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PSG
PSG
PSG - PSG Group Limited - Acceptance and exercise 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 AND EXERCISE 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:
ACCEPTANCE OF OPTIONS:
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 10 May 2011
OPTION STRIKE PRICE R39.61
NUMBER OF OPTIONS ALLOCATED 301 859
TOTAL RAND VALUE OF OPTIONS R11 956 634.99
STRIKE DATES OF OPTIONS 28 February 2013; 28 February 2014;
28 February 2015; 28 February 2016*
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 F Mouton
COMPANY OF WHICH I AM A
DIRECTOR PSG Group 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 10 May 2011
OPTION STRIKE PRICE R39.61
NUMBER OF OPTIONS ALLOCATED 201 952
TOTAL RAND VALUE OF OPTIONS R7 999 318.72
STRIKE DATES OF OPTIONS 28 February 2013; 28 February 2014;
28 February 2015; 28 February 2016*
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 10 May 2011
OPTION STRIKE PRICE R39.61
NUMBER OF OPTIONS ALLOCATED 245 184
TOTAL RAND VALUE OF OPTIONS R9 711 738.24
STRIKE DATES OF OPTIONS 28 February 2013; 28 February 2014; 28
February 2015; 28 February 2016*
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
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 10 May 2011
OPTION STRIKE PRICE R39.61
NUMBER OF OPTIONS ALLOCATED 197 770
TOTAL RAND VALUE OF OPTIONS R7 833 669.70
STRIKE DATES OF OPTIONS 28 February 2013; 28 February 2014; 28
February 2015; 28 February 2016*
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 A E Jacobs
ACCOCIATE 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 10 May 2011
OPTION STRIKE PRICE R39.61
NUMBER OF OPTIONS ALLOCATED 22 650
TOTAL RAND VALUE OF OPTIONS R897 166.50
STRIKE DATES OF OPTIONS 28 February 2013; 28 February 2014;
28 February 2015; 28 February 2016*
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
EXERCISE OF OPTIONS:
NAME OF DIRECTOR P J Mouton
COMPANY OF WHICH I AM A
DIRECTOR PSG Group Limited
STATUS:EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Ordinary
DATE OF TRANSACTION 10 May 2011
OPTION STRIKE PRICE R15.52028
NUMBER OF OPTIONS EXERCISED 35 234
TOTAL RAND VALUE OF OPTIONS R546 841.54
STRIKE DATE OF OPTIONS 20 April 2011
PERIOD OF EXERCISE Participants have a 30-day period from the
strike date during which options can be
exercised
NAME OF ASSOCIATE Piet Mouton Trust
RELATIONSHIP WITH DIRECTOR Trustee and beneficiary
NATURE OF TRANSACTION Acquisition of shares in PSG Group through
the exercise of options
(Off-market transaction)
NATURE AND EXTENT OF INTEREST
IN THE TRANSACTION Indirect, beneficial
CLEARANCE OBTAINED Yes
NAME OF DIRECTOR W L Greeff
COMPANY OF WHICH I AM A
DIRECTOR PSG Group Limited
STATUS:EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Ordinary
DATE OF TRANSACTION 10 May 2011
OPTION STRIKE PRICE R15.52028
NUMBER OF OPTIONS EXERCISED 43 049
TOTAL RAND VALUE OF OPTIONS R668 132.53
STRIKE DATE OF OPTIONS 20 April 2011
PERIOD OF EXERCISE Participants have a 30-day period from the
strike date during which options can be
exercised
NAME OF ASSOCIATE Wynand Greeff Trust
RELATIONSHIP WITH DIRECTOR Trustee and beneficiary
NATURE OF TRANSACTION Acquisition of shares in PSG Group through
the exercise of options
(Off-market transaction)
NATURE AND EXTENT OF INTEREST
IN THE TRANSACTION Indirect, beneficial
CLEARANCE OBTAINED Yes
NAME OF DIRECTOR J A Holtzhausen
COMPANY OF WHICH I AM A
DIRECTOR PSG Group Limited
STATUS:EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Ordinary
DATE OF TRANSACTION 10 May 2011
OPTION STRIKE PRICE R15.52028
NUMBER OF OPTIONS EXERCISED 32 864
TOTAL RAND VALUE OF OPTIONS R510 058.48
STRIKE DATE OF OPTIONS 20 April 2011
PERIOD OF EXERCISE Participants have a 30-day period from the
strike date during which options can be
exercised
NATURE OF TRANSACTION Acquisition of shares in PSG Group through
the exercise of options
(Off-market transaction)
NATURE AND EXTENT OF INTEREST
IN THE TRANSACTION Direct, beneficial
CLEARANCE OBTAINED Yes
NAME OF DIRECTOR A E Jacobs
ACCOCIATE COMPANY OF WHICH I
AM A DIRECTOR Zeder Investments Limited
STATUS:EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Ordinary
DATE OF TRANSACTION 10 May 2011
OPTION STRIKE PRICE R15.52028
NUMBER OF OPTIONS EXERCISED 33 152
TOTAL RAND VALUE OF OPTIONS R514 528.32
STRIKE DATE OF OPTIONS 20 April 2011
PERIOD OF EXERCISE Participants have a 30-day period from the
strike date during which options can be
exercised
NAME OF ASSOCIATE A & L Trust
RELATIONSHIP WITH DIRECTOR Trustee and beneficiary
NATURE OF TRANSACTION Acquisition of shares in PSG Group through
the exercise of options
(Off-market transaction)
NATURE AND EXTENT OF INTEREST
IN THE TRANSACTION Indirect, beneficial
CLEARANCE OBTAINED Yes
Clearance to deal in these shares was obtained in accordance with Rule 3.66 of
the JSE Listings Requirements.
Stellenbosch
12 May 2011
Sponsor
PSG Capital
Date: 12/05/2011 17:36:01 Produced by the JSE SENS Department.
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