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Fri 7 May 2010, 10:11 PSG - PSG Group Limited - Acceptance of options by directors in terms of the PSG
PSG
PSG                                                                             
PSG - PSG Group Limited - Acceptance of options by directors in terms of the PSG
Group limited supplementary share incentive trust                               
PSG Group Limited                                                               
Incorporated in the Republic of South Africa                                    
(Registration number: 1970/008484/06)                                           
Share code: PSG                                                                 
ISIN code: ZAE000013017                                                         
ACCEPTANCE OF OPTIONS BY DIRECTORS IN TERMS OF THE PSG GROUP LIMITED            
SUPPLEMENTARY SHARE INCENTIVE TRUST                                             
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, 
the following information is disclosed:                                         
NAME OF DIRECTOR                  P J Mouton                                    
COMPANY OF WHICH I AM A                                                         
DIRECTOR                          PSG Group Limited                             
STATUS:EXECUTIVE/NON-EXECUTIVE    Executive                                     
TYPE OF SECURITIES                Options to subscribe for ordinary             
                                  shares in the share capital of PSG            
                                  Group Limited                                 
DATE OF SHARE OPTION ACCEPTANCE   6 May 2010                                    
OPTION STRIKE PRICE (CENTS)       2 209                                         
NUMBER OF OPTIONS ALLOCATED       151 086                                       
TOTAL RAND VALUE OF OPTIONS       R3 337 489.74                                 
STRIKE DATES OF OPTIONS           28 February 2012; 28 February                 
2013;                                         
                                  28 February 2014; 28 February                 
                                  2015*                                         
PERIOD OF EXERCISE                Participants have a 30 day period             
from the respective strike dates              
                                  during which options can be                   
                                  exercised                                     
NATURE OF TRANSACTION             Acceptance of options to subscribe            
for ordinary shares in terms of a             
                                  share incentive scheme (off-market            
                                  transaction)                                  
NATURE AND EXTENT OF INTEREST                                                   
IN THE TRANSACTION                Direct beneficial                             
CLEARANCE OBTAINED                Yes                                           
The options will vest in 4 tranches of 25% each on the strike dates specified   
above                                                                           
NAME OF DIRECTOR                  W L Greeff                                    
COMPANY OF WHICH I AM A                                                         
DIRECTOR                          PSG Group Limited                             
STATUS:EXECUTIVE/NON-EXECUTIVE    Executive                                     
TYPE OF SECURITIES                Options to subscribe for ordinary             
                                  shares in the share capital of PSG            
                                  Group Limited                                 
DATE OF SHARE OPTION ACCEPTANCE   6 May 2010                                    
OPTION STRIKE PRICE (CENTS)       2 209                                         
NUMBER OF OPTIONS ALLOCATED       26 686                                        
TOTAL RAND VALUE OF OPTIONS       R589 493.74                                   
STRIKE DATES OF OPTIONS           28 February 2012; 28 February                 
2013;    28 February 2014; 28                 
                                  February 2015*                                
PERIOD OF EXERCISE                Participants have a 30 day period             
                                  from the respective strike dates              
during which options can be                   
                                  exercised                                     
NATURE OF TRANSACTION             Acceptance of options to subscribe            
                                  for ordinary shares in terms of a             
share incentive scheme (off-market            
                                  transaction)                                  
NATURE AND EXTENT OF INTEREST                                                   
IN THE TRANSACTION                Direct beneficial                             
CLEARANCE OBTAINED                Yes                                           
The options will vest in 4 tranches of 25% each on the strike dates specified   
above                                                                           
NAME OF DIRECTOR                  J A Holtzhausen                               
MAJOR SUBSIDIARY COMPANY OF                                                     
WHICH I AM A DIRECTOR             Paladin Capital Limited                       
STATUS:EXECUTIVE/NON-EXECUTIVE    Non-Executive                                 
TYPE OF SECURITIES                Options to subscribe for ordinary             
shares in the share capital of PSG            
                                  Group Limited                                 
DATE OF SHARE OPTION ACCEPTANCE   6 May 2010                                    
OPTION STRIKE PRICE (CENTS)       2 209                                         
NUMBER OF OPTIONS ALLOCATED       154 982                                       
TOTAL RAND VALUE OF OPTIONS       R3 423 552.38                                 
STRIKE DATES OF OPTIONS           28 February 2012; 28 February                 
                                  2013; 28 February 2014; 28                    
February 2015*                                
PERDIOD OF EXERCISE               Participants have a 30 day period             
                                  from the respective strike dates              
                                  during which options can be                   
exercised                                     
NATURE OF TRANSACTION             Acceptance of options to subscribe            
                                  for ordinary shares in terms of a             
                                  share incentive scheme (off-market            
transaction)                                  
NATURE AND EXTENT OF INTEREST                                                   
IN THE TRANSACTION                Direct beneficial                             
CLEARANCE OBTAINED                Yes                                           
The options will vest in 4 tranches of 25% each on the strike dates specified   
above                                                                           
NAME OF DIRECTOR                  A E Jacobs                                    
ASSOCIATE COMPANY OF WHICH I AM                                                 
A DIRECTOR                        Zeder Investments Limited                     
STATUS:EXECUTIVE/NON-EXECUTIVE    Executive                                     
TYPE OF SECURITIES                Options to subscribe for ordinary             
                                  shares in the share capital of PSG            
Group Limited                                 
DATE OF SHARE OPTION ACCEPTANCE   6 May 2010                                    
OPTION STRIKE PRICE (CENTS)       2 209                                         
NUMBER OF OPTIONS ALLOCATED       20 020                                        
TOTAL RAND VALUE OF OPTIONS       R442 241.80                                   
STRIKE DATES OF OPTIONS           28 February 2012; 28 February                 
                                  2013;                                         
                                  28 February 2014; 28 February                 
2015*                                         
PERIOD OF EXERCISE                Participants have a 30 day period             
                                  from the respective strike dates              
                                  during which options can be                   
exercised                                     
NATURE OF TRANSACTION             Acceptance of options to subscribe            
                                  for ordinary shares in terms of a             
                                  share incentive scheme (off-market            
transaction)                                  
NATURE AND EXTENT OF INTEREST                                                   
IN THE TRANSACTION                Direct beneficial                             
CLEARANCE OBTAINED                Yes                                           
The options will vest in 4 tranches of 25% each on the strike dates specified   
above                                                                           
Stellenbosch                                                                    
7 May 2010                                                                      
Sponsor                                                                         
PSG Capital (Pty) Limited                                                       
Date: 07/05/2010 10:11:01 Produced by the JSE SENS Department.                  
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