South African billionaire Mouton family’s PSG to delist from Stock Exchange of Mauritius

PSG Financial Services, a South African  investment and  financial services group founded and associated with the billionaire Mouton family, is set to leave the Stock Exchange of Mauritius after shareholders approved the voluntary withdrawal of its ordinary shares.

PSG ends Mauritius listing

The company said maintaining a dual listing on the Mauritius bourse, despite virtually no trading activity, offers limited value to PSG or its shareholders while creating continuing regulatory, administrative and compliance costs.

PSG Financial Services was listed on the Stock Exchange of Mauritius on Nov. 27, 2018. Its primary listing remains on the Johannesburg Stock Exchange, while its shares are also actively traded on the Namibian Stock Exchange.

The SEM Listing Executive Committee approved the withdrawal on Aug. 20, 2026. The delisting will take effect after market close on Aug. 31, when PSG shares will cease to be listed or traded on the Mauritius exchange.

The move will not affect PSG’s listings on the JSE or Namibian Stock Exchange. The single shareholder whose shares remain on the Mauritian register is taking steps to transfer them to the JSE register.

A financial services group built by Mouton

PSG Financial Services, formerly PSG Konsult, is headquartered in Bellville, Western Cape, and provides wealth management, asset management and insurance services to individuals and businesses.

The group operates through a network of more than 260 adviser offices across South Africa and Namibia. Its services include personal portfolio management, stockbroking, local and offshore investments, retirement planning and fiduciary services, alongside local unit trusts and international funds.

The company’s history is closely linked to Jannie Mouton and Chris Otto, who founded PSG Group in November 1995 with the aim of building a financial services conglomerate. In the early 2000s, PSG Group shifted toward an investment-holding model before PSG Financial Services eventually became an independently listed business.

PSG reports strong 2026 results

The Mauritius exit comes after a strong financial year for PSG. For the year ended Feb. 28, 2026, recurring headline earnings per share increased 34% to 135 cents, while return on equity reached 31.7%.

Assets under management climbed 20% to R564.6 billion ($34.4 billion), comprising R480.9 billion ($30 billion)  at PSG Wealth and R83.7 billion ($5.2 billion) at PSG Asset Management.

PSG Insure’s gross written premium rose to R8 billion ($500 million), while core income increased 22% to R8.2 billion ($505 million). Earnings attributable to ordinary shareholders climbed 36% to R1.74 billion ($109 million

The results underscore the scale of the business even as PSG simplifies its stock-market footprint by ending a Mauritius listing that generated little trading activity.