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Acceptance of Options in Terms of the PSG Konsult Group Share Incentive Trust
PSG FINANCIAL SERVICES LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 1993/003941/06
JSE Share Code: KST
NSX Share Code: KFS
SEM Share Code: PSGK.N0000
ISIN Code: ZAE000191417
LEI Code: 378900ECF3D86FD28194
("PSG Financial Services" or the "Company")
ACCEPTANCE OF OPTIONS IN TERMS OF THE PSG KONSULT GROUP SHARE
INCENTIVE TRUST
In compliance with the JSE Listings Requirements, the following information regarding
dealings in PSG Financial Services securities is disclosed:
1.
NAME OF DIRECTOR FJ Gouws
COMPANY OF WHICH A DIRECTOR PSG Financial Services Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2026
DATE OF ACCEPTANCE OF OPTIONS 23 April 2026
OPTION STRIKE PRICE R26.50 (PSG Financial Services' 30-day
volume weighted average traded price
prior to 1 April 2026)
NUMBER OF OPTIONS ACCEPTED 3 100 000
VESTING DATE OF OPTIONS Options vest in tranches of 33.33% each
on the 3rd, 4th and 5th anniversary of the
award
PERIOD OF EXERCISE Participants have a 5-month period from
the vesting date during which options can
be exercised
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme (Off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
2.
NAME OF DIRECTOR MIF Smith
COMPANY OF WHICH A DIRECTOR PSG Financial Services Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2026
DATE OF ACCEPTANCE OF OPTIONS 23 April 2026
OPTION STRIKE PRICE R26.50 (PSG Financial Services' 30-day
volume weighted average traded price
prior to 1 April 2026)
NUMBER OF OPTIONS ACCEPTED 900 000
VESTING DATE OF OPTIONS Options vest in tranches of 33.33% each
on the 3rd, 4th and 5th anniversary of the
award
PERIOD OF EXERCISE Participants have a 5-month period from
the vesting date during which options can
be exercised
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme (Off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
3.
NAME OF DIRECTOR JL Johannes
COMPANY OF WHICH A DIRECTOR PSG Financial Services Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2026
DATE OF ACCEPTANCE OF OPTIONS 23 April 2026
OPTION STRIKE PRICE R26.50 (PSG Financial Services' 30-day
volume weighted average traded price
prior to 1 April 2026)
NUMBER OF OPTIONS ACCEPTED 150 000
VESTING DATE OF OPTIONS Options vest in tranches of 33.33% each
on the 3rd, 4th and 5th anniversary of the
award
PERIOD OF EXERCISE Participants have a 5-month period from
the vesting date during which options can
be exercised
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme (Off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
4.
NAME OF DIRECTOR NM Gudka
COMPANY OF WHICH A DIRECTOR PSG Wealth Financial Planning
Proprietary Limited (a major subsidiary of
PSG Financial Services)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2026
DATE OF ACCEPTANCE OF OPTIONS 23 April 2026
OPTION STRIKE PRICE R26.50 (PSG Financial Services' 30-day
volume weighted average traded price
prior to 1 April 2026)
NUMBER OF OPTIONS ACCEPTED 900 000
VESTING DATE OF OPTIONS Options vest in tranches of 33.33% each
on the 3rd, 4th and 5th anniversary of the
award
PERIOD OF EXERCISE Participants have a 5-month period from
the vesting date during which options can
be exercised
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme (Off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
5.
NAME OF DIRECTOR EF Gibbens
COMPANY OF WHICH A DIRECTOR PSG Wealth Financial Planning
Proprietary Limited (a major subsidiary of
PSG Financial Services)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2026
DATE OF ACCEPTANCE OF OPTIONS 23 April 2026
OPTION STRIKE PRICE R26.50 (PSG Financial Services' 30-day
volume weighted average traded price
prior to 1 April 2026)
NUMBER OF OPTIONS ACCEPTED 750 000
VESTING DATE OF OPTIONS Options vest in tranches of 33.33% each
on the 3rd, 4th and 5th anniversary of the
award
PERIOD OF EXERCISE Participants have a 5-month period from
the vesting date during which options can
be exercised
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme (Off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
6.
NAME OF DIRECTOR EC de Waal
COMPANY OF WHICH A DIRECTOR PSG Wealth Holdings Proprietary Limited
(a major subsidiary of PSG Financial
Services)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2026
DATE OF ACCEPTANCE OF OPTIONS 23 April 2026
OPTION STRIKE PRICE R26.50 (PSG Financial Services' 30-day
volume weighted average traded price
prior to 1 April 2026)
NUMBER OF OPTIONS ACCEPTED 1 100 000
VESTING DATE OF OPTIONS Options vest in tranches of 33.33% each
on the 3rd, 4th and 5th anniversary of the
award
PERIOD OF EXERCISE Participants have a 5-month period from
the vesting date during which options can
be exercised
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme (Off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
7.
NAME OF DIRECTOR KW Madi
COMPANY OF WHICH A DIRECTOR PSG Life Limited (a major subsidiary of
PSG Financial Services)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2026
DATE OF ACCEPTANCE OF OPTIONS 23 April 2026
OPTION STRIKE PRICE R26.50 (PSG Financial Services' 30-day
volume weighted average traded price
prior to 1 April 2026)
NUMBER OF OPTIONS ACCEPTED 500 000
VESTING DATE OF OPTIONS Options vest in tranches of 33.33% each
on the 3rd, 4th and 5th anniversary of the
award
PERIOD OF EXERCISE Participants have a 5-month period from
the vesting date during which options can
be exercised
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme (Off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
8.
NAME OF DIRECTOR HKT Johns
COMPANY OF WHICH A DIRECTOR PSG Life Limited (a major subsidiary of
PSG Financial Services)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2026
DATE OF ACCEPTANCE OF OPTIONS 23 April 2026
OPTION STRIKE PRICE R26.50 (PSG Financial Services' 30-day
volume weighted average traded price
prior to 1 April 2026)
NUMBER OF OPTIONS ACCEPTED 150 000
VESTING DATE OF OPTIONS Options vest in tranches of 33.33% each
on the 3rd, 4th and 5th anniversary of the
award
PERIOD OF EXERCISE Participants have a 5-month period from
the vesting date during which options can
be exercised
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme (Off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
9.
NAME OF DIRECTOR LE Sankar
COMPANY OF WHICH A DIRECTOR PSG Asset Management Holdings
Proprietary Limited (a major subsidiary of
PSG Financial Services)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2026
DATE OF ACCEPTANCE OF OPTIONS 23 April 2026
OPTION STRIKE PRICE R26.50 (PSG Financial Services' 30-day
volume weighted average traded price
prior to 1 April 2026)
NUMBER OF OPTIONS ACCEPTED 500 000
VESTING DATE OF OPTIONS Options vest in tranches of 33.33% each
on the 3rd, 4th and 5th anniversary of the
award
PERIOD OF EXERCISE Participants have a 5-month period from
the vesting date during which options can
be exercised
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme (Off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
10.
NAME OF DIRECTOR CM Masondo
COMPANY OF WHICH A DIRECTOR PSG Insure Holdings Proprietary Limited
(a major subsidiary of PSG Financial
Services)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2026
DATE OF ACCEPTANCE OF OPTIONS 23 April 2026
OPTION STRIKE PRICE R26.50 (PSG Financial Services' 30-day
volume weighted average traded price
prior to 1 April 2026)
NUMBER OF OPTIONS ACCEPTED 500 000
VESTING DATE OF OPTIONS Options vest in tranches of 33.33% each
on the 3rd, 4th and 5th anniversary of the
award
PERIOD OF EXERCISE Participants have a 5-month period from
the vesting date during which options can
be exercised
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme (Off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
Tyger Valley
24 April 2026
JSE Sponsor: PSG Capital Proprietary Limited
NSX Sponsor: PSG Wealth Management (Namibia) Proprietary Limited, member of the
Namibian Stock Exchange
SEM authorised representative and SEM Sponsor: Perigeum Capital Ltd
This notice is issued pursuant to the JSE Listings Requirements and the SEM Listing Rules.
The board of directors of PSG Financial Services accepts full responsibility for the accuracy
of the information contained in this Communiqué.
Date: 24-04-2026 10:00:00
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