CAPITEC BANK HOLDINGS LIMITED - Declaration Of A Dividend Of 413.00 Cents Per Non-Redeemable, Non-Cumulative, Non-Participating Preference Share

Declaration Of A Dividend Of 413.00 Cents Per Non-Redeemable, Non-Cumulative, Non-Participating Preference Share

CAPITEC BANK HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number 1999/025903/06
Registered bank controlling company
JSE share code: CPIP
ISIN:ZAE000083838
(“Capitec”)

DECLARATION OF A DIVIDEND OF 413.00 CENTS PER NON-REDEEMABLE, NON-
CUMULATIVE,   NON-PARTICIPATING PREFERENCE SHARE (“PREFERENCE SHARE
DIVIDEND”) – NUMBER 27

The directors of Capitec have approved and declared a preference share
dividend of 413.00 cents per share in respect of the six months ending on
29 February 2020. Payment will be effected on Monday, 23 March 2020.

The following information is disclosed in terms of paragraphs 11.17(a)(i)
to (ix) and 11.17(c) of the Listings Requirements:

•   The cash distribution is a dividend as defined in terms of the Income
    Tax Act (Act 58 of 1962)
•   The South African dividend tax rate is 20%
•   The gross dividend amount is 413.00 cents per share
•   The dividend amount net of South African dividend tax of 20% is 330.40
    cents per share
•   Capitec has 809 821 non-redeemable, non-cumulative, non-participating
    preference shares in issue
•   The distribution is made from income reserves
•   Capitec’s tax reference number is 9405/376/84/0

The salient dates for the payment of the preference share dividend are set
out below:

Last day to trade cum-dividend          Tuesday, 17 March 2020
Trading ex-dividend commences           Wednesday, 18 March 2020
Record date                             Friday, 20 March 2020
Payment date                            Monday, 23 March 2020

Share certificates may not be dematerialised or rematerialised from
Wednesday, 18 March 2020 to Friday, 23 March 2020, both days inclusive.

Stellenbosch

28 February 2020
Sponsor – PSG Capital

Date: 28-02-2020 07:05:00
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