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PSG KONSULT LIMITED - Exercise Of Options And Dealings In Psg Konsult Shares By Directors and/or Their Associates

Release Date: 24/05/2016 16:00
Code(s): KST     PDF:  
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Exercise Of Options And Dealings In Psg Konsult Shares By Directors and/or Their Associates

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”)

EXERCISE OF OPTIONS IN TERMS OF THE PSG KONSULT GROUP SHARE INCENTIVE
TRUST AND DEALINGS IN PSG KONSULT SHARES BY DIRECTORS AND/OR THEIR
ASSOCIATES

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

EXERCISE OF OPTIONS

The following share options were exercised in terms of the PSG Konsult
Group Share Incentive Trust:

1.

     NAME OF DIRECTOR              FJ Gouws
     COMPANY OF WHICH I AM A       PSG Konsult Ltd
     DIRECTOR
     STATUS: EXECUTIVE/NON-        Executive
     EXECUTIVE
     TYPE OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           24 May 2016
     OPTION STRIKE PRICE           R1.83                            (1)
                                   R2.83                            (2)
                                   R5.06                            (3)

     NUMBER OF OPTIONS EXERCISED   5 000 000                        (1)
                                   3 125 000                        (2)
                                   1 587 500                        (3)

     TOTAL RAND VALUE OF OPTIONS   R9 150 000.00                    (1)
                                   R8 843 750.00                    (2)
                                   R8 032 750.00                    (3)

     STRIKE DATE OF OPTIONS        1 July 2012                      (1)
                                   1 March 2013                     (2)
                                   1 March 2014                     (3)

     PERIOD OF EXERCISE            15 April to 15 May 2016, or 24   (1)-(3)
                                   May 2016
     NATURE OF TRANSACTION         Acquisition of shares in PSG
                                   Konsult through the exercise of
                                   options (Off-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           24 May 2016
     OPTION STRIKE PRICE           R1.54                             (1)
                                   R2.83                             (2)
                                   R5.06                             (3)

     NUMBER OF OPTIONS EXERCISED   158 280                           (1)
                                   250 000                           (2)
                                   450 000                           (3)

     TOTAL RAND VALUE OF OPTIONS   R 243 751.20                      (1)
                                   R 707 500.00                      (2)
                                   R2 277 000.00                     (3)

     STRIKE DATE OF OPTIONS        1 March 2011                      (1)
                                   1 March 2013                      (2)
                                   1 March 2014                      (3)

     PERIOD OF EXERCISE            15 April to 15 May 2016, or 24    (1)-(3)
                                   May 2016
     NATURE OF TRANSACTION         Acquisition of shares in PSG
                                   Konsult through the exercise
                                   of options (Off-market
                                   transaction)
     NATURE AND EXTENT OF          Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED            Yes
3.
     NAME OF DIRECTOR              W Theron
     COMPANY OF WHICH I AM A       PSG Konsult Limited
     DIRECTOR
     STATUS: EXECUTIVE/NON-        Non-Executive
     EXECUTIVE
     TYPE OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           24 May 2016
     OPTION STRIKE PRICE           R1.54                             (1)
                                   R2.83                             (2)

     NUMBER OF OPTIONS EXERCISED   1 450 308                         (1)
                                     750 000                         (2)

     TOTAL RAND VALUE OF OPTIONS   R2 233 474.32                     (1)
                                   R2 122 500.00                     (2)

     STRIKE DATE OF OPTIONS        1 March 2011                      (1)
                                   1 March 2013                      (2)

     PERIOD OF EXERCISE            15 April to 15 May 2016, or 24    (1)-(2)
                                   May 2016
     NATURE OF TRANSACTION         Acquisition of shares in PSG
                                   Konsult through the exercise of
                                   options (Off-market
                                   transaction)
     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 OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           24 May 2016
     OPTION STRIKE PRICE           R1.54                             (1)
                                   R2.83                             (2)
                                   R5.06                             (3)

     NUMBER OF OPTIONS EXERCISED     389 610                         (1)
                                   1 250 000                         (2)
                                     562 500                         (3)

     TOTAL RAND VALUE OF OPTIONS   R 599 999.40                      (1)
                                   R3 537 500.00                     (2)
                                   R2 846 250.00                     (3)

     STRIKE DATE OF OPTIONS        1 March 2011                      (1)
                                   1 March 2013                      (2)
                                   1 March 2014                      (3)

     PERIOD OF EXERCISE            15 April to 15 May 2016, or 24
                                   May 2016
     NATURE OF TRANSACTION         Acquisition of shares in PSG
                                   Konsult through the exercise
                                   of options (Off-market
                                   transaction)
     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 OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           24 May 2015
     OPTION STRIKE PRICE           R2.83                            (1)
                                   R5.06                            (2)

     NUMBER OF OPTIONS EXERCISED   750 000                          (1)
                                   500 000                          (2)

     TOTAL RAND VALUE OF OPTIONS   R2 122 500.00                    (1)
                                   R2 530 000.00                    (2)

     STRIKE DATE OF OPTIONS        1 March 2013                     (1)
                                   1 March 2014                     (2)

     PERIOD OF EXERCISE            15 April to 15 May 2016, or 24   (1)-(2)
                                   May 2016
     NATURE OF TRANSACTION         Acquisition of shares in PSG
                                   Konsult through the exercise
                                   of options (Off-market
                                   transaction)
     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 OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           24 May 2016
     OPTION STRIKE PRICE           R2.83                             (1)
                                   R5.06                             (2)

     NUMBER OF OPTIONS EXERCISED   750 000                           (1)
                                   500 000                           (2)


     TOTAL RAND VALUE OF OPTIONS   R2 122 500.00                     (1)
                                   R2 530 000.00                     (2)

     STRIKE DATE OF OPTIONS        1 March 2013                      (1)
                                   1 March 2014                      (2)

     PERIOD OF EXERCISE            15 April to 15 May 2016, or 24    (1)-(2)
                                   May 2016
     NATURE OF TRANSACTION         Acquisition of shares in PSG
                                   Konsult through the exercise of
                                   options (Off-market
                                   transaction)
     NATURE AND EXTENT OF          Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED            Yes


7.

     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 OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           24 May 2016
     OPTION STRIKE PRICE           R2.83                             (1)
                                   R5.06                             (2)

     NUMBER OF OPTIONS EXERCISED   625 000                           (1)
                                   450 000                           (2)


     TOTAL RAND VALUE OF OPTIONS   R1 768 750.00                     (1)
                                   R2 277 000.00                     (2)

     STRIKE DATE OF OPTIONS        1 March 2013                      (1)
                                   1 March 2014                      (2)


     PERIOD OF EXERCISE            15 April to 15 May 2016, or 24    (1)-(2)
                                   May 2016
     NATURE OF TRANSACTION         Acquisition of shares in PSG
                                   Konsult through the exercise of
                                   options (Off-market
                                   transaction)
     NATURE AND EXTENT OF          Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED            Yes


8.

     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 OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           24 May 2016
     OPTION STRIKE PRICE           Rnil                              (1)
                                   R5.06                             (2)

     NUMBER OF OPTIONS EXERCISED   80 000                            (1)
                                   25 000                            (2)

     TOTAL RAND VALUE OF OPTIONS   Rnil                              (1)
                                   R126 500.00                       (2)

     STRIKE DATE OF OPTIONS        1 April 2014                      (1)
                                   1 March 2014                      (2)

     PERIOD OF EXERCISE            15 April to 15 May 2016, or 24    (1)-(2)
                                   May 2016
     NATURE OF TRANSACTION         Acquisition of shares in PSG
                                   Konsult through the exercise of
                                   options (Off-market
                                   transaction)
     NATURE AND EXTENT OF          Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED            Yes


9.

     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 OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           24 May 2016
     OPTION STRIKE PRICE           R5.06
     NUMBER OF OPTIONS EXERCISED   25 000
     TOTAL RAND VALUE OF OPTIONS   R126 500.00
     STRIKE DATE OF OPTIONS        1 March 2014
     PERIOD OF EXERCISE            15 April to 15 May 2016, or 24
                                   May 2016
     NATURE OF TRANSACTION         Acquisition of shares in PSG
                                   Konsult through the exercise of
                                   options (Off-market
                                   transaction)
     NATURE AND EXTENT OF          Direct, Beneficial
     INTEREST IN THE TRANSACTION
     CLEARANCE OBTAINED            Yes


Clearance to deal in these shares was obtained in accordance with rule
3.66 of the JSE Limited Listings Requirements.
DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR


1.
     NAME OF DIRECTOR                  J de V du Toit
     COMPANY OF WHICH I AM A           PSG Konsult Limited
     DIRECTOR
     STATUS: EXECUTIVE/NON-EXECUTIVE   Non-executive
     TYPE OF SECURITIES                Shares
     CLASS OF SECURITIES               Ordinary
     DATE OF TRANSACTION               24 May 2016
     CENTS PER SHARE                   R7.06
     NUMBER OF SECURITIES TRANSACTED   1 000 000

     TOTAL RAND VALUE OF SECURITIES    R7 060 000.00

     NAME OF ASSOCIATE                 Letoit Trust
     RELATIONSHIP WITH DIRECTOR        Director is a trustee and
                                       beneficiary of the associate
     NATURE OF TRANSACTION             Acquisition (On-market
                                       transaction)
     NATURE AND EXTENT OF INTEREST     Indirect, Non-beneficial
     IN THE TRANSACTION
     CLEARANCE OBTAINED                Yes


DEALING IN SECURITIES BY A DIRECTOR

The disposals of PSG Konsult shares listed below were made, inter alia,
to settle share incentive scheme obligations of the directors in
question.

1.
     NAME OF DIRECTOR                  W Theron
     COMPANY OF WHICH I AM A           PSG Konsult Limited
     DIRECTOR
     STATUS: EXECUTIVE/NON-EXECUTIVE   Non-executive
     TYPE OF SECURITIES                Shares
     CLASS OF SECURITIES               Ordinary
     DATE OF TRANSACTION               24 May 2016
     CENTS PER SHARE                   R7.06
     NUMBER OF SECURITIES TRANSACTED   2 000 000
     TOTAL RAND VALUE OF SECURITIES    R14 120 000.00

     NATURE OF TRANSACTION             Disposal (On-market transaction)
     NATURE AND EXTENT OF INTEREST     Direct, Beneficial
     IN THE TRANSACTION
     CLEARANCE OBTAINED                Yes

2.
     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               24 May 2016
     CENTS PER SHARE                   R7.06
     NUMBER OF SECURITIES TRANSACTED   9 712 500

     TOTAL RAND VALUE OF SECURITIES    R68 570 250.00

     NATURE OF TRANSACTION             Disposal (On-market transaction)
     NATURE AND EXTENT OF INTEREST     Direct, Beneficial
     IN THE TRANSACTION
     CLEARANCE OBTAINED                Yes

3.
     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               24 May 2016
     CENTS PER SHARE                   R7.06
     NUMBER OF SECURITIES TRANSACTED   658 280

     TOTAL RAND VALUE OF SECURITIES    R4 647 456.80

     NATURE OF TRANSACTION             Disposal (On-market transaction)
     NATURE AND EXTENT OF INTEREST     Direct, Beneficial
     IN THE TRANSACTION
     CLEARANCE OBTAINED                Yes

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


DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

The disposals of PSG Konsult shares listed below were made, inter alia,
to settle share incentive scheme obligations of the directors in
question.

1.
     NAME OF DIRECTOR                       DPB Hugo
     COMPANY OF WHICH I AM A DIRECTOR       PSG Wealth Financial 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                    24 May 2016
     CENTS PER SHARE                        R7.06
     NUMBER OF SECURITIES TRANSACTED        1 486 493

     TOTAL RAND VALUE OF SECURITIES         R10 494 640.58

     NATURE OF TRANSACTION                  Disposal (On-market transaction)
     NATURE AND EXTENT OF INTEREST IN THE   Direct, Beneficial
     TRANSACTION
     CLEARANCE OBTAINED                     Yes

2.
     NAME OF DIRECTOR                       AM Ahern
     COMPANY OF WHICH I AM A DIRECTOR       PSG Asset Management 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                    24 May 2016
     CENTS PER SHARE                        R7.06                (1) & (2)

     NUMBER OF SECURITIES TRANSACTED        450 000                    (1)
                                            400 000                    (2)
     TOTAL RAND VALUE OF SECURITIES         R3 177 000.00              (1)
                                            R2 824 000.00              (2)

     NATURE OF TRANSACTION                  Disposal (On-market transaction)
                                            (1)
                                            Disposal (Off-market transaction)
                                            (2)
     NATURE AND EXTENT OF INTEREST IN THE   Direct, Beneficial
     TRANSACTION
     CLEARANCE OBTAINED                     Yes

3.
     NAME OF DIRECTOR                       NM Gudka
     COMPANY OF WHICH I AM A DIRECTOR       PSG Wealth Financial 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                    24 May 2016
     CENTS PER SHARE                        R7.06
     NUMBER OF SECURITIES TRANSACTED        650 000

     TOTAL RAND VALUE OF SECURITIES         R4 589 000.00

     NATURE OF TRANSACTION                  Disposal (On-market transaction)
     NATURE AND EXTENT OF INTEREST IN THE   Direct, Beneficial
     TRANSACTION
     CLEARANCE OBTAINED                     Yes

4.

     NAME OF DIRECTOR                       HP Visser
     COMPANY OF WHICH I AM A DIRECTOR       PSG Insure 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                    24 May 2016
     CENTS PER SHARE                        R7.06
     NUMBER OF SECURITIES TRANSACTED        1 250 000
     TOTAL RAND VALUE OF SECURITIES         R8 825 000.00

     NATURE OF TRANSACTION                  Disposal (On-market transaction)
     NATURE AND EXTENT OF INTEREST IN THE   Direct, Beneficial
     TRANSACTION
     CLEARANCE OBTAINED                     Yes

5.

     NAME OF DIRECTOR                       M Lansdell
     COMPANY OF WHICH I AM A DIRECTOR       PSG Life Limited (a major
                                            subsidiary of PSG Konsult)
     STATUS: EXECUTIVE/NON-EXECUTIVE        Executive
     TYPE OF SECURITIES                     Shares
     CLASS OF SECURITIES                    Ordinary
     DATE OF TRANSACTION                    24 May 2016
     CENTS PER SHARE                        R7.06
     NUMBER OF SECURITIES TRANSACTED        53 622

     TOTAL RAND VALUE OF SECURITIES         R378 571.32

     NATURE OF TRANSACTION                  Disposal (On-market transaction)
     NATURE AND EXTENT OF INTEREST IN THE   Direct, Beneficial
     TRANSACTION
     CLEARANCE OBTAINED                     Yes

6.

     NAME OF DIRECTOR                       C Bekker
     COMPANY OF WHICH I AM A DIRECTOR       PSG Life Limited (a major
                                            subsidiary of PSG Konsult)
     STATUS: EXECUTIVE/NON-EXECUTIVE        Executive
     TYPE OF SECURITIES                     Shares
     CLASS OF SECURITIES                    Ordinary
     DATE OF TRANSACTION                    24 May 2016
     CENTS PER SHARE                        R7.06
     NUMBER OF SECURITIES TRANSACTED        20 822

     TOTAL RAND VALUE OF SECURITIES         R147 003.32

     NATURE OF TRANSACTION                  Disposal (On-market transaction)
     NATURE AND EXTENT OF INTEREST IN THE   Direct, Beneficial
     TRANSACTION
     CLEARANCE OBTAINED                     Yes

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


DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF A MAJOR SUBSIDIARY

1.
     NAME OF DIRECTOR                     HP Visser
     COMPANY OF WHICH I AM A DIRECTOR     PSG Insure 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                  24 May 2016
     CENTS PER SHARE                      R7.06
     NUMBER OF SECURITIES TRANSACTED      4 000 000

     TOTAL RAND VALUE OF SECURITIES       R28 240 000.00

     NAME OF ASSOCIATE                    Nikadine Trust
     RELATIONSHIP WITH DIRECTOR           Director is a trustee and
                                          beneficiary of the associate
     NATURE OF TRANSACTION                Disposal (On-market transaction)
     NATURE AND EXTENT OF INTEREST        Indirect, Beneficial
     CLEARANCE OBTAINED                   Yes


Tyger Valley
24 May 2016

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

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