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CAPITEC BANK HOLDINGS LIMITED - Unaudited Financial Results And Dividend Declaration For The 6 Months Ended 31 August 2019

Release Date: 26/09/2019 07:05
Code(s): CPI CPIP     PDF:  
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Unaudited Financial Results And Dividend Declaration For The 6 Months Ended 31 August 2019

CAPITEC BANK HOLDINGS LIMITED
Registration number: 1999/025903/06
Registered bank controlling company
Incorporated in the Republic of South Africa
JSE ordinary share code: CPI
ISIN code: ZAE000035861
JSE preference share code: CPIP
ISIN code: ZAE000083838
(“Capitec” or “the company” or “the group”)


UNAUDITED FINANCIAL RESULTS AND DIVIDEND DECLARATION FOR THE
6 MONTHS ENDED 31 AUGUST 2019


1.   SALIENT FEATURES

     Operating profit before tax increased by 18% to R3.83 billion, from R3.25 billion in the
     prior corresponding period.

     Headline earnings per share increased by 20% to 2 545 cents per share, from 2 128
     cents per share in the prior corresponding period.

     Earnings per share increased by 20% to 2 549 cents per share, from 2 122 cents per
     share in the prior corresponding period.

     Dividends per share increased by 20% to 755 cents per share, from 630 cents per share
     in the prior corresponding period.

2.   DIVIDEND DECLARATION

     The directors resolved to declare an interim gross dividend of 755 cents (August 2018:
     630 cents) per share from income reserves in respect of the six months ended
     31 August 2019. The dividend amount, net of South African dividend tax of 20%, is
     604 cents (August 2018: 504 cents) per share for those shareholders who are not
     exempt from dividend tax. The number of ordinary shares in issue at the declaration
     date is 115 626 991 and the income tax number of the company is 9405376840.

     As a result of JSE system updates, our dividend dates have been moved out.

     The salient dates of the dividend declaration are:

     Last day to trade cum dividend                          Tuesday, 29 October 2019
     Trading ex-dividend commences                           Wednesday, 30 October 2019
     Record date                                             Friday, 1 November 2019
     Date of payment                                         Monday, 4 November 2019

     Share certificates may not be dematerialised or rematerialised between Wednesday,
     30 October 2019 and Friday, 1 November 2019, both days inclusive.

3.   SHORT-FORM ANNOUNCEMENT

     This short-form announcement is the responsibility of the directors of the company. It
     contains only a summary of the information in the full announcement (“Full
     Announcement”) and does not contain full or complete details. The Full Announcement
     can be found at:
      https://senspdf.jse.co.za/documents/2019/JSE/ISSE/CPI/CPIHY20.pdf

     Copies of the Full Announcement is also available for viewing on the company’s website
     at https://www.capitecbank.co.za/globalassets/pages/investor-relations/financial-
     results/2020/interim-results/CPIHY20.pdf or may be requested in person, at the
     company’s registered office or the office of the sponsor, at no charge, during office
     hours.

     Any investment decisions by investors and/or shareholders should be based on
     consideration of the Full Announcement, as a whole.


26 September 2019

Sponsor

PSG Capital

Date: 26/09/2019 07:05:00
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