Sharenet Sites 
Sharenet Sites
Results Of The Annual General Meeting Of PSG Group And Updated Sum-Of-The-Parts Value Per Share
PSG Group Limited
Incorporated in the Republic of South Africa
Registration number: 1970/008484/06
JSE Limited (“JSE”) share code: PSG
ISIN code: ZAE000013017
(“PSG Group” or “the Company”)
PSG Financial Services Limited
Incorporated in the Republic of South Africa
Registration number: 1919/000478/06
JSE share code: PGFP
ISIN code: ZAE000096079
RESULTS OF THE ANNUAL GENERAL MEETING OF PSG GROUP AND UPDATED SUM-OF-THE-PARTS VALUE PER SHARE
1. RESULTS OF THE ANNUAL GENERAL MEETING OF PSG GROUP
Shareholders are hereby advised that all of the ordinary and special resolutions tabled at the annual
general meeting of PSG Group held on 23 June 2017 at Spier Wine Estate, Baden Powell Drive, Stellenbosch
were passed by the requisite majority. The detailed voting results of the annual general meeting are set
out below:
Votes for Votes against Number of Number of Number of
resolution as a resolution as a shares voted at shares voted as shares
percentage of percentage of the annual a percentage of abstained as a
total number of total number of general meeting the votes percentage of
shares voted at shares voted at exercisable at the votes
the annual the annual the annual exercisable at
general meeting general meeting general meeting the annual
(%) (%) (%) general meeting
(%)
Ordinary 88.09 11.91 170 312 704 78.29 0.18
Resolution Number
1: To re-elect Mr
PE Burton as
director
Ordinary 91.22 8.78 170 391 873 78.33 0.14
Resolution Number
2: To re-elect Mr
FJ Gouws as
director
Ordinary 91.25 8.75 170 391 873 78.33 0.14
Resolution Number
3: To re-elect Mr
MJ Jooste as
director
Ordinary 90.63 9.37 170 391 873 78.33 0.14
Resolution Number
4: To re-appoint
Mr PE Burton as a
member of the
audit and risk
committee
Ordinary 100.00 - 170 312 704 78.29 0.18
Resolution Number
5: To re-appoint
Ms B Mathews as a
member of the
audit and risk
committee
Ordinary 85.27 14.73 170 391 873 78.33 0.14
Resolution Number
6: To re-appoint
Mr CA Otto as a
member of the
audit and risk
committee
Ordinary 91.30 8.70 170 407 147 78.33 0.14
Resolution Number
7: To re-appoint
PricewaterhouseCoo
pers Inc as the
auditor
Ordinary 83.53 16.47 170 368 526 78.32 0.16
Resolution Number
8: Non-binding
endorsement of PSG
Group’s
remuneration
policy
Ordinary 98.84 1.16 170 368 554 78.32 0.16
Resolution Number
9: General
authority to issue
ordinary shares
for cash
Special Resolution 99.94 0.06 170 355 122 78.31 0.16
Number 1:
Remuneration of
non-executive
directors
Special Resolution 99.98 0.02 170 367 565 78.32 0.16
Number 2: Inter-
company financial
assistance
Special Resolution 99.98 0.02 170 367 565 78.32 0.16
Number 3:
Financial
assistance for
acquisition of
shares in a
related or inter-
related company
Special Resolution 98.51 1.49 170 383 560 78.32 0.15
Number 4: Share
buy-back by PSG
Group and its
subsidiaries
The investor presentation made at the annual general meeting is available on PSG Group’s website
(www.psggroup.co.za).
2. UPDATED SUM-OF-THE-PARTS VALUE PER SHARE
PSG Group, an investment holding company, continues to use the sum-of-the-parts (“SOTP”) value to provide
management and investors with a realistic and transparent way of valuing PSG Group. The calculation of
the SOTP value is simple and requires limited subjectivity as approximately 91% of the value is calculated
using JSE-listed share prices, while other assets and liabilities are included at market-related
valuations.
As previously communicated, in order to provide investors with an up to date indicative SOTP value, PSG
Group’s website (www.psggroup.co.za) contains an online tool whereby PSG Group’s SOTP value is calculated
based on approximately 15-minute delayed JSE-listed share prices for its listed investments, while all
other information is updated as and when required. PSG Group management consequently would like to advise
that the other information has been updated and that as at the close of business on 19 June 2017, the
SOTP value per PSG Group share was R243.83.
The information provided is for general information purposes only and does not constitute an offer to
sell any securities or constitute investment advice relating to securities or a representation that the
security is a suitable or appropriate investment for any person or warrants any share price value in any
form. Investors are advised to give independent consideration to and conduct independent investigation
with regards to this information and the value of PSG Group shares, and to obtain investment advice from
their independent financial advisors.
The information contained in this announcement has not been reviewed or reported on by the auditor of PSG
Group.
23 June 2017
Stellenbosch
Sponsor
PSG Capital
Date: 23/06/2017 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
