Enhanced Investments - Financial Portal

Declaration of a Dividend of 488.22 Cents Per Non-Redeemable, Non-Cumulative, Non-Participating Preference Share

Published: 2024-02-29 10:00:54 ET

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 488.22 CENTS PER NON-REDEEMABLE,
NON-CUMULATIVE, NON-PARTICIPATING PREFERENCE SHARE (“PREFERENCE
SHARE DIVIDEND”) – NUMBER 35

The directors of Capitec have approved and declared a preference
share dividend of 488.22 cents per share in respect of the
six months ended on 29 February 2024. Payment will be effected on
Monday, 25 March 2024.

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 488.22 cents per share
•   The dividend amount net of South African dividend tax of 20% is
    390.5760 cents per share
•   Capitec has 479 255 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              Monday,   18   March   2024
Trading ex-dividend commences              Tuesday,   19   March   2024
Record date                                 Friday,   22   March   2024
Payment date                                Monday,   25   March   2024

Share certificates may not be dematerialised or rematerialised
from Tuesday, 19 March 2024 to Friday, 22 March 2024, both days
inclusive.


29 February 2024
Stellenbosch

Sponsor
PSG Capital

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.