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CAPITEC BANK LIMITED - Publication Of The Companys AFS For The Financial Year Ended 28 February 2021 And Update To Programme Memorandum

Release Date: 13/04/2021 07:07
Code(s): CBL29 CBL28 CBL26     PDF:  
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Publication Of The Company’s AFS For The Financial Year Ended 28 February 2021 And Update To Programme Memorandum

CAPITEC BANK LIMITED
Registration number 1980/003695/06
Incorporated in the Republic of South Africa
Company code: BICAP
Stock Code: CBL26
ISIN Code: ZAG000136128
Stock Code: CBL28
ISIN Code: ZAG000151333
Stock Code: CBL29
ISIN Code: ZAG000158874
(“the Company”)

PUBLICATION OF THE COMPANY’S ANNUAL FINANCIAL STATEMENTS FOR THE
FINANCIAL YEAR ENDED 28 FEBRUARY 2021 AND UPDATE TO THE SECTION OF THE
PROGRAMME MEMORANDUM HEADED "DESCRIPTION OF THE ISSUER"

PUBLICATION OF THE COMPANY’S ANNUAL FINANCIAL STATEMENTS FOR THE
FINANCIAL YEAR ENDED 28 FEBRUARY 2021

Noteholders are hereby advised that the Company’s annual financial
statements for the financial year ended 28 February 2021, are available
on the Company’s website at https://www.capitecbank.co.za/investor-
relations/bond-programme or may be requested and obtained in person, at
no charge, at the registered office of the Company, being 5 Neutron
Road, Techno Park, Stellenbosch 7600, (“Specified Office”) during office
hours.

The audit opinion relating to the above-referenced annual financial
statements is unmodified.

Noteholders are specifically advised of note 45 in the annual financial
statements dealing with discontinued operations. As a result of the sale
of the shares in the insurance cell captives by Capitec Bank Limited to
Capitec Ins Proprietary Limited, a wholly-owned subsidiary of Capitec
Bank Holdings Limited, credit life insurance income and funeral income
will no longer be recognised by Capitec Bank Limited subsequent to 31
March 2021.

UPDATE TO THE SECTION OF THE PROGRAMME MEMORANDUM HEADED "DESCRIPTION
OF THE ISSUER"

Reference is made to the Amended and Updated Programme Memorandum dated
21 April 2016 ("Programme Memorandum") prepared by the Company in respect
of the Capitec Bank Limited ZAR8,000,000,000 Domestic Medium Term Note
Programme.

Noteholders are hereby advised that the "Capitec Bank Limited Annual
Report" for the financial year of the Company ended 28 February 2021
("2021 Annual Report"), which is incorporated by reference into the
Programme Memorandum (see the section of the Programme Memorandum headed
"Documents Incorporated by Reference"), updates the description of the
Company and its business set out in the section of the Programme
Memorandum headed "Description of the Issuer". The 2021 Annual Report
is available for inspection, upon request, during normal office hours,
at the Specified Office of the Company as well as on the following
website: www.capitecbank.co.za.

Stellenbosch
13 April 2021

Debt Sponsor
PSG Capital

Date: 13-04-2021 07:07:00
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