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PSG KONSULT LIMITED - Dealings In PSG Konsult Shares

Release Date: 18/05/2017 17:15
Code(s): KST     PDF:  
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Dealings In PSG Konsult Shares

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”)

DEALINGS IN PSG KONSULT SHARES

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 Limited
     DIRECTOR
     STATUS: EXECUTIVE/NON-        Executive
     EXECUTIVE
     TYPE OF SECURITIES            Shares
     CLASS OF SECURITIES           Ordinary
     DATE OF TRANSACTION           18 May 2017
     OPTION STRIKE PRICE           R2.83                             (1)
                                   R5.06                             (2)
                                   R7.27                             (3)

     NUMBER OF OPTIONS EXERCISED   3 125 000                         (1)
                                   1 587 500                         (2)
                                     223 797                         (3)

     TOTAL RAND VALUE OF OPTIONS   R8 843 750.00                     (1)
                                   R8 032 750.00                     (2)
                                   R1 627 004.19                     (3)

     STRIKE DATE OF OPTIONS        1 March 2013                      (1)
                                   1 March 2014                      (2)
                                   1 April 2015                      (3)

     PERIOD OF EXERCISE            14 April 2017 to 15 August 2017   (1)-(3)
     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           18 May 2017
     OPTION STRIKE PRICE           R2.83                             (1)
                                   R5.06                             (2)
                                   R7.27                             (3)

     NUMBER OF OPTIONS EXERCISED   250 000                           (1)
                                   450 000                           (2)
                                   177 390                           (3)

     TOTAL RAND VALUE OF OPTIONS   R 707 500.00                      (1)
                                   R2 277 000.00                     (2)
                                   R1 289 625.30                     (3)

     STRIKE DATE OF OPTIONS        1 March 2013                      (1)
                                   1 March 2014                      (2)
                                   1 April 2015                      (3)

     PERIOD OF EXERCISE            14 April 2017 to 15 August 2017   (1)-(3)

     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           18 May 2017
     OPTION STRIKE PRICE           R2.83

     NUMBER OF OPTIONS EXERCISED   750 000

     TOTAL RAND VALUE OF OPTIONS   R2 122 500.00

     STRIKE DATE OF OPTIONS        1 March 2013

     PERIOD OF EXERCISE            14 April 2017 to 15 August 2017

     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           18 May 2017
     OPTION STRIKE PRICE           R2.83                             (1)
                                   R5.06                             (2)
                                   R7.27                             (3)

     NUMBER OF OPTIONS EXERCISED   1 250 000                         (1)
                                     562 500                         (2)
                                      92 607                         (3)
     TOTAL RAND VALUE OF OPTIONS   R3 537 500.00                     (1)
                                   R2 846 250.00                     (2)
                                   R 673 252.89                      (3)

     STRIKE DATE OF OPTIONS        1 March 2013                      (1)
                                   1 March 2014                      (2)
                                   1 April 2015                      (3)

     PERIOD OF EXERCISE            14 April 2017 to 15 August 2017   (1)-(3)
     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           18 May 2017
     OPTION STRIKE PRICE           R2.83                           (1)
                                   R5.06                           (2)
                                   R7.27                           (3)

     NUMBER OF OPTIONS EXERCISED   750 000                         (1)
                                   500 000                         (2)
                                    89 202                         (3)

     TOTAL RAND VALUE OF OPTIONS   R2 122 500.00                   (1)
                                   R2 530 000.00                   (2)
                                   R 648 498.54                    (3)

     STRIKE DATE OF OPTIONS        1 March 2013                    (1)
                                   1 March 2014                    (2)
                                   1 April 2015                    (3)

     PERIOD OF EXERCISE            14 April 2017 to 15 August      (1)-(3)
                                   2017
     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           18 May 2017
     OPTION STRIKE PRICE           R2.83                             (1)
                                   R5.06                             (2)
                                   R7.27                             (3)

     NUMBER OF OPTIONS EXERCISED   750 000                           (1)
                                   500 000                           (2)
                                    86 107                           (3)

     TOTAL RAND VALUE OF OPTIONS   R2 122 500.00                     (1)
                                   R2 530 000.00                     (2)
                                   R 625 997.89                      (3)

     STRIKE DATE OF OPTIONS        1 March 2013                      (1)
                                   1 March 2014                      (2)
                                   1 April 2015                      (3)

     PERIOD OF EXERCISE            14 April 2017 to 15 August 2017   (1)-(3)

     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           18 May 2017
     OPTION STRIKE PRICE           R2.83                             (1)
                                   R5.06                             (2)
                                   R7.27                             (3)

     NUMBER OF OPTIONS EXERCISED   625 000                           (1)
                                   450 000                           (2)
                                   146 424                           (3)

     TOTAL RAND VALUE OF OPTIONS   R1 768 750.00                     (1)
                                   R2 277 000.00                     (2)
                                   R1 064 502.48                     (3)

     STRIKE DATE OF OPTIONS        1 March 2013                      (1)
                                   1 March 2014                      (2)
                                   1 April 2015                      (3)

     PERIOD OF EXERCISE            14 April 2017 to 15 August 2017   (1)-(3)

     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 Wealth 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           18 May 2017
     OPTION STRIKE PRICE           R5.06                             (1)
                                   Rnil                              (2)
                                   R7.27                             (3)

     NUMBER OF OPTIONS EXERCISED   25 000                            (1)
                                   80 000                            (2)
                                   75 000                            (3)

     TOTAL RAND VALUE OF OPTIONS   R126 500.00                       (1)
                                   Rnil                              (2)
                                   R545 250.00                       (3)

     STRIKE DATE OF OPTIONS        1 March 2014                      (1)
                                   1 April 2014                      (2)
                                   1 April 2015                      (3)

     PERIOD OF EXERCISE            14 April 2017 to 15 August 2017   (1)-(3)

     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.


DEALINGS IN SECURITIES BY DIRECTORS

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               18 May 2017
     CENTS PER SHARE                   R8.10
     NUMBER OF SECURITIES TRANSACTED   500 000

     TOTAL RAND VALUE OF SECURITIES    R4 050 000.00

     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               18 May 2017
     CENTS PER SHARE                   R8.10
     NUMBER OF SECURITIES TRANSACTED   3 758 623

     TOTAL RAND VALUE OF SECURITIES    R30 444 846.30

     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               18 May 2017
     CENTS PER SHARE                   R8.10
     NUMBER OF SECURITIES TRANSACTED   877 390

     TOTAL RAND VALUE OF SECURITIES    R7 106 859.00

     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.

DEALINGS IN SECURITIES BY DIRECTORS OF MAJOR SUBSIDIARIES

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                      18 May 2017
     CENTS PER SHARE                          R8.10
     NUMBER OF SECURITIES TRANSACTED          1 336 478

     TOTAL RAND VALUE OF SECURITIES           R10 825 471.80

     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                      18 May 2017
     CENTS PER SHARE                          R8.10              (1) & (2)
     NUMBER OF SECURITIES TRANSACTED          530 487                    (1)
                                              125 000                    (2)

     TOTAL RAND VALUE OF SECURITIES           R4 296 944.70              (1)
                                              R1 012 500.00              (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                      18 May 2017
     CENTS PER SHARE                          R8.10
     NUMBER OF SECURITIES TRANSACTED          700 000

     TOTAL RAND VALUE OF SECURITIES           R5 670 000.00

     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                     18 May 2017
     CENTS PER SHARE                         R8.10
     NUMBER OF SECURITIES TRANSACTED         1 336 107

     TOTAL RAND VALUE OF SECURITIES          R10 822 466.70

     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 Wealth 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                     18 May 2017
     CENTS PER SHARE                         R8.10
     NUMBER OF SECURITIES TRANSACTED         126 613

     TOTAL RAND VALUE OF SECURITIES          R1 025 565.30

     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


     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                     18 May 2017
     CENTS PER SHARE                         R8.10
     NUMBER OF SECURITIES TRANSACTED         1 500 000

     TOTAL RAND VALUE OF SECURITIES          R12 150 000.00

     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

DEALING IN SECURITIES BY A SHARE INCENTIVE SCHEME

In compliance with paragraph 14.9(d) of Schedule 14 and rules 3.63 to
3.74 of the JSE Limited Listings Requirements, the following information,
relating to the dealing in PSG Konsult securities by the trustees of the
PSG Konsult Group Share Incentive Trust is disclosed:

     NAME OF SCHEME                          PSG Konsult Group Share Incentive
                                             Trust
     COMPANY TO WHICH THE SCHEME             PSG Konsult Limited
     RELATES
     TYPE OF SECURITIES                      Shares
     CLASS OF SECURITIES                     Ordinary
     DATE OF TRANSACTION                     18 May 2017
     CENTS PER SHARE                         R8.10
     NUMBER OF SECURITIES TRANSACTED         10 367 198
     TOTAL RAND VALUE OF SECURITIES          R83 974 303.80
     NATURE OF TRANSACTION                   Purchase of shares by the PSG
                                             Konsult Group Share Incentive
                                             Trust to enable it to comply with
                                             its obligations in terms of the
                                             Share Incentive Scheme (On-market
                                             transaction)

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

Tyger Valley
18 May 2017

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

Date: 18/05/2017 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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