CAPITEC BANK HOLDINGS LIMITED - Declaration Of A Dividend Of 296.91 Cents Per Non-Redeemable, Non-Cumulative, Non-Participating Preference Share

Declaration Of A Dividend Of 296.91 Cents Per Non-Redeemable, Non-Cumulative, Non-Participating Preference Share

Capitec Bank Holdings Limited
Registration number 1999/025903/06
Incorporated in the Republic of South Africa
Registered bank controlling company
JSE share code: CPIP
ISIN code: ZAE000083838
("Capitec")

DECLARATION OF A DIVIDEND OF 296.91 CENTS PER NON-REDEEMABLE, NON-CUMULATIVE,
NON-PARTICIPATING PREFERENCE SHARE (“PREFERENCE SHARE DIVIDEND”) – NUMBER 31  

The directors of Capitec have approved and declared a preference
share dividend of 296.91 cents per share in respect of the
six months ended on 28 February 2022. Payment will be effected on
Tuesday, 22 March 2022.

The following information is disclosed in terms of paragraphs
11.17(a)(i) to (ix) and 11.17(c) of the JSE Listings Requirements:

•   The cash distribution is a dividend as defined in terms of the
    Income Tax Act (Act 58 of 1962)
•   The South African dividend tax rate is 20%
•   The gross dividend amount is 296.91 cents per share
•   The dividend amount net of South African dividend tax of 20% is
    237.528 cents per share
•   Capitec   has    566    864   non-redeemable,   non-cumulative,
    non-participating preference shares in issue
•   The distribution is made from income reserves
•   Capitec’s tax reference number is 9405/376/84/0

The salient dates for the payment of the preference share
dividend are set out below:

Last day to trade cum-dividend           Tuesday, 15 March 2022
Trading ex-dividend commences            Wednesday, 16 March 2022
Record date                              Friday, 18 March 2022
Payment date                             Tuesday, 22 March 2022

Share certificates may not be dematerialised or rematerialised
from Wednesday, 16 March 2022 to Friday, 18 March 2022, both days
inclusive.


28 February 2022
Stellenbosch

Sponsor
PSG Capital  

Date: 28-02-2022 07:05:00
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