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CAPITEC BANK HOLDINGS LIMITED - Acceptance Of Options Granted In Terms Of A Share Incentive Scheme And Dealing In Securities

Release Date: 25/11/2020 16:30
Code(s): CPI     PDF:  
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Acceptance Of Options Granted In Terms Of A Share Incentive Scheme And Dealing In Securities

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

ACCEPTANCE BY A DIRECTOR, THE COMPANY SECRETARY AND A PRESCRIBED OFFICER
OF OPTIONS GRANTED IN TERMS OF A SHARE INCENTIVE SCHEME AND DEALING IN
SECURITIES BY A DIRECTOR AND ASSOCIATES OF A DIRECTOR

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, the company secretary and a prescribed officer,
granted in terms of a share incentive scheme, and the dealing in
securities by a director and associates of a director are disclosed:

 1.   NAME OF DIRECTOR                  NS Mashiya

      COMPANY OF WHICH HE IS A          Capitec Bank Holdings Limited
      DIRECTOR

      STATUS: EXECUTIVE/NON-EXECUTIVE   Executive Director

      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                24 November 2020

      OPTION STRIKE PRICE               R908.58

      NUMBER OF OPTIONS GRANTED         6 287

      TOTAL DEEMED RAND VALUE OF        R5 712 242.46
      SECURITIES

      STRIKE DATES OF OPTIONS           1 October in each of 2023,
                                        2024, 2025 and 2026

      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        KR Kumbier

      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                24 November 2020

      OPTION STRIKE PRICE               R1 006.83

      NUMBER OF OPTIONS GRANTED         18 263

      TOTAL DEEMED RAND VALUE OF        R18 387 736.29
      SECURITIES

      STRIKE DATES OF OPTIONS           20 October in each of 2023,
                                        2024, 2025 and 2026

      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 COMPANY SECRETARY         YM Mouton

      COMPANY OF WHICH SHE IS THE       Capitec Bank Holdings Limited
      COMPANY SECRETARY

      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                24 November 2020

      OPTION STRIKE PRICE               911.63

      NUMBER OF OPTIONS GRANTED         803

      TOTAL DEEMED RAND VALUE OF        R732 038.89
      SECURITIES

      STRIKE DATES OF OPTIONS           28 September in each of 2023,
                                        2024, 2025 and 2026

      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
      COMPANY SECRETARY’S INTEREST IN
      THE TRANSACTION

 4.   NAME OF DIRECTOR                  PJ Mouton

      COMPANY OF WHICH HE IS A          Capitec Bank Holdings Limited
      DIRECTOR

      STATUS: EXECUTIVE/NON-EXECUTIVE   Non-Executive Director

      NATURE OF TRANSACTIONS            Disposal of shares by a
                                        director (on-market
                                        transactions)

      TYPE AND CLASS OF SECURITIES      Ordinary Shares

      DATES OF TRANSACTIONS             20 November 2020                 (1)
                                        23 November 2020                 (2)

      NUMBER OF SECURITIES TRANSACTED   6 519                            (1)
                                        1 061                            (2)

      PRICE PER SECURITY (RAND)         R1 340.00         (min)          (1)
                                        R1 342.15         (max)
                                        R1 341.81         (ave)

                                        R1 313.00                        (2)

      TOTAL RAND VALUE OF SECURITIES    R8 747 235.40                    (1)
      TRANSACTED                        R1 393 093.00                    (2)

      NATURE AND EXTENT OF THE          Direct, beneficial               (1-2)
      DIRECTOR’S INTEREST IN THE
      TRANSACTIONS

 5.   NAME OF DIRECTOR                  PJ Mouton

      COMPANY OF WHICH HE IS A          Capitec Bank Holdings Limited
      DIRECTOR

      STATUS: EXECUTIVE/NON-EXECUTIVE   Non-Executive Director
      
      NATURE OF TRANSACTIONS            Disposal of shares by
                                        associates of a director (on-
                                        market transactions)

      CLASS AND TYPE OF SECURITIES      Ordinary shares

      DATES OF TRANSACTIONS             20 November 2020                 (1)
                                        23 November 2020                 (2)

      NUMBER OF SECURITIES TRANSACTED   12 540                           (1)
                                        24 142                           (2)

      PRICE PER SECURITY (RAND)         R1 344.00          (min)         (1)
                                        R1 368.00          (max)
                                        R1 357.80          (ave)

                                        R1 300.00          (min)         (2)
                                        R1 320.00          (max)
                                        R1 310.55          (ave)

      TOTAL RAND VALUE OF SECURITIES    R17 026 760.00                   (1)
      TRANSACTED                        R31 639 291.99                   (2)

      NAMES OF ASSOCIATES               Die Piet Mouton Trust            (1)
                                        Jufrapi Investments Pty Ltd      (2)

      RELATIONSHIPS WITH DIRECTOR       Director is a trustee and        (1)
                                        beneficiary of the associate
                                        The director is a director of    (2)
                                        the associate and a trustee
                                        and discretionary beneficiary
                                        of a shareholder in the
                                        associate

      NATURE AND EXTENT OF INTEREST     Indirect, beneficial             (1-2)
      IN THE TRANSACTIONS

Rationale for the above trades listed under items 4 and 5

The proceeds will be used to settle debt of the director / associate.

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

25 November 2020
Stellenbosch

Sponsor
PSG Capital

Date: 25-11-2020 04:30:00
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