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CAPITEC BANK HOLDINGS LIMITED - Acceptance By Directors Of Options Granted In Terms Of A Share Incentive Scheme

Release Date: 08/05/2017 15:20
Code(s): CPI     PDF:  
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Acceptance By Directors Of Options Granted In Terms Of A Share Incentive Scheme

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

ACCEPTANCE BY DIRECTORS OF OPTIONS GRANTED IN TERMS OF A SHARE INCENTIVE
SCHEME

In compliance with rules 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following information, relating to the acceptance of
options by directors, granted in terms of a share incentive scheme, are
disclosed:

 1.   NAME OF DIRECTOR                   GM Fourie
      COMPANY                            Capitec Bank Holdings Limited
      STATUS:EXECUTIVE/NON-EXECUTIVE     Executive
      TYPE OF SECURITIES                 Options to subscribe for ordinary
                                         shares in the share capital of
                                         Capitec Bank Holdings Limited
      CLASS OF SECURITIES                Ordinary
      DATE OF ACCEPTANCE                 5 May 2017
      OPTION STRIKE PRICE                R705.93
      NUMBER OF OPTIONS GRANTED          25 507
      TOTAL RAND VALUE OF SECURITIES     R18 006 156.51
      STRIKE DATES OF OPTIONS            1 April 2020, 2021, 2022, 2023
      PERIOD OF EXERCISE                 The options mature in tranches of
                                         25% each and participants have a
                                         six month period from the
                                         respective strike dates during
                                         which options can be exercised.
      NATURE OF TRANSACTION              Acceptance of options granted
                                         (off-market transaction)
      NATURE AND EXTENT OF THE           Direct beneficial
      DIRECTOR’S INTEREST IN THE
      TRANSACTION



 2.   NAME OF DIRECTOR                   AP du Plessis
      COMPANY                            Capitec Bank Holdings Limited
      STATUS:EXECUTIVE/NON-EXECUTIVE     Executive
      TYPE OF SECURITIES                 Options to subscribe for ordinary
                                         shares in the share capital of
                                         Capitec Bank Holdings Limited
      CLASS OF SECURITIES                Ordinary
      DATE OF ACCEPTANCE                 5 May 2017
      OPTION STRIKE PRICE                R705.93
      NUMBER OF OPTIONS GRANTED          15 714
      TOTAL RAND VALUE OF SECURITIES     R11 092 984.02
      STRIKE DATES OF OPTIONS            1 April 2020, 2021, 2022, 2023
      PERIOD OF EXERCISE                 The options mature in tranches of
                                         25% each and participants have a
                                         six month period from the
                                         respective strike dates during
                                         which options can be exercised.
      NATURE OF TRANSACTION              Acceptance of options granted
                                         (off-market transaction)
      NATURE AND EXTENT OF THE
      DIRECTOR’S INTEREST IN THE         Direct beneficial
      TRANSACTION


 3.   NAME OF DIRECTOR                 NS Mashiya
      COMPANY                          Capitec Bank Holdings Limited
      STATUS:EXECUTIVE/NON-EXECUTIVE   Executive
      TYPE OF SECURITIES               Options to subscribe for ordinary
                                       shares in the share capital of
                                       Capitec Bank Holdings Limited
      CLASS OF SECURITIES              Ordinary
      DATE OF ACCEPTANCE               8 May 2017
      OPTION STRIKE PRICE              R705.93
      NUMBER OF OPTIONS GRANTED        5 414
      TOTAL RAND VALUE OF SECURITIES   R3 821 905.02
      STRIKE DATES OF OPTIONS          1 April 2020, 2021, 2022, 2023
      PERIOD OF EXERCISE               The options mature in tranches of
                                       25% each and participants have a
                                       six month period from the
                                       respective strike dates during
                                       which options can be exercised.
      NATURE OF TRANSACTION            Acceptance of options granted
                                       (off-market transaction)
      NATURE AND EXTENT OF THE
      DIRECTOR’S INTEREST IN THE       Direct beneficial
      TRANSACTION


Clearance to accept these options was obtained in accordance with Rule
3.66 of the JSE Limited Listings Requirements.

8 May 2017
Stellenbosch

Sponsor
PSG Capital (Pty) Limited

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