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CURRO HOLDINGS LIMITED - Shares received pursuant to PSG Group Limiteds unbundling of Curro shares

Release Date: 14/09/2022 13:21
Code(s): COH     PDF:  
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Shares received pursuant to PSG Group Limited’s unbundling of Curro shares

CURRO HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/025801/06)
JSE Share Code: COH
LEI: 378900E237CB40F0BF96
ISIN: ZAE000156253
(“Curro” or “the Company”)

SHARES RECEIVED PURSUANT TO PSG GROUP LIMITED’S UNBUNDLING OF CURRO
SHARES

Shareholders are referred to the finalisation announcement published on the Stock Exchange
News Service (“SENS”) of the JSE Limited (“JSE”) on 25 August 2022 by PSG Group Limited
(“PSG Group”), regarding the proposed restructure of PSG Group, including the pro rata
distribution in specie of PSG Group’s shareholding in Curro to PSG Group shareholders
(“Unbundling”). Certain directors of Curro (and/or their associates) hold PSG Group shares
and, accordingly, upon implementation of the Unbundling on 12 September 2022, received
Curro shares in the same ratio and on the same basis applicable to all PSG Group
shareholders, with no election or discretion having been exercised by the directors (and/or
their associates) in this regard. Applicable details regarding the directors (and/or their
associates) in question and the Curro shares unbundled to them, appear below.

1.
 NAME OF DIRECTOR                   Andries Jacobus Ferdinandus Greyling

 COMPANY OF WHICH A DIRECTOR        Curro Holdings Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE    Executive

 TYPE AND CLASS OF SECURITIES       Ordinary shares

 DATE OF TRANSACTION                12 September 2022

 PRICE PER SECURITY                 R9.88*

 NUMBER OF SECURITIES               1 134

 TOTAL RAND VALUE OF SECURITIES     R11 203.92

 NAME OF ASSOCIATE                  Greyling Familie Trust

 RELATIONSHIP WITH DIRECTOR         Director is a trustee and beneficiary of the
                                    associate

 NATURE OF TRANSACTION              Off-market receipt of Curro shares
                                    pursuant to the Unbundling

 NATURE AND EXTENT OF INTEREST IN   Indirect, beneficial
 THE TRANSACTION

 CLEARANCE OBTAINED                 Not applicable


2.
 NAME OF DIRECTOR                   Petrus Johannes Mouton

 COMPANY OF WHICH A DIRECTOR        Curro Holdings Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE    Non-Executive

 TYPE AND CLASS OF SECURITIES       Ordinary shares

 DATE OF TRANSACTION                12 September 2022

 PRICE PER SECURITY                 R9.88*

 NUMBER OF SECURITIES               57 066                                      (1)
                                    72 675                                      (2)
                                    164 935                                     (3)
                                    278 224                                     (4)
                                    278 224                                     (5)
                                    278 224                                     (6)
                                    1 337 855                                   (7)
                                    404 354                                     (8)
                                    8 095 892                                   (9)
                                    76 823 152                                 (10)

 TOTAL RAND VALUE OF SECURITIES     R563 812.08                                 (1)
                                    R718 029.00                                 (2)
                                    R1 629 557.80                               (3)
                                    R2 748 853.12                               (4)
                                    R2 748 853.12                               (5)
                                    R2 748 853.12                               (6)
                                    R13 218 007.40                              (7)
                                    R3 995 017.52                               (8)
                                    R79 987 412.96                              (9)
                                    R759 012 741.76                            (10)

 NAME OF ASSOCIATES                 Stephanie Mouton Trust                      (1)
                                    Stephanie Mouton                            (2)
                                    Not applicable                              (3)
                                    Juan Mouton Trust                           (4)
                                    Pieter Mouton Trust                         (5)
                                    Die Francois Fouche Mouton Trust            (6)
                                    Klipbank Beleggings (Pty) Ltd               (7)
                                    Dana Mouton Trust                           (8)
                                    Jufrapi Investments (Pty) Ltd               (9)
                                    JF Mouton Familietrust                     (10)

 RELATIONSHIP WITH DIRECTOR         The director is a trustee and discretionary
                                    beneficiary of the associate           (1,8,10)
                                    Spouse of director                          (2)
                                    Director in own name                        (3)
                                    The director is a trustee of the associate
                                                                              (4-6)
                                    The director is a director of the associate and
                                    a trustee and discretionary beneficiary of a
                                    shareholder in the associate              (7,9)

 NATURE OF TRANSACTION              Off-market receipt of Curro shares pursuant to
                                    the Unbundling                           (1-10)

 NATURE AND EXTENT OF INTEREST IN   Indirect, beneficial                   (1,7-10)
 THE TRANSACTION                    Indirect, non-beneficial                (2,4-6)
                                    Direct, beneficial                          (3)

 CLEARANCE OBTAINED                 Not applicable


3.
 NAME OF DIRECTOR                   Susan Louise Botha

 COMPANY OF WHICH A DIRECTOR        Curro Holdings Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE    Independent Non-Executive

 TYPE AND CLASS OF SECURITIES       Ordinary shares

 DATE OF TRANSACTION                12 September 2022

 PRICE PER SECURITY                 R9.88*

 NUMBER OF SECURITIES               18 159

 TOTAL RAND VALUE OF SECURITIES     R179 410.92

 NATURE OF TRANSACTION              Off-market receipt of Curro shares pursuant to
                                    the Unbundling

 NATURE AND EXTENT OF INTEREST IN   Direct, beneficial
 THE TRANSACTION

 CLEARANCE OBTAINED                 Not applicable


4.
 NAME OF DIRECTOR                   Thembalihle Phillip Baloyi

 COMPANY OF WHICH A DIRECTOR        Curro Holdings Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE    Independent Non-Executive

 TYPE AND CLASS OF SECURITIES       Ordinary shares

 DATE OF TRANSACTION                12 September 2022

 PRICE PER SECURITY                 R9.88*

 NUMBER OF SECURITIES               998                                         (1)
                                    1 585                                       (2)

 TOTAL RAND VALUE OF SECURITIES     R9 860.24                                   (1)
                                    R15 659.80                                  (2)

 NAME OF ASSOCIATE                  Not applicable                              (1)
                                    Kereng Yvonne Baloyi                        (2)

 RELATIONSHIP WITH DIRECTOR         Director in own name                        (1)
                                    Spouse of director                          (2)

 NATURE OF TRANSACTION              Off-market receipt of Curro shares pursuant to
                                    the Unbundling                            (1-2)

 NATURE AND EXTENT OF INTEREST IN   Direct, beneficial                          (1)
 THE TRANSACTION                    Indirect, non-beneficial                    (2)

 CLEARANCE OBTAINED                 Not applicable


*The closing price of Curro shares on the record date for the Unbundling, being 9 September
2022.

Durbanville
14 September 2022

Sponsor
PSG Capital

Date: 14-09-2022 01:21:00
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