PSG senior trio bagged R500m over a decade

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Piet Mouton justifies why another R90m is in the offing even though the JSE outperformed his company.

Presumably PSG Group CEO Piet Mouton will write another long letter to JSE CEO Leila Fourie once the PSG restructuring is completed as planned. And this time, instead of complaining about the regulations on listed companies, perhaps he’d thank the JSE for the chance it provided a comparative handful of PSG associates to make something of a killing.

What killing, you ask. Well, first up, as my colleague Marc Hasenfuss noted a few weeks ago, there’s the estimated R2.7bn of value left on the table for the founding Mouton family, friends and senior executives to unlock in future years. That’s in “future years” when PSG won’t have any pesky shareholders they’ll have to share it with...

 

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PSG senior trio bagged R500m over a decadePiet Mouton justifies why another R90m is in the offing even though the JSE outperformed his company
Source: FinancialMail - 🏆 20. / 63 Read more »

PSG senior trio bagged R500m over a decadePiet Mouton justifies why another R90m is in the offing even though the JSE outperformed his company.
Source: FinancialMail - 🏆 20. / 63 Read more »

PSG senior trio bagged R500m over a decadePiet Mouton justifies why another R90m is in the offing even though the JSE outperformed his company. Are your vaccines and jabs up to date, Piet? Make sure, Piet. You can't sell us sh!t and not do it yourself. Manage by example. Go take your shots, Piet. And your wife and your kids. All the shots.
Source: FinancialMail - 🏆 20. / 63 Read more »

PSG senior trio bagged R500m over a decadePiet Mouton justifies why another R90m is in the offing even though the JSE outperformed his company. Piet & Co are lining their pockets and forgetting about what is important. Go get your vax and jab, Piet!
Source: FinancialMail - 🏆 20. / 63 Read more »

PSG senior trio bagged R500m over a decadePiet Mouton justifies why another R90m is in the offing even though the JSE outperformed his company.
Source: FinancialMail - 🏆 20. / 63 Read more »

PSG senior trio bagged R500m over a decadePiet Mouton justifies why another R90m is in the offing even though the JSE outperformed his company.
Source: FinancialMail - 🏆 20. / 63 Read more »