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CPI - Capitec Bank Holdings Limited - Capitec Rights Offer Results Announcement CAPITEC BANK HOLDINGS LIMITED Incorporated in the Republic of South Africa Registration number: 1999/025903/06 Share Code: CPI ISIN Number: ZAE000035861 ("Capitec" or "the Company") CAPITEC RIGHTS OFFER RESULTS ANNOUNCEMENT Shareholders are referred to the announcements of the Capitec rights offer published on the JSE Limited ("JSE") Stock Exchange News Service ("SENS") on 25 November 2010, 9 December 2010 and 17 December 2010 and the circular dated 10 January 2011 detailing the terms of the said offer. In terms hereof Capitec announced the raising of approximately R1.05 billion by way of an underwritten renounceable rights offer of 8 420 462 new Capitec ordinary shares of R0.01 each ("rights offer shares") to qualifying Capitec ordinary shareholders ("rights offer"). The rights offer shares were issued in the ratio of 1 rights offer share for every 10 Capitec ordinary shares held on the record date, being Friday, 7 January 2011 ("record date") at a subscription price of R125.00 per rights offer share. The results of the rights offer, which closed on Friday, 28 January 2011, are as follows: Number of rights % of rights offer offer shares shares
Rights offer shares available for 8 420 462 100% subscription Rights offer shares subscribed for 8 394 469 99.69% by Capitec shareholders Rights offer shares to be issued to 25 993 0.31% the underwriter Sanlam Capital Markets Limited ("SCM" or "the underwriter") agreed to underwrite the rights offer up to a maximum amount of R646 million, represented by 5 166 992 rights offer shares. SCM will settle the issue price of the rights offer shares to be issued to them, which they subscribed for pursuant to their underwriting obligations, in cash. For Capitec shareholders who have subscribed for the rights offer: i) share certificates will be posted to the holders of certificated Capitec shares on or about Monday, 31 January 2011; and ii) the Central Securities Depository Participant ("CSDP") or broker accounts of holders of dematerialised Capitec shares will be credited with the rights offer shares and debited with any payments due on Monday, 31 January 2011. 31 January 2011 Corporate adviser and sponsor PSG Capital (Pty) Limited Lead independent sponsor Questco Sponsors (Pty) Limited Reporting accountants PricewaterhouseCoopers Inc Underwriter Sanlam Capital Markets Limited Date: 31/01/2011 13:41:08 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
