Capitec Bank Holdings (JSE:CPI) News - Acceptance by director and prescribed officers of options granted in terms of a share incentive scheme

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

ACCEPTANCE BY A DIRECTOR AND PRESCRIBED OFFICERS OF OPTIONS GRANTED IN
TERMS OF A SHARE INCENTIVE SCHEME

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following information, relating to the acceptance of
options by a director and prescribed officers, are disclosed:

 1.  NAME OF DIRECTOR                    GR Hardy

     COMPANY OF WHICH HE IS A DIRECTOR   Capitec Bank Holdings Limited

     STATUS: EXECUTIVE/NON-EXECUTIVE     Executive

     TYPE OF SECURITIES                  Options to subscribe for ordinary
                                         shares in the share capital of
                                         Capitec Bank Holdings Limited

     CLASS OF SECURITIES                 Ordinary

     DATE OF ACCEPTANCE                  12 July 2022

     OPTION STRIKE PRICE                 R2 106.13

     NUMBER OF OPTIONS GRANTED           1 649

     TOTAL DEEMED RAND VALUE OF          R3 473 008.37
     SECURITIES

     STRIKE DATES OF OPTIONS             1 July in each of 2025, 2026,
                                         2027 and 2028

     PERIOD OF EXERCISE                  The options mature in tranches of
                                         25% each and participants have a
                                         six month period from the
                                         respective strike dates during
                                         which options can be exercised

     NATURE OF TRANSACTION               Acceptance of options granted
                                         (off-market transaction)

     NATURE AND EXTENT OF THE            Direct, beneficial
     DIRECTOR’S INTEREST IN THE
     TRANSACTION

 2.  NAME OF PRESCRIBED OFFICER         KE Barker

     COMPANY OF WHICH SHE IS A          Capitec Bank Holdings Limited
     PRESCRIBED OFFICER
    
     TYPE OF SECURITIES                 Options to subscribe for ordinary
                                        shares in the share capital of
                                        Capitec Bank Holdings Limited

     CLASS OF SECURITIES                Ordinary

     DATE OF ACCEPTANCE                 12 July 2022

     OPTION STRIKE PRICE                R2 106.13

     NUMBER OF OPTIONS GRANTED          1 477

     TOTAL DEEMED RAND VALUE OF         R3 110 754.01
     SECURITIES

     STRIKE DATES OF OPTIONS            1 July in each of 2025, 2026,
                                        2027 and 2028

     PERIOD OF EXERCISE                 The options mature in tranches of
                                        25% each and participants have a
                                        six month period from the
                                        respective strike dates during
                                        which options can be exercised

     NATURE OF TRANSACTION              Acceptance of options granted
                                        (off-market transaction)

     NATURE AND EXTENT OF THE           Direct, beneficial
     PRESCRIBED OFFICER’S INTEREST IN
     THE TRANSACTION

3.   NAME OF PRESCRIBED OFFICER         GR Lee

     COMPANY OF WHICH HE IS A           Capitec Bank Holdings Limited
     PRESCRIBED OFFICER

     TYPE OF SECURITIES                 Options to subscribe for ordinary
                                        shares in the share capital of
                                        Capitec Bank Holdings Limited

     CLASS OF SECURITIES                Ordinary

     DATE OF ACCEPTANCE                 13 July 2022

     OPTION STRIKE PRICE                R2 106.13

     NUMBER OF OPTIONS GRANTED          557

     TOTAL DEEMED RAND VALUE OF         R1 173 114.41
     SECURITIES

     STRIKE DATES OF OPTIONS            1 July in each of 2025, 2026,
                                        2027 and 2028
    
     PERIOD OF EXERCISE                 The options mature in tranches of
                                        25% each and participants have a
                                        six month period from the
                                        respective strike dates during
                                        which options can be exercised

     NATURE OF TRANSACTION              Acceptance of options granted
                                        (off-market transaction)

     NATURE AND EXTENT OF THE           Direct, beneficial
     PRESCRIBED OFFICER’S INTEREST IN
     THE TRANSACTION

Clearance to accept these options was obtained in  accordance with
paragraph 3.66 of the JSE Limited Listings Requirements.

13 July 2022
Stellenbosch

Sponsor
PSG Capital

Date: 13-07-2022 04:00:00
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