Recent Insider Transactions • Jun 07
Chief Transformation Officer recently bought R439k worth of stock On the 5th of June, Janine Johannes bought around 16k shares on-market at roughly R28.26 per share. This transaction amounted to 9.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth R9.6m. Insiders have collectively bought R10m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 31
Independent Non-Executive director recently bought R9.6m worth of stock On the 25th of May, Petrus Mouton bought around 338k shares on-market at roughly R28.32 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Mar 23
PSG Financial Services Limited to Report Fiscal Year 2026 Results on Apr 16, 2026 PSG Financial Services Limited announced that they will report fiscal year 2026 results on Apr 16, 2026 Announcement • Mar 14
PSG Financial Services Limited and PSG Treasury Limited Announce Changes to Board of Directors and Board Committees PSG Financial Services Limited announced that Dr Christopher Loewald has been appointed as an independent non-executive director of the Company and as a member of the Company’s audit committee and risk committee, with effect from September 1, 2026, subject to regulatory approval. Dr Loewald holds a Ph.D. and Master’s degree in International Economics and European Studies from John Hopkins University of Advanced International Studies. He also holds a Bachelor of Arts degree in Political Science. Dr Loewald served as Chief Economist of the South African Reserve Bank and member of the Monetary Policy Committee until his early retirement on March 1, 2026. As Chief Economist, he led the SARB’s Economic Research Department responsible for forecasting, global economic analysis, climate change-related research and policy development. Prior to joining the SARB in 2011, he spent 13 years at National Treasury, where he was responsible for developing South Africa’s macroeconomic policy, serving on joint committees of the SARB and National Treasury to facilitate policy coordination. Ms. Lizé Lambrechts, an independent non-executive director and member of the Company’s nominations committee, will (in addition to assuming the role of independent non-executive chairperson of the Board) succeed Mr. Willem Theron as chairperson of the nominations committee, following Willem’s retirement at the annual general meeting of the Company due to be held on or about July 23, 2026, as communicated to shareholders in an announcement dated February 12, 2026. Lizé will also step down as a member of the Company’s audit committee immediately prior to the commencement of the AGM. The Treasury Board advised that Mr. Willem Theron, the current non-executive chairperson of PSG Treasury, will retire from the Treasury Board, with effect from the conclusion of the PSG Financial Services AGM. The Treasury Board of PSG Treasury Limited announced that Ms. Lizé Lambrechts has been appointed as an independent non-executive director and chairperson of the Treasury Board, following Willem’s retirement, with effect from the conclusion of the PSG Financial Services AGM. Lizé qualified as an actuary and holds a BSc Hons (cum laude) degree in applied mathematics from the University of Stellenbosch. She has extensive experience in the financial services industry and has fulfilled various senior executive roles within the Sanlam Group. She served for 12 years as the Chief Executive of Sanlam Personal Finance whereafter she assumed the role of Santam’s Chief Executive Officer for 7 years. Lizé also served as chairperson of the South African Insurance Association and Life Offices Association. Lizé’s appointment was made in accordance with PSG Financial Services’ policy on the selection and succession planning of directors. Announcement • Feb 12
PSG Financial Services Limited, Annual General Meeting, Jul 23, 2026 PSG Financial Services Limited, Annual General Meeting, Jul 23, 2026. Announcement • Sep 29
PSG Financial Services Limited to Report First Half, 2026 Results on Oct 16, 2025 PSG Financial Services Limited announced that they will report first half, 2026 results on Oct 16, 2025 Announcement • May 28
PSG Financial Services Limited, Annual General Meeting, Jul 24, 2025 PSG Financial Services Limited, Annual General Meeting, Jul 24, 2025. Announcement • Apr 17
PSG Financial Services Limited Declares Final Gross Dividend for the Year Ended 28 February 2025, Payable on 12 May 2025 Considering the strong cash position, the board of PSG Financial Services Limited declared a final gross dividend of ZAR 35.0 cents per share from income reserves for the year ended 28 February 2025 (2024: ZAR 28.5 cents per share). This brings the total dividend distribution to shareholders to ZAR 52.0 cents per share (2024: ZAR 42.0 cents per share) for the full year, reflecting the group's sound financial position and confidence in its prospects. The group's dividend pay-out ratio remains between 40% to 60% of full year recurring headline earnings excluding intangible asset amortisation. Declaration date: 16 April 2025; Trading ex-dividend commences: 7 May 2025; Record date: 9 May 2025; Date of payment: 12 May 2025. Announcement • Mar 31
PSG Financial Services Limited to Report Fiscal Year 2025 Results on Apr 16, 2025 PSG Financial Services Limited announced that they will report fiscal year 2025 results on Apr 16, 2025 Declared Dividend • Oct 20
First half dividend increased to R0.17 Dividend of R0.17 is 26% higher than last year. Ex-date: 6th November 2024 Payment date: 11th November 2024 Dividend yield will be 2.4%, which is lower than the industry average of 2.6%. Payout Ratios Payout ratio: 50%. Cash payout ratio: 41%. Announcement • Oct 18
PSG Financial Services Limited Declares Interim Gross Dividend for the Period Ended August 31, 2024, Payable on November 11, 2024 PSG Financial Services Limited announced considering the strong cash position, the board declared an interim gross dividend of 17.0 ZAR cents per share from income reserves for the period ended 31 August 2024 (2023: 13.5 ZAR cents per share). The group's dividend pay-out ratio remains between 40% to 60% of full year recurring headline earnings excluding intangible asset amortization. The dividend is subject to a South African dividend withholding tax (DWT) rate of 20%,
unless the shareholder is exempt from paying dividend tax or is entitled to a reduced rate in terms of the applicable double-tax agreement. Including DWT at 20% results in a net dividend of 13.6 ZAR cents (2023: 10.8 ZAR cents) per share. Record date is November 8, 2024. Date of payment is November 11, 2024. Announcement • Sep 27
Psg Financial Services Limited Provides Earnings Guidance for the Six Months Ended 31 August 2024 PSG Financial Services Limited provided earnings guidance for the six months ended 31 August 2024. For the period, the company expects Attributable earnings per share to be 47.7 cents to 48.9 cents. Recent Insider Transactions • Aug 15
Independent Non-Executive Director recently bought R493k worth of stock On the 13th of August, Patrick Burton bought around 30k shares on-market at roughly R16.43 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold R14m more in shares than they bought in the last 12 months. Announcement • Jun 13
PSG Financial Services Limited, Annual General Meeting, Jul 22, 2024 PSG Financial Services Limited, Annual General Meeting, Jul 22, 2024. Announcement • May 26
PSG Financial Services Limited to Report Fiscal Year 2024 Results on May 24, 2024 PSG Financial Services Limited announced that they will report fiscal year 2024 results on May 24, 2024 Declared Dividend • Apr 21
Final dividend of R0.28 announced Shareholders will receive a dividend of R0.28. Ex-date: 8th May 2024 Payment date: 13th May 2024 Dividend yield will be 2.8%, which is higher than the industry average of 2.6%. Payout Ratios Payout ratio: 52%. Cash payout ratio: 96%. Recent Insider Transactions • Dec 20
Non-Executive Chairman recently sold R15m worth of stock On the 14th of December, Jan Theron sold around 1m shares on-market at roughly R14.77 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jan has been a net seller over the last 12 months, reducing personal holdings by R23m. Recent Insider Transactions • Dec 20
Non-Executive Chairman recently sold R15m worth of stock On the 14th of December, Jan Theron sold around 1m shares on-market at roughly R14.77 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jan has been a net seller over the last 12 months, reducing personal holdings by R23m. Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Head of Transformation & Executive Director Janine Johannes was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 25
Upcoming dividend of R0.14 per share at 2.7% yield Eligible shareholders must have bought the stock before 01 November 2023. Payment date: 06 November 2023. Payout ratio is a comfortable 48% and the cash payout ratio is 93%. Trailing yield: 2.7%. Lower than top quartile of Namibian dividend payers (12%). Lower than average of industry peers (6.9%). Announcement • Oct 05
PSG Financial Services Limited to Report First Half, 2024 Results on Oct 11, 2023 PSG Financial Services Limited announced that they will report first half, 2024 results on Oct 11, 2023 Announcement • Jul 15
PSG Konsult Appoints Lizé Lambrechts as an Independent Non-Executive Director The board of directors of PSG Konsult announced that Ms. Lizé Lambrechts (Lizé) has been appointed as an independent non-executive director of the company with effect from 14 July 2023, subject to regulatory approval. She has also been appointed as a member of the audit, risk and nominations committees with effect from 14 July 2023. Lizé qualified as an actuary and holds a BSc Hons (cum laude) degree in applied mathematics from the University of Stellenbosch. She has extensive experience in the financial services industry and has fulfilled various senior executive roles within the Sanlam Group. She served for 12 years as the Chief Executive of Sanlam Personal Finance whereafter she assumed the role of Santam's Chief Executive Officer for 7 years. Lizé also served as chairperson of the South African Insurance Association and Life Offices Association. Announcement • Jul 14
PSG Konsult Limited Announces Board Changes PSG Konsult Limited at annual general meeting of the Company held 13, July 2023, Approved To appoint Ms B Mathews as a director and member of the audit committee. To appoint Ms AM Hlobo as a director and member of theaudit committee. The Company announced that Ms B Mathews and Ms AM Hlobo will be appointed as independent non-executive directors of PSG Konsult, subject to Prudential Authority approval. The Company can confirm that the Prudential Authority has approved their appointment as independent non-executive directors. Upcoming Dividend • Apr 26
Upcoming dividend of R0.25 per share at 2.8% yield Eligible shareholders must have bought the stock before 03 May 2023. Payment date: 08 May 2023. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Namibian dividend payers (13%). Lower than average of industry peers (6.5%). Announcement • Feb 18
PSG Konsult Limited Announces Changes to the Board and Committees, with Effect from 1 March 2023 The board of directors of PSG Konsult announced that shareholders that as part of the nominations committee's annual review, the Board approved the following Board and committee changes, with effect from 1 March 2023: Mr. Zithulele Combi ("KK") will step down as member and chairman of the remuneration committee. Mr. Petrus Mouton will succeed KK as chairman of the remuneration committee. Ms Zodwa Matsau has been appointed as a member of the remuneration committee. Mr. Patrick Burton will step down as a member of the social and ethics committee. Ms Tamara Esau-Isaacs ("Tamara"), has informed the Board that for personal reasons she will be resigning as an independent non-executive director of the Board and as a member of the audit, risk and social and ethics committees. To enhance the overall diversity credentials and skill set of the Board, Ms BridgitteMathews ("Bridgitte") and Ms Modi Hlobo ("Modi") will be appointed as independent non-executive directors of PSG Konsult, subject to regulatory approval. They will also be appointed as members of the audit, risk and social and ethics committees. Bridgitte is a chartered accountant and holds a postgraduate certificate in advanced taxation from the University of South Africa. She served on various boards including PSG Group Limited and Redefine Properties Limited. Bridgitte currently serves on the board of Metair Investments Limited and on the board of trustees of WAT Trust. Modi is a chartered accountant with private equity and investment banking experience. She currently serves as senior lecturer in financial management at the University of Johannesburg. Her previous employment included positions at the Development Bank of South Africa, National Empowerment Fund and ABSA Group Limited. Modi also served on the board of PSG Group Limited. Mr. Andile Sangqu has requested to step down as lead independent director to balance his workload, but will remain an independent non-executive director. Consequently, Ms Zodwa Matsau has been appointed as lead independent non-executive director of PSG Konsult in order to accommodate this request. Recent Insider Transactions • Feb 03
Non-Executive Chairman recently sold R7.8m worth of stock On the 31st of January, Jan Theron sold around 619k shares on-market at roughly R12.60 per share. This transaction amounted to 92% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jan's only on-market trade for the last 12 months. Upcoming Dividend • Oct 26
Upcoming dividend of R0.11 per share Eligible shareholders must have bought the stock before 02 November 2022. Payment date: 07 November 2022. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Namibian dividend payers (10%). Lower than average of industry peers (6.8%). Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to R11.05, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 9x in the Capital Markets industry in Africa. Total returns to shareholders of 20% over the past three years. Announcement • May 21
PSG Konsult Limited, Annual General Meeting, Jul 11, 2022 PSG Konsult Limited, Annual General Meeting, Jul 11, 2022, at 12:00 South Africa Standard Time. Upcoming Dividend • Apr 27
Upcoming dividend of R0.22 per share Eligible shareholders must have bought the stock before 04 May 2022. Payment date: 09 May 2022. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Namibian dividend payers (10%). Lower than average of industry peers (5.4%). Upcoming Dividend • Oct 20
Upcoming dividend of R0.10 per share Eligible shareholders must have bought the stock before 27 October 2021. Payment date: 02 November 2021. Trailing yield: 2.1%. Lower than top quartile of Namibian dividend payers (7.9%). Lower than average of industry peers (5.2%). Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improved over the past week After last week's 15% share price gain to R11.75, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 11x in the Capital Markets industry in Africa. Total returns to shareholders of 30% over the past three years. Upcoming Dividend • Apr 28
Upcoming dividend of R0.17 per share Eligible shareholders must have bought the stock before 05 May 2021. Payment date: 10 May 2021. Trailing yield: 2.4%. Lower than top quartile of Namibian dividend payers (6.9%). Lower than average of industry peers (5.4%). Announcement • Feb 20
PSG Konsult Limited Announces Changes to the Board Committees PSG Konsult Limited announced the following changes to its committees, with effect from 1 March 2021: Audit and risk committees: Mr. Jacob du Toit (Jaap) has stepped down as a member of the audit and risk committees. Mrs. Tamara Isaacs and Mr. Andile Sangqu have been appointed as members of the audit and risk committees. Social and ethics committee: Mr. Zitulele Combi (KK) has stepped down as a member of the social and ethics committee.
Mrs Tamara Isaacs has been appointed as a member of the social and ethics committee. Is New 90 Day High Low • Jan 09
New 90-day high: R9.40 The company is up 19% from its price of R7.89 on 09 October 2020. The Namibian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 9.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: R8.33 The company is up 21% from its price of R6.88 on 20 August 2020. The Namibian market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 8.0% over the same period. Is New 90 Day High Low • Oct 23
New 90-day high: R8.20 The company is up 15% from its price of R7.10 on 24 July 2020. The Namibian market is down 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 2.0% over the same period. Announcement • Oct 17
PSG Konsult Limited to Report First Half, 2022 Results on Oct 07, 2021 PSG Konsult Limited announced that they will report first half, 2022 results on Oct 07, 2021 Is New 90 Day High Low • Oct 06
New 90-day high: R7.64 The company is up 5.0% from its price of R7.27 on 08 July 2020. The Namibian market is down 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 1.0% over the same period.