FINBOND GROUP LIMITED - Results of Cash Dividend and Capitalisation Share Issue Award Alternative and Directors Dealings

Results of Cash Dividend and Capitalisation Share Issue Award Alternative and Directors Dealings

FINBOND GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/015761/06)
JSE code: FGL
ISIN: ZAE000138095
("Finbond" or "the Company")

RESULTS OF CASH DIVIDEND AND CAPITALISATION SHARE ISSUE AWARD ALTERNATIVE
AND DIRECTORS DEALINGS

Results of cash dividend and capitalisation share issue award alternative

Shareholders are referred to the company’s announcement on the Stock Exchange
News Service (“SENS”) dated 15 June 2018 and 12 July 2018, relating to the
declaration of a gross cash dividend of 9.91 cents per share (“cash dividend”)
for the year ended 28 February 2018. Shareholders were, however, entitled to
elect to receive a capitalisation share issue alternative of 2.52904 for
every 100 ordinary shares, to ordinary shareholders recorded in the Finbond
register on the record date, being Friday, 13 July 2018 (“capitalisation
share issue award”).

Ordinary shareholders representing 61.90108% (or sixty one comma nine zero
one zero eight per cent) of ordinary shares elected to receive the cash
dividend, resulting in a total dividend paid of R57 933 851.41 with the
balance of ordinary shareholders receiving the capitalisation share issue
award, for which 9 104 516 ordinary shares are to be issued, being
approximately 0.96354% of the current issued ordinary share capital of the
Company.

The maximum number of 23 150 477 ordinary shares were listed on Wednesday,
11 July 2018, and accordingly 14 045 961 ordinary shares will be delisted in
due course.

The electronic funds transfers, CSDP or broker accounts have been credited/
updated today, 16 July 2018.

Directors’ dealings

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of
JSE Limited ("Listings Requirements"), shareholders are advised of the
following transactions by directors arising from the capitalisation share
issue award of 2. 52904 ordinary shares for every 100 shares owned:
Name of director               Mr C Eksteen
Date of transaction:           13 July 2018 (record date)
Type of transaction:           Capitalisation issue share award shares
Nature of interest:            Direct
Number of ordinary shares:     1545
Price:                         391.84864 cents
Value of transaction:          R6 054.06

Name of director               Ms R Xaba
Date of transaction:           13 July 2018 (record date)
Type of transaction:           Capitalisation issue share award shares
Nature of interest:            Direct
Number of ordinary shares:     809
Price:                         391.84864 cents
Value of transaction:          R3 170.06

Name of company secretary        Mr B Bredenkamp
Date of transaction:             13 July 2018 (record date)
Type of transaction:             Capitalisation issue share award shares
Nature of interest:              Direct
Number of ordinary shares:       392
Price:                           391.84864 cents
Value of transaction:            R1 5360.05

All the above transactions were done on-market and the requisite clearances
were obtained.
Pretoria
16 July 2018
Sponsor: Grindrod Bank Limited

Date: 16/07/2018 09:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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