CAPITEC BANK HOLDINGS LIMITED - Dealing In Securities By An Associate Of A Director

Dealing In Securities By An Associate Of A Director

CAPITEC BANK HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1999/025903/06)
Share Code:    CPI
ISIN Number: ZAE000035861

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with rules 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following information, relating to the dealing in
securities by an associate of a director is disclosed:

 NAME OF DIRECTOR                    M S du P le Roux
 NAME OF ASSOCIATE                   Limietberg Sekuriteit (Pty) Ltd
 DIRECTOR’S RELATIONSHIP WITH        Mr Le Roux is a director of
 ASSOCIATE                           Limietberg Sekuriteit (Pty) Ltd
 COMPANY OF WHICH HE IS A DIRECTOR   Capitec Bank Holdings Limited
 STATUS: EXECUTIVE/NON-EXECUTIVE     Non-Executive Director
 TYPE OF SECURITIES                  Shares
 CLASS OF SECURITIES                 Ordinary
 DATE OF TRANSACTION                 11 July 2017
 NUMBER OF SECURITIES TRANSACTED     1 250 000
 NATURE OF TRANSACTION               Zero cost collar
 PUT STRIKE PRICE                    R640.71
 CALL STRIKE PRICE                   R1253.39
 OPTION STYLE                        European
 EXPIRY DATE                         3.05 years on average
 TRADE                               Off Market
 NATURE AND EXTENT OF THE            Indirect, non-beneficial
 DIRECTOR’S INTEREST IN THE
 TRANSACTIONS

Due to the volatility in the market and Mr le Roux's age, this transaction
enabled Limietberg Sekuriteit (Pty) Ltd (“Limietberg”) to protect the
downside risk of the share price at 80% of the current value on 1 250 000
Capitec shares. In order to make the protection "zero cost", Limietberg
was willing to forfeit the growth above 156.5% of the current value of the
shares. It is Limietberg's intention to cash settle the transaction at
maturity as opposed to selling any shares.

11 July 2017
Sponsor
PSG Capital

Date: 11/07/2017 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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