27 Jul - 2 min read

PSG Konsult’s Long-Term Credit Rating Upgraded With Stable Outlook

PSG Konsult’s Long-Term Credit Rating Upgraded With Stable Outlook

PSG KONSULT LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 1993/003941/06
JSE Share Code: KST
NSX Share Code: KFS
SEM Share Code: PSGK.N0000
ISIN Code: ZAE000191417
LEI: 378900ECF3D86FD28194
(“PSG Konsult”)

PSG KONSULT’S LONG-TERM CREDIT RATING UPGRADED WITH STABLE OUTLOOK

Shareholders are advised that the rating agency Global Credit Rating Company (“GCR”) has in
its report issued on 27 July 2021, upgraded PSG Konsult’s national scale long-term issuer rating
to A+ (ZA) , while the short-term issuer rating has been affirmed at A1 (ZA) , with a Stable outlook.

GCR states, “The upgrade reflects PSG Konsult’s ability to sustain strong credit fundamentals
amidst a challenging operating environment through maintaining a solid balance sheet, consistent
track record of earnings stability and cash flow generation, and established wealth management
franchise.”

Tyger Valley
27 July 2021

JSE Sponsor: PSG Capital Proprietary Limited
Independent Joint JSE Sponsor: UBS South Africa Proprietary Limited
NSX Sponsor: PSG Wealth Management (Namibia) Proprietary Limited, member of the Namibian
Stock Exchange
SEM authorised representative and SEM Sponsor: Perigeum Capital Ltd

This notice is issued pursuant to the JSE Limited Listings Requirements, the SEM Listing Rules
and the Mauritian Securities Act 2005. The board of directors of PSG Konsult accepts full
responsibility for the accuracy of the information contained in this communiqué.

Date: 27-07-2021 10:00:00
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