Enhanced Investments - Financial Portal

Declaration Of A Dividend Of 343.08 Cents Per Non-Redeemable, Non-Cumulative, Non-Participating Preference Share

Published: 2022-08-31 08:10:09 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 343.08 CENTS PER NON-REDEEMABLE,
NON-CUMULATIVE,       NON-PARTICIPATING   PREFERENCE    SHARE
(“PREFERENCE SHARE DIVIDEND”) – NUMBER 32

The directors of Capitec have approved and declared a preference
share dividend of 343.08 cents per share in respect of the
six months ended on 31 August 2022. Payment will be effected on
Monday, 26 September 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 343.08 cents per share
•   The dividend amount net of South African dividend tax of 20% is
    274.464 cents per share
•   Capitec    has   560    306   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, 20 September 2022
Trading ex-dividend commences            Wednesday, 21 September 2022
Record date                              Friday, 23 September 2022
Payment date                             Monday, 26 September 2022

Share certificates may not be dematerialised or rematerialised
from Wednesday, 21 September 2022 to Friday, 23 September 2022,
both days inclusive.



31 August 2022
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.