CAPITEC BANK HOLDINGS LIMITED - Declaration Of A Dividend Of 421.67 Cents Per Non-Redeemable, Non-Cumulative, Non-Participating Preference Share

Release Date: 31/08/2018 07:05
Code(s): CPIP
 
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Declaration Of A Dividend Of 421.67 Cents Per Non-Redeemable, Non-Cumulative, Non-Participating Preference Share

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

DECLARATION OF A DIVIDEND OF 421.67 CENTS PER NON-REDEEMABLE, NON-
CUMULATIVE, NON-PARTICIPATING PREFERENCE SHARE (“PREFERENCE SHARE
DIVIDEND”) – NUMBER 24

The directors of Capitec approved and declared a preference share dividend of 421.67 cents
per share in respect of the six months ended on 31 August 2018. Payment will be effected on
Tuesday, 25 September 2018.
The following information is disclosed in terms of paragraphs 11.17(a) (i) to (ix) and 11.17(c)
of the JSE Listings Requirements:

•   The cash distribution is a dividend as defined in terms of the Income Tax Act (Act 58 of
    1962)
•   The South African dividend tax rate is 20%
•   The gross dividend amount is 421.67 cents per share
•   The dividend amount net of South African dividend tax of 20% is 337.33600 cents per
    share
•   Capitec has 1 185 298 non-redeemable, non-cumulative, non-participating preference
    shares in issue
•   The distribution is made from income reserves
•   Capitec’s tax reference number is 9405/376/84/0


The salient dates for the payment of the preference share dividend are set out below:

Last day to trade cum-dividend                 Tuesday, 18 September 2018
Trading ex-dividend commences                  Wednesday, 19 September 2018
Record date                                    Friday, 21 September 2018
Payment date                                   Tuesday, 25 September 2018

Share certificates may not be dematerialised or rematerialised from Wednesday,
19 September 2018 to Friday, 21 September 2018, both days inclusive.

Stellenbosch
31 August 2018

Sponsor
PSG Capital

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