Wrap Text
Acceptance Of Options And Dealings In PSG Konsult Shares By Directors
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”)
ACCEPTANCE OF OPTIONS BY DIRECTORS IN TERMS OF THE PSG KONSULT GROUP SHARE
INCENTIVE TRUST AND DEALINGS IN PSG KONSULT SHARES BY DIRECTORS
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following information is disclosed:
ACCEPTANCE OF OPTIONS
The following share option awards were accepted in terms of the PSG
Konsult Group Share Incentive Trust:
1.
NAME OF DIRECTOR FJ Gouws
COMPANY OF WHICH I AM A PSG Konsult Limited
DIRECTOR
STATUS:EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Share options to acquire
ordinary shares
DATE OF AWARD 1 April 2016
DATE OF ACCEPTANCE 03 May 2016
OPTION STRIKE PRICE R6.81 (PSG Konsult’s 30-day
volume weighted average traded
price at 1 April 2016)
NUMBER OF OPTIONS AWARDED 10 335 579
TOTAL RAND VALUE OF OPTIONS R70 385 292.99
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
each on the 2nd, 3rd, 4th and 5th
anniversary of the award
NATURE OF TRANSACTION 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 OBTAINED Yes
2.
NAME OF DIRECTOR MIF Smith
COMPANY OF WHICH I AM A PSG Konsult Limited
DIRECTOR
STATUS:EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Share options to acquire
ordinary shares
DATE OF AWARD 1 April 2016
DATE OF ACCEPTANCE 03 May 2016
OPTION STRIKE PRICE R6.81 (PSG Konsult’s 30-day
volume weighted average traded
price at 1 April 2016)
NUMBER OF OPTIONS AWARDED 2 398 150
TOTAL RAND VALUE OF OPTIONS R16 331 401.50
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
each on the 2nd, 3rd, 4th and 5th
anniversary of the award
NATURE OF TRANSACTION 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 OBTAINED Yes
3.
NAME OF DIRECTOR NM Gudka
COMPANY OF WHICH I AM A PSG Wealth Financial Planning
DIRECTOR Proprietary Limited (a major
subsidiary of PSG Konsult)
STATUS:EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Share options to acquire
ordinary shares
DATE OF AWARD 1 April 2016
DATE OF ACCEPTANCE 03 May 2016
OPTION STRIKE PRICE R6.81 (PSG Konsult’s 30-day
volume weighted average traded
price at 1 April 2016)
NUMBER OF OPTIONS AWARDED 2 514 317
TOTAL RAND VALUE OF OPTIONS R17 122 498.77
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
each on the 2nd, 3rd, 4th and 5th
anniversary of the award
NATURE OF TRANSACTION 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 OBTAINED Yes
4.
NAME OF DIRECTOR DPB Hugo
COMPANY OF WHICH I AM A PSG Wealth Financial Planning
DIRECTOR Proprietary Limited (a major
subsidiary of PSG Konsult)
STATUS:EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Share options to acquire
ordinary shares
DATE OF AWARD 1 April 2016
DATE OF ACCEPTANCE 03 May 2016
OPTION STRIKE PRICE R6.81 (PSG Konsult’s 30-day
volume weighted average traded
price at 1 April 2016)
NUMBER OF OPTIONS AWARDED 2 250 000
TOTAL RAND VALUE OF OPTIONS R15 322 500.00
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
each on the 2nd, 3rd, 4th and 5th
anniversary of the award
NATURE OF TRANSACTION 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 OBTAINED Yes
5.
NAME OF DIRECTOR AM Ahern
COMPANY OF WHICH I AM A PSG Asset Management Holdings
DIRECTOR Proprietary Limited (a major
subsidiary of PSG Konsult)
STATUS:EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Share options to acquire
ordinary shares
DATE OF AWARD 1 April 2016
DATE OF ACCEPTANCE 03 May 2016
OPTION STRIKE PRICE R6.81 (PSG Konsult’s 30-day
volume weighted average traded
price at 1 April 2016)
NUMBER OF OPTIONS AWARDED 1 535 132
TOTAL RAND VALUE OF OPTIONS R10 454 248.92
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
each on the 2nd, 3rd, 4th and 5th
anniversary of the award
NATURE OF TRANSACTION 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 OBTAINED Yes
6.
NAME OF DIRECTOR HP Visser
COMPANY OF WHICH I AM A PSG Insure Holdings Proprietary
DIRECTOR Limited (a major subsidiary of
PSG Konsult)
STATUS:EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Share options to acquire
ordinary shares
DATE OF AWARD 1 April 2016
DATE OF ACCEPTANCE 03 May 2016
OPTION STRIKE PRICE R6.81 (PSG Konsult’s 30-day
volume weighted average traded
price at 1 April 2016)
NUMBER OF OPTIONS AWARDED 1 475 000
TOTAL RAND VALUE OF OPTIONS R10 044 750.00
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
each on the 2nd, 3rd, 4th and 5th
anniversary of the award
NATURE OF TRANSACTION 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 OBTAINED Yes
7.
NAME OF DIRECTOR M Lansdell
COMPANY OF WHICH I AM A PSG Life Limited (a major
DIRECTOR subsidiary of PSG Konsult)
STATUS:EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Share options to acquire
ordinary shares
DATE OF AWARD 1 April 2016
DATE OF ACCEPTANCE 03 May 2016
OPTION STRIKE PRICE R6.81 (PSG Konsult’s 30-day
volume weighted average traded
price at 1 April 2016)
NUMBER OF OPTIONS AWARDED 555 727
TOTAL RAND VALUE OF OPTIONS R3 784 500.87
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
each on the 2nd, 3rd, 4th and 5th
anniversary of the award
NATURE OF TRANSACTION 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 OBTAINED Yes
8.
NAME OF DIRECTOR C Bekker
COMPANY OF WHICH I AM A PSG Life Limited (a major
DIRECTOR subsidiary of PSG Konsult)
STATUS:EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Share options to acquire
ordinary shares
DATE OF AWARD 1 April 2016
DATE OF ACCEPTANCE 03 May 2016
OPTION STRIKE PRICE R6.81 (PSG Konsult’s 30-day
volume weighted average traded
price at 1 April 2016)
NUMBER OF OPTIONS AWARDED 146 256
TOTAL RAND VALUE OF OPTIONS R996 003.36
STRIKE DATE OF OPTIONS Exercisable in tranches of 25%
each on the 2nd, 3rd, 4th and 5th
anniversary of the award
NATURE OF TRANSACTION 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 OBTAINED Yes
Clearance to accept the above share option awards was obtained in
accordance with rule 3.66 of the JSE Limited Listings Requirements.
DEALINGS IN PSG KONSULT SHARES BY DIRECTORS
The following shares were acquired by directors who elected to invest a
portion of their bonus in PSG Konsult shares:
1.
NAME OF DIRECTOR FJ Gouws
COMPANY OF WHICH I AM A PSG Konsult Limited
DIRECTOR
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
DATE OF TRANSACTION 03 May 2016
SHARE PRICE R7.20
NUMBER OF SHARES ACQUIRED 316 610
TOTAL RAND VALUE OF SHARES R2 279 592.00
ACQUIRED
NATURE OF TRANSACTION Acquisition of shares in PSG
Konsult (On-market transaction)
NATURE AND EXTENT OF Direct, Beneficial
INTEREST IN THE TRANSACTION
CLEARANCE OBTAINED Yes
2.
NAME OF DIRECTOR MIF Smith
COMPANY OF WHICH I AM A PSG Konsult Limited
DIRECTOR
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
DATE OF TRANSACTION 03 May 2016
SHARE PRICE R7.20
NUMBER OF SHARES ACQUIRED 139 776
TOTAL RAND VALUE OF SHARES R1 006 387.20
ACQUIRED
NATURE OF TRANSACTION Acquisition of shares in
PSG Konsult (On-market
transaction)
NATURE AND EXTENT OF Direct, Beneficial
INTEREST IN THE TRANSACTION
CLEARANCE OBTAINED Yes
3.
NAME OF DIRECTOR AM Ahern
MAJOR SUBSIDIARY OF WHICH I PSG Asset Management
AM A DIRECTOR Holdings Proprietary Limited
(a major subsidiary of PSG
Konsult)
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
DATE OF TRANSACTION 03 May 2016
SHARE PRICE R6.90
NUMBER OF SHARES ACQUIRED 75 811
TOTAL RAND VALUE OF SHARES R523 095.90
ACQUIRED
NATURE OF TRANSACTION Release of shares in PSG
Konsult to director (Off-
market transaction)
NATURE AND EXTENT OF Direct, Beneficial
INTEREST IN THE TRANSACTION
CLEARANCE OBTAINED Yes
4.
NAME OF DIRECTOR HP Visser
MAJOR SUBSIDIARY OF WHICH I PSG Insure Holdings
AM A DIRECTOR Proprietary Limited (a major
subsidiary of PSG Konsult)
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
DATE OF TRANSACTION 03 May 2016
SHARE PRICE R6.90
NUMBER OF SHARES ACQUIRED 69 826
TOTAL RAND VALUE OF SHARES R481 799.40
ACQUIRED
NATURE OF TRANSACTION Release of shares in PSG
Konsult to director (Off-
market transaction)
NATURE AND EXTENT OF Direct, Beneficial
INTEREST IN THE TRANSACTION
CLEARANCE OBTAINED Yes
5.
NAME OF DIRECTOR NM Gudka
MAJOR SUBSIDIARY OF WHICH I PSG Wealth Financial
AM A DIRECTOR Planning Proprietary
Limited(a major subsidiary
of PSG Konsult)
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
DATE OF TRANSACTION 03 May 2016
SHARE PRICE R6.90
NUMBER OF SHARES ACQUIRED 89 776
TOTAL RAND VALUE OF SHARES R619 454.40
ACQUIRED
NATURE OF TRANSACTION Release of shares in PSG
Konsult to director (Off-
market transaction)
NATURE AND EXTENT OF Direct, Beneficial
INTEREST IN THE TRANSACTION
CLEARANCE OBTAINED Yes
6.
NAME OF DIRECTOR C Bekker
MAJOR SUBSIDIARY OF WHICH I PSG Life Limited(a major
AM A DIRECTOR subsidiary of PSG Konsult)
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
DATE OF TRANSACTION 03 May 2016
SHARE PRICE R6.90
NUMBER OF SHARES ACQUIRED 15 960
TOTAL RAND VALUE OF SHARES R110 124.00
ACQUIRED
NATURE OF TRANSACTION Release of shares in PSG
Konsult to director (Off-
market transaction)
NATURE AND EXTENT OF Direct, Beneficial
INTEREST IN THE TRANSACTION
CLEARANCE OBTAINED Yes
Tyger Valley
04 May 2016
JSE sponsor: PSG Capital Proprietary Limited
NSX sponsor: PSG Wealth Management (Namibia) Proprietary Limited – member
of the Namibian Stock Exchange
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