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CAPITEC BANK HOLDINGS LIMITED - Update On Trading Statement In Respect Of The Half Year Ended 31 August 2021

Release Date: 06/09/2021 15:45
Code(s): CPI CPIP CBL29     PDF:  
Wrap Text
Update On Trading Statement In Respect Of The Half Year Ended 31 August 2021

CAPITEC BANK HOLDINGS LIMITED
Registration number 1999/025903/06
Incorporated in the Republic of South Africa
Registered bank controlling company
Ordinary Share Code: CPI ISIN Number: ZAE000035861
Preference Share Code: CPIP ISIN Number: ZAE000083838
(“Capitec” or “the group”)

CAPITEC BANK LIMITED
Registration No. 1980/003695/06
Incorporated in the Republic of South Africa
Registered bank
Company code: BICAP
Stock Code: CBL29
ISIN Code: ZAG000158874
(“Capitec Bank” or “the bank”)

UPDATE ON TRADING STATEMENT IN RESPECT OF THE HALF YEAR ENDED 31 AUGUST
2021

Shareholders are referred to the trading statement published on 18 June
2021 in which the market was advised that there was a reasonable degree
of certainty that:

-   group headline earnings per share and earnings per share were
    expected to increase by at least 500% and 528% respectively compared
    to the previous period ended 31 August 2020; and

-   bank earnings would increase by at least 292% compared to the
    previous period ended 31 August 2020.

The board wishes to advise that a reasonable degree of certainty exists
that:

for the group

-   headline earnings per share will be between 3 428 cents and 3 541
    cents, representing an increase of between 510% and 530% compared to
    the 562 cents per share reported in the previous period ended 31
    August 2020; and

-   earnings per share will be between 3 276 cents and 3 383 cents,
    representing an increase of between 510% and 530% compared to the
    537 cents per share reported in the previous period ended 31 August
    2020.

for the bank

-   earnings will be between R3.154 billion and R3.28 billion,
    representing an increase of between 275% and 290% compared to the
    R841 million reported in the previous period ended 31 August 2020.

The financial information on which this trading statement is based has
not been reviewed and reported on by Capitec’s joint auditors. The 
financial results for the half year ended on 31 August 2021 are
expected to be published on 30 September 2021. 

Capitec’s interim results presentation will be livestreamed on 30
September 2021 at 8am SAST. The link to the livestreaming event will be
published on the Company’s website at www.capitecbank.co.za/investor-
relations/financial-results/ and results announcement on the Stock
Exchange News Service (SENS).

By order of the Board
Stellenbosch
6 September 2021

JSE Equity and Debt Sponsor
PSG Capital

Date: 06-09-2021 03:45:00
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