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 9 July 2019 and 1 August 2019, relating to the
declaration of a gross cash dividend of 1.55 cents per share (“cash dividend”)
for the year ended 28 February 2019. Shareholders were, however, entitled to
elect to receive a capitalisation share issue alternative of 0.42922 for
every 100 ordinary shares, to ordinary shareholders recorded in the Finbond
register on the record date, being Friday, 2 August 2019 (“capitalisation
share issue award”).

Ordinary shareholders representing 68.94136% (or sixty eight comma nine four
one three six per cent) of ordinary shares elected to receive the cash
dividend, resulting in a total dividend paid of R9 866 377.79 with the
balance of ordinary shareholders receiving the capitalisation share issue
award, for which 1 231 433 ordinary shares are to be issued, being
approximately 0.12908% of the current issued ordinary share capital of the
Company.

The maximum number of 3 964 899 ordinary shares were listed on Wednesday, 31
July 2019, and accordingly 2 733 466 ordinary shares will be delisted in due
course.

The electronic funds transfers, CSDP or broker accounts have been credited/
updated today, 5 August 2019.

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 0.42922 ordinary shares for every 100 shares owned:
Name of director               Ms R Xaba
Date of transaction:           2 August 2019 (record date)
Type of transaction:           Capitalisation issue share award shares
Nature of interest:            Direct
Number of ordinary shares:     140
Price:                         361.12 cents
Value of transaction:          R505.57

Name of company secretary      Mr B Bredenkamp
Date of transaction:           2 August 2019 (record date)
Type of transaction:           Capitalisation issue share award shares
Nature of interest:            Direct
Number of ordinary shares:     68
Price:                         361.12 cents
Value of transaction:          R245.56


All the above transactions were done on-market and the requisite clearances
were obtained.
Pretoria
5 August 2019
Sponsor: Grindrod Bank Limited

Date: 05/08/2019 03:53:00
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