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CAPITEC:  491,500   -6819 (-1.37%)  11/11/2026 19:14

CAPITEC LIMITED - Dealing In Securities By An Associate Of A Director

Release Date: 11/11/2026 17:38
Code(s): CPI     PDF:  
Wrap Text
 Dealing In Securities By An Associate Of A Director

Capitec Limited(previously Capitec Bank Holdings Limited)
Registration Number: 1999/025903/06
Incorporated in the Republic of South Africa
Registered bank controlling company
JSE Ordinary share Code: CPI
ISIN Number: ZAE000035861
A2X Ordinary share code: CPI

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with the JSE Listings Requirements, the following
information, relating to the dealing in securities by an associate of a
director is disclosed.

Shareholders are referred to the announcement released on SENS on 2 July
2025, with regards to the hedging and financing transaction concluded by
Kalander Sekuriteit Proprietary Limited (“Kalander”) over a portion of its
shareholding in Capitec (the “Prior Transaction”) and the recent
announcement released on SENS on 28 October 2026 with regards to the
hedging and refinancing transactions concluded by associate companies over
a portion of their shareholding in Capitec (the “First Transactions”).

Shareholders are now advised that Kalander has cash settled and refinanced
another portion of the Prior Transaction with proceeds raised by an
associate company through the implementation of a new hedging and re-
financing transaction (the “Transaction”), the relevant details of which
are set out below:

NAME OF DIRECTOR              M S du P le Roux (“Mr le Roux”)

NAME OF ASSOCIATE             Kalander Pot Proprietary Limited (“Kalander
                              Pot”)

DIRECTOR’S RELATIONSHIP       Mr le Roux is a director of Kalander Pot
WITH ASSOCIATE

COMPANY OF WHICH A DIRECTOR   Capitec

STATUS: EXECUTIVE/NON-        Non-Executive Director
EXECUTIVE

TYPE AND CLASS OF             Ordinary Shares
SECURITIES

NUMBER OF SECURITIES          265,000
TRANSACTED

DEEMED VALUE OF SECURITIES    R1,320,545,350.00 (based on a share price of
TRANSACTED                    R4,983.19)

NATURE OF DEALING             Funded Option Transaction

DATE OF DEALING               10 November 2026

PUT STRIKE PRICE              R2,674.22

CAP PRICE                     R7,196.07

OPTION STYLE                  European

EXPIRY DATE                   1.54 years on average
MAXIMUM FINANCIAL             R708,667,108.50
OBLIGATION

NUMBER OF SHARES PROVIDED     265,000
AS SECURITY/COLLATERAL

TRADE                         Off Market

NATURE AND EXTENT OF THE      Indirect, non-beneficial
DIRECTOR’S INTEREST IN THE
DEALING


The hedging counterparty shall provide the associate company with loan
financing for the duration of the Transaction. The maximum financial
obligation under that financing arrangement, including all interest
thereon, will never exceed the total number of shares hedged multiplied by
the put strike price. The associate company will therefore always be in a
position to fully cover the liability under the financing arrangement with
the hedged shares.


11 November2026
Stellenbosch

Sponsor
PSG Capital
Date: 11/11/2026 05:38:00
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