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CAPITEC BANK HOLDINGS LIMITED - Bookbuild Facilitating A Restructure Of A Part Of The Existing BEE Interest In Capitec

Release Date: 12/05/2015 17:35
Code(s): CPIP CPI     PDF:  
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Bookbuild Facilitating A Restructure Of A Part Of The Existing BEE Interest In Capitec

CAPITEC BANK HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1999/025903/06)
JSE share codes: CPI - ISIN: ZAE000035861
JSE preference share code: CPIP - ISIN: ZAE000083838
(“Capitec”)

BOOKBUILD FACILITATING A RESTRUCTURE OF A PART OF THE
EXISTING BEE INTEREST IN CAPITEC

Shareholders were informed on 29 February 2012 that the PIC
acquired 5.2 million shares in the ordinary share capital of
Capitec. These shares acquired by the PIC were held in the
Isibaya Fund and are classified as black in terms of the
Broad-Based Black Economic Empowerment Act, 2003 (Act 53 of
2003) (“the BBBEE Act”).

Capitec has been informed that the Isibaya Fund has reached
agreement to dispose of its interest in Capitec. It is an
arm’s length transaction facilitated by a third party
through a book build process. The acquiring party complies
with the definition of black as defined in the BBBEE Act.

Capitec supports the transaction as it enhances its black
economic empowerment credentials.

12 May 2015
Stellenbosch
Sponsor: PSG Capital (Pty) Limited

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