PSG Financial Services Limited (Sep 2023)
PSG Financial Services Limited (PSG Financial Services, previously PSG Konsult Limited) is a South African based financial services group, consistently generating approximately 93% of its revenue base from South African based entities. The PSG Financial Services group delivers its services and products by way of three operating divisions, namely PSG Wealth, PSG Asset Management and PSG Insure, with its offering focused on individuals and enterprises in South Africa as well as Namibia.
PSG Financial Services is a publicly listed company, which was previously majority owned by PSG Group Limited until it was unbundled in September 2022, resulting in a diverse shareholder base consisting of over 18,870 counterparties as of February 2023. Of the total, directors held 20% of shares in issue, with the Public Investment Corporation (including the Government Employees’ Pension Fund’s interest), Coronation Asset Management and Allay Gray collectively accounting for a further 37%.