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Acceptance Of Options In Terms Of The PSG Konsult Group Share Incentive Trust
PSG KONSULT 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: ZAE000191417
(“PSG Konsult” or the “Company”)
ACCEPTANCE OF OPTIONS IN TERMS OF THE PSG KONSULT GROUP SHARE INCENTIVE TRUST
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the acceptance of options is disclosed:
1.
NAME OF DIRECTOR FJ Gouws
COMPANY OF WHICH A DIRECTOR PSG Konsult Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2019
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019
OPTION STRIKE PRICE R10.15 (PSG Konsult’s 30-day volume
weighted average traded price at 1 April
2019)
NUMBER OF OPTIONS ACCEPTED 4 000 000
TOTAL RAND VALUE OF OPTIONS R40 600 000.00
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
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 Konsult Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares
DATE OF AWARD OF OPTIONS 1 April 2019
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019
OPTION STRIKE PRICE R10.15 (PSG Konsult’s 30-day volume
weighted average traded price at 1 April
2019)
NUMBER OF OPTIONS ACCEPTED 1 000 000
TOTAL RAND VALUE OF OPTIONS R10 150 000.00
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
3.
NAME OF DIRECTOR NM Gudka
COMPANY OF WHICH A DIRECTOR PSG Wealth Financial Planning
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 OF OPTIONS 1 April 2019
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019
OPTION STRIKE PRICE R10.15 (PSG Konsult’s 30-day volume
weighted average traded price at 1 April
2019)
NUMBER OF OPTIONS ACCEPTED 1 000 000
TOTAL RAND VALUE OF OPTIONS R10 150 000.00
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
4.
NAME OF DIRECTOR DPB Hugo
COMPANY OF WHICH A DIRECTOR PSG Wealth Financial Planning
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 OF OPTIONS 1 April 2019
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019
OPTION STRIKE PRICE R10.15 (PSG Konsult’s 30-day volume
weighted average traded price at 1 April
2019)
NUMBER OF OPTIONS ACCEPTED 1 250 000
TOTAL RAND VALUE OF OPTIONS R12 687 500.00
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
5.
NAME OF DIRECTOR AM Ahern
COMPANY OF WHICH A DIRECTOR PSG Asset Management Holdings
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 OF OPTIONS 1 April 2019
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019
OPTION STRIKE PRICE R10.15 (PSG Konsult’s 30-day volume
weighted average traded price at 1 April
2019)
NUMBER OF OPTIONS ACCEPTED 1 000 000
TOTAL RAND VALUE OF OPTIONS R10 150 000.00
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
6.
NAME OF DIRECTOR HP Visser
COMPANY OF WHICH A DIRECTOR PSG Insure Holdings 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 OF OPTIONS 1 April 2019
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019
OPTION STRIKE PRICE R10.15 (PSG Konsult’s 30-day volume
weighted average traded price at 1 April
2019)
NUMBER OF OPTIONS ACCEPTED 1 000 000
TOTAL RAND VALUE OF OPTIONS R10 150 000.00
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
7.
NAME OF DIRECTOR M Lansdell
COMPANY OF WHICH A DIRECTOR PSG Wealth Holdings 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 OF OPTIONS 1 April 2019
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019
OPTION STRIKE PRICE R10.15 (PSG Konsult’s 30-day volume
weighted average traded price at 1 April
2019)
NUMBER OF OPTIONS ACCEPTED 1 000 000
TOTAL RAND VALUE OF OPTIONS R10 150 000.00
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
8.
NAME OF DIRECTOR E Wegner
COMPANY OF WHICH A DIRECTOR PSG Life 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 OF OPTIONS 1 April 2019
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019
OPTION STRIKE PRICE R10.15 (PSG Konsult’s 30-day volume
weighted average traded price at 1 April
2019)
NUMBER OF OPTIONS ACCEPTED 200 000
TOTAL RAND VALUE OF OPTIONS R2 030 000.00
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
9.
NAME OF DIRECTOR P Redshaw
COMPANY OF WHICH A DIRECTOR PSG Life 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 OF OPTIONS 1 April 2019
DATE OF ACCEPTANCE OF OPTIONS 23 April 2019
OPTION STRIKE PRICE R10.15 (PSG Konsult’s 30-day volume
weighted average traded price at 1 April
2019)
NUMBER OF OPTIONS ACCEPTED 300 000
TOTAL RAND VALUE OF OPTIONS R3 045 000.00
STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the
2nd, 3rd, 4th and 5th anniversary of the
award
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.
Tyger Valley
24 April 2019
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, SEM Listing Rule 15.24 and
the Mauritian Securities Act 2005. The board of directors of PSG Konsult accepts full
responsibility for the accuracy of the information contained in this Communiqué.
Date: 24/04/2019 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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