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PSG KONSULT LIMITED - Secondary listing of PSG Konsult on the Namibian Stock Exchange

Release Date: 14/07/2014 14:00
Code(s): KST     PDF:  
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Secondary listing of PSG Konsult on the Namibian Stock Exchange

PSG Konsult Limited
(Incorporated in the Republic of South Africa)
Registration Number: 1993/003941/06
JSE Share Code: KST
NSX Share Code: KFS
ISIN Code: ZAE000191417
(“PSG Konsult” or “the Company”)

SECONDARY LISTING OF PSG KONSULT ON THE NAMIBIAN STOCK EXCHANGE

 1.   SECONDARY LISTING APPROVED

      Shareholders are advised that the Namibian Stock Exchange
      (“NSX”) has approved the secondary listing of PSG Konsult on
      the NSX with effect from Wednesday, 16 July 2014, under the
      share code “KFS”.

      PSG Konsult’s primary listing remains on the JSE main board.

 2.   RATIONALE FOR SECONDARY NSX LISTING

      PSG Konsult intends to build an investment track record with
      Namibian investors, to ensure maximum flexibility for the
      execution of the Company’s long-term strategic plans, including
      the expansion of PSG Konsult’s sub-Saharan Africa operations.

      By listing on the NSX, Namibian investors will be provided with
      an opportunity to invest in PSG Konsult by utilising a portion
      of the prescribed investment portfolio assets.

 3.   PSG KONSULT’S NAMIBIAN OPERATIONS

      PSG Konsult’s Namibian operations currently consist of PSG
      Namibia, a holding company for the stockbroking and financial
      planning businesses, PSG Wealth Management Namibia and PSG
      Financial Planning Namibia, as well as Western National
      Insurance  (Namibia),  which  provides  short-term  insurance
      services.

 Tyger Valley
 14 July 2014

 JSE sponsor: PSG Capital (Pty) Ltd
 NSX sponsor: PSG Wealth Management (Namibia) (Pty) Ltd, member of
 the Namibian Stock Exchange

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