Dealings in Securities by Associates of a Director
Capitec Limited(previously 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
A2X Ordinary share code: CPI
DEALINGS IN SECURITIES BY ASSOCIATES OF A DIRECTOR
In compliance with the JSE Listings Requirements, the following
information, relating to the dealings in securities by associates of a
director is disclosed.
Shareholders are referred to the announcement released on SENS on
2 July 2025, with regards to the hedging and financing transaction
concluded by Kalander Sekuriteit Proprietary Limited (“Kalander”) over a
portion of its shareholding in Capitec (the “Prior Transaction”).
Shareholders are now advised that Kalander has partially cash settled and
refinanced the Prior Transaction with proceeds raised by associate
companies through the implementation of new hedging and re-financing
transactions (the “Transactions”), the relevant details of which are set
out below:
First Transaction
NAME OF DIRECTOR M S du P le Roux (“Mr le Roux”)
NAME OF ASSOCIATE Pottwee Proprietary Limited
DIRECTOR’S RELATIONSHIP Mr le Loux is a director of Pottwee
WITH ASSOCIATE Proprietary Limited
COMPANY OF WHICH A DIRECTOR Capitec
STATUS: EXECUTIVE/NON- Non-Executive Director
EXECUTIVE
TYPE AND CLASS OF Ordinary Shares
SECURITIES
NUMBER OF SECURITIES 41,533
TRANSACTED
DEEMED VALUE OF SECURITIES R191,666,073.07 (based on a share price of
TRANSACTED R 4,614.79)
NATURE OF DEALING Funded Option Transaction
DATE OF DEALING 26 October 2026
PUT STRIKE PRICE R2,584.28
CAP PRICE R6,889.88
OPTION STYLE European
EXPIRY DATE 1.93 years on average
MAXIMUM FINANCIAL R107,332,901.00
OBLIGATION
NUMBER OF SHARES PROVIDED 41,533
AS SECURITY/COLLATERAL
TRADE Off Market
NATURE AND EXTENT OF THE Indirect, non-beneficial
DIRECTOR’S INTEREST IN THE
DEALING
Second Transaction
NAME OF DIRECTOR Mr le Roux
NAME OF ASSOCIATE Potdrie Proprietary Limited
DIRECTOR’S RELATIONSHIP Mr le Roux is a director of the holding
WITH ASSOCIATE company of Potdrie Proprietary Limited
COMPANY OF WHICH A DIRECTOR Capitec
STATUS: EXECUTIVE/NON- Non-Executive Director
EXECUTIVE
TYPE AND CLASS OF Ordinary Shares
SECURITIES
NUMBER OF SECURITIES 87,880
TRANSACTED
DEEMED VALUE OF SECURITIES R405,547,745.20 (based on a share price of
TRANSACTED R4,614.79)
NATURE OF DEALING Funded Option Transaction
DATE OF DEALING 26 October 2026
PUT STRIKE PRICE R2,584.28
CAP PRICE R7,106.78
OPTION STYLE European
EXPIRY DATE 1.93 years on average
MAXIMUM FINANCIAL R227,106,526.00
OBLIGATION
NUMBER OF SHARES PROVIDED 87,880
AS SECURITY/COLLATERAL
TRADE Off Market
NATURE AND EXTENT OF THE Indirect, non-beneficial
DIRECTOR’S INTEREST IN THE
DEALING
The hedging counterparty shall provide the associate companies with loan
financing for the duration of the Transactions. The maximum financial
obligation under that financing arrangement, including all interest
thereon, will never exceed the total number of shares hedged multiplied by
the put strike price. The associate companies will therefore always be in a
position to fully cover the liability under the financing arrangement with
the hedged shares.
28 October 2026
Stellenbosch
Sponsor
PSG Capital
Date: 28/10/2026 05:05:00
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