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

Dealing In Securities By An Associate Of A Director

CAPITEC BANK HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1999/025903/06)
Registered bank controlling company
Share Code:    CPI
ISIN Number: ZAE000035861

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with paragraph 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following information, relating to the dealing in
securities by an associate of a director is disclosed:

  NAME OF DIRECTOR                    M S du P le Roux
  NAME OF ASSOCIATE                   Limietberg Sekuriteit (Pty) Ltd
  DIRECTOR’S RELATIONSHIP WITH        Mr Le Roux is a director of
  ASSOCIATE                           Limietberg Sekuriteit (Pty) Ltd
  COMPANY OF WHICH HE IS A DIRECTOR   Capitec Bank Holdings Limited
  STATUS                              Non-Executive Director
  CLASS AND TYPE OF SECURITIES        Ordinary shares
  DATE OF TRANSACTION                 10 June 2019
  NUMBER OF SECURITIES TRANSACTED     1 250 000
  NATURE OF TRANSACTION               Collar (Long Put and Short Call)
  PUT STRIKE PRICE                    R 1,161.99
  CALL STRIKE PRICE                   R 1,936.64
  OPTION STYLE                        European
  EXPIRY DATE                         3 years on average
  TRADE                               Off Market
  NATURE AND EXTENT OF THE            Indirect, non-beneficial
  DIRECTOR’S INTEREST IN THE
  TRANSACTION

Due to the continued volatility in the market and Mr le Roux's age, this
transaction enabled Limietberg Sekuriteit (Pty) Ltd (“Limietberg”) to
protect the downside risk of the share price at 90% of the current value
(“Put strike price”) on 1 250 000 Capitec shares. In order to reduce the
cost of the protection, Limietberg was willing to forfeit the growth above
150% of the current value (“Call strike price”) of the shares. It is
Limietberg's intention to cash settle the transaction at maturity as opposed
to selling any shares.

Stellenbosch
11 June 2019

Sponsor
PSG Capital

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