHICH I AM A DIRECTOR    PSG Group
  STATUS:EXECUTIVE/NON-EXECUTIVE      Executive
  TYPE OF SECURITIES                  Shares
  CLASS OF SECURITIES                 Ordinary
  DATE OF TRANSACTION                 28 February 2013         (1)&(2)
  OPTION STRIKE PRICE                 R22.09                   (1)
                                      R39.61                   (2)
 NUMBER OF OPTIONS EXERCISED          37 772                   (1)
                                      75 465                   (2)
 TOTAL RAND VALUE OF OPTIONS          R834 383.48              (1)
                                      R2 989 168.65            (2)
 STRIKE DATE OF OPTIONS               28 February 2013         (1)&(2)
 PERIOD OF EXERCISE                   Participants have a 30 day
                                      period from the strike date
                                      during which options can be
                                      exercised
 NAME OF ASSOCIATE                    Piet Mouton Trust
 RELATIONSHIP WITH DIRECTOR           Director is trustee and
                                      beneficiary of associate
 NATURE OF TRANSACTION                Acquisition of shares in PSG
                                      Group through the exercise of
                                      options(Off-market transaction)
 NATURE AND EXTENT OF INTEREST IN     Indirect, Beneficial
 THE TRANSACTION
 CLEARANCE OBTAINED                   Yes

2.
  NAME OF DIRECTOR                    WL Greeff
  COMPANY OF WHICH I AM A DIRECTOR    PSG Group
  STATUS:EXECUTIVE/NON-EXECUTIVE      Executive
  TYPE OF SECURITIES                  Shares
  CLASS OF SECURITIES                 Ordinary
  DATE OF TRANSACTION                 28 February 2013               (1)&(2)
  OPTION STRIKE PRICE                 R22.09                         (1)
                                      R39.61                         (2)
 NUMBER OF OPTIONS EXERCISED          6 672                          (1)
                                      61 296                         (2)
 TOTAL RAND VALUE OF OPTIONS          R147 384.48                    (1)
                                      R2 427 934.56                  (2)
 STRIKE DATE OF OPTIONS               28 February 2013               (1)&(2)
 PERIOD OF EXERCISE                   Participants have a 30         day
                                      period from the strike         date
                                     during which options can be
                                     exercised
 NAME OF ASSOCIATE                   Wynand Greeff Trust
 RELATIONSHIP WITH DIRECTOR          Director is trustee and
                                     beneficiary of associate
 NATURE OF TRANSACTION               Acquisition of shares in PSG
                                     Group through the exercise of
                                     options(Off-market transaction)
 NATURE AND EXTENT OF INTEREST IN    Indirect, Beneficial
 THE TRANSACTION
 CLEARANCE OBTAINED                  Yes

3.
  NAME OF DIRECTOR                   JA Holtzhausen
  COMPANY OF WHICH I AM A DIRECTOR   PSG Group
  STATUS:EXECUTIVE/NON-EXECUTIVE     Executive
  TYPE OF SECURITIES                 Shares
  CLASS OF SECURITIES                Ordinary
  DATE OF TRANSACTION                28 February 2013        (1)&(2)
  OPTION STRIKE PRICE                R22.09                  (1)
                                     R39.61                  (2)
 NUMBER OF OPTIONS EXERCISED         38 746                  (1)
                                     49 443                  (2)
 TOTAL RAND VALUE OF OPTIONS         R855 899.14             (1)
                                     R1 958 437.23           (2)
 STRIKE DATE OF OPTIONS              28 February 2013        (1)&(2)
 PERIOD OF EXERCISE                  Participants have a 30 day
                                     period from the strike date
                                     during which options can be
                                     exercised
 NATURE OF TRANSACTION               Acquisition of shares in PSG
                                     Group through the exercise of
                                     options(Off-market transaction)
 NATURE AND EXTENT OF INTEREST IN    Direct, Beneficial
 THE TRANSACTION
 CLEARANCE OBTAINED                  Yes

4.
  NAME OF DIRECTOR                   JF Mouton
  COMPANY OF WHICH I AM A DIRECTOR   PSG Group
  STATUS:EXECUTIVE/NON-EXECUTIVE     Non-Executive
  TYPE OF SECURITIES                 Shares
  CLASS OF SECURITIES                Ordinary
  DATE OF TRANSACTION                28 February 2013
  OPTION STRIKE PRICE                R39.61
  NUMBER OF OPTIONS EXERCISED        50 488
  TOTAL RAND VALUE OF OPTIONS        R1 999 829.68
  STRIKE DATE OF OPTIONS             28 February 2013
  PERIOD OF EXERCISE                 Participants have a 30 day
                                     period from the strike date
                                     during which options can be
                                     exercised
 NAME OF ASSOCIATE                   Dana Beleggings (Pty) Limited
 RELATIONSHIP WITH DIRECTOR          An associate of the director,
                                     the JF Mouton Familie Trust, of
                                     which the director is a
                                     trustee, is the shareholder of
                                      Dana Beleggings (Pty) Limited
 NATURE OF TRANSACTION                Acquisition of shares in PSG
                                      Group through the exercise of
                                      options(Off-market transaction)
 NATURE AND EXTENT OF INTEREST IN     Indirect, Non-Beneficial
 THE TRANSACTION
 CLEARANCE OBTAINED                   Yes

5.
  NAME OF DIRECTOR                    B van der Linde
  MAJOR SUBSIDIARY COMPANY OF WHICH
  I AM A DIRECTOR                     Curro Holdings Limited
  STATUS:EXECUTIVE/NON-EXECUTIVE      Executive
  TYPE OF SECURITIES                  Shares
  CLASS OF SECURITIES                 Ordinary
  DATE OF TRANSACTION                 28 February 2013
  OPTION STRIKE PRICE                 R22.09
  NUMBER OF OPTIONS EXERCISED         3 163
  TOTAL RAND VALUE OF OPTIONS         R69 870.67
  STRIKE DATE OF OPTIONS              28 February 2013
  PERIOD OF EXERCISE                  Participants have a 30 day
                                      period from the strike date
                                      during which options can be
                                      exercised
 NATURE OF TRANSACTION                Acquisition of shares in PSG
                                      Group through the exercise of
                                      options(Off-market transaction)
 NATURE AND EXTENT OF INTEREST IN     Direct, Beneficial
 THE TRANSACTION
 CLEARANCE OBTAINED                   Yes

Clearance to deal in these shares was obtained in accordance with rule
3.66 of the JSE Listings Requirements.

Stellenbosch
01 March 2013

Sponsor
PSG Capital

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