01 Jul - 2 min read

Update To Previously Announced Dealings In Securities By An Associate Of A Director and Notification In Terms Of Sec

Update To Previously Announced Dealings In Securities By An Associate Of A Director and Notification In Terms Of Sec

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
“Capitec”

UPDATE TO PREVIOUSLY ANNOUNCED DEALINGS IN SECURITIES BY AN ASSOCIATE OF A
DIRECTOR

Shareholders are referred to the announcements previously made on
respectively 20 December 2018, 11 June 2019, 24 February 2020 and 1 June
2020 (the “Prior Announcements”) in relation to collar transactions entered
into by Limietberg Sekuriteit (Pty) Ltd (“Limietberg”), an associate of Mr
M S du P le Roux. As a result of an internal group restructuring by
associates of Mr le Roux (not resulting in any change to the indirect, non-
beneficial shareholding of Mr le Roux), of certain of the shares held in
Capitec, Limietberg has been replaced with Kalander Sekuriteit (Pty) Ltd
(“Kalander”)(an associate of Mr le Roux) as the counterparty to the collar
transactions. Accordingly, all relevant references to Limietberg in the
Prior Announcements should now be read as Kalander. Save for the
aforementioned, all other disclosures in the Prior Announcements remain
unchanged. All relevant financial obligations of Mr le Roux’s associates
remain secured by the same number of shares that were provided as collateral
prior to the internal group restructure.

NOTIFICATION IN TERMS OF SECTION 122(3)(b) OF THE COMPANIES ACT, NO. 71 OF
2008, AS AMENDED AND PARAGRAPH 3.83(b) OF THE JSE LIMITED LISTINGS
REQUIREMENTS

Shareholders are further advised that, as a result of the internal group
restructuring referred to above, Limietberg has transferred a portion of
its interest in Capitec to Kalander such that:

a) Limietberg now holds 4.89%; and
b) Kalander now holds 5.95%,

in the ordinary share capital of Capitec.

Capitec has notified the Takeover Regulation Panel of the above in
accordance with its obligations under section 122 of the Companies Act, No.
71 of 2008, as amended.

1 July 2021
Stellenbosch

Sponsor
PSG Capital

Date: 01-07-2021 03:10:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Capitec Bank Holdings (JSE:CPI) when you join Listcorp.