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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 14 May 2012
OPTION STRIKE PRICE R47.39
NUMBER OF OPTIONS ALLOCATED 112 842
TOTAL RAND VALUE OF OPTIONS R5 347 582.38
STRIKE DATES OF OPTIONS 28 February 2014; 28 February 2015;
28 February 2016; 28 February 2017*
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 Direct, beneficial
IN THE TRANSACTION
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 14 May 2012
OPTION STRIKE PRICE R47.39
NUMBER OF OPTIONS ALLOCATED 204 056
TOTAL RAND VALUE OF OPTIONS R9 670 213.84
STRIKE DATES OF OPTIONS 28 February 2014; 28 February 2015;
28 February 2016; 28 February 2017*
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 Direct, beneficial
IN THE TRANSACTION
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 14 May 2012
OPTION STRIKE PRICE R47.39
NUMBER OF OPTIONS ALLOCATED 90 718
TOTAL RAND VALUE OF OPTIONS R4 299 126.02
STRIKE DATES OF OPTIONS 28 February 2014; 28 February 2015;
28 February 2016; 28 February 2017*
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 Direct, beneficial
IN THE TRANSACTION
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 14 May 2012
OPTION STRIKE PRICE R47.39
NUMBER OF OPTIONS ALLOCATED 99 791
TOTAL RAND VALUE OF OPTIONS R4 729 095.49
STRIKE DATES OF OPTIONS 28 February 2014; 28 February 2015;
28 February 2016; 28 February 2017*
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 Direct, beneficial
IN THE TRANSACTION
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 14 May 2012
OPTION STRIKE PRICE R15.52
NUMBER OF OPTIONS EXERCISED 35 234
TOTAL RAND VALUE OF OPTIONS R546 841.55
STRIKE DATE OF OPTIONS 20 April 2012
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 14 May 2012
OPTION STRIKE PRICE R15.52
NUMBER OF OPTIONS EXERCISED 43 049
TOTAL RAND VALUE OF OPTIONS R668 132.53
STRIKE DATE OF OPTIONS 20 April 2012
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 14 May 2012
OPTION STRIKE PRICE R15.52
NUMBER OF OPTIONS EXERCISED 32 864
TOTAL RAND VALUE OF OPTIONS R510 058.48
STRIKE DATE OF OPTIONS 20 April 2012
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
Clearance to deal in these shares was obtained in accordance with Rule 3.66 of
the JSE Listings Requirements.
Stellenbosch
15 May 2012
Sponsor
PSG Capital
Date: 15/05/2012 15:53:01 Produced by the JSE SENS Department.
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