CAPITEC BANK HOLDINGS LIMITED - Trading Statement Update

Trading Statement Update

CAPITEC BANK HOLDINGS LIMITED
Registration number 1999/025903/06
Incorporated in the Republic of South Africa
Registered bank controlling company
Ordinary Share Code: CPI, ISIN Number: ZAE000035861
Preference Share Code: CPIP, ISIN Number: ZAE000083838
(“Capitec” or “the group”)

CAPITEC BANK LIMITED
Registration Number 1980/003695/06
Incorporated in the Republic of South Africa
Registered bank
Company code: BICAP
Stock Code: CBL29
ISIN Code: ZAG000158874
Stock Code: CBL30
ISIN Code: ZAG000180977
(“Capitec Bank” or “the bank”)

TRADING STATEMENT UPDATE

Shareholders are referred to the trading statement published on the JSE
Limited Stock Exchange News Service (“SENS”) on 15 December 2021 in
which they were advised that there was a reasonable degree of certainty
that for the group, headline earnings per share would increase by at
least 75% and earnings per share by at least 80% compared to the
previous comparable period ended 28 February 2021.

In light of the pending corporate action announced on SENS on 19
January 2022 and 24 January 2022 regarding a specific issue of shares
for cash to participating employees (“Specific Issue”) and the general
meeting to be held on 22 February 2022 to consider the relevant
resolutions relating to the Specific Issue, the board wishes to advise
that a reasonable degree of certainty exists that for the financial
year ending 28 February 2022:

-   group headline earnings per share will be between 7 218 cents and
    7 456 cents per share, representing an increase of between 82% and
    88% compared to the 3 966 cents per share reported in the previous
    period ended 28 February 2021; and

-   group earnings per share will be between 7 279 cents and 7 517 cents
    per share, representing an increase of between 89% and 95% compared
    to the 3 850 cents per share reported in the previous period ended
    28 February 2021.

The financial information on which this trading statement update is
based has not been reviewed and reported on by Capitec’s auditors. The
financial results for the year ending 28 February 2022 are expected to
be published on or about 12 April 2022.

Capitec’s year-end results presentation will be livestreamed on 12
April 2022 at 8am SAST. The link to the livestreaming event will be
published on the Company’s website at www.capitecbank.co.za/investor-
relations/financial-results/ and results announcement on SENS.

By order of the Board
Stellenbosch
18 February 2022

Sponsor
PSG Capital 

Date: 18-02-2022 03:05:00
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