CPI - Capitec Bank Holdings Limited - Declaration of a dividend of 300 cents per
CPI
CPI
CPI - Capitec Bank Holdings Limited - Declaration of a dividend of 300 cents per
ordinary share ("FINAL DIVIDEND") - Final Dividend NR 16
CAPITEC BANK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/025903/06)
(JSE share code: CPI ISIN: ZAE000035861)
("Capitec" or "the company")
DECLARATION OF A DIVIDEND OF 300 CENTS PER ORDINARY SHARE ("FINAL DIVIDEND") -
FINAL DIVIDEND NR 16
The board of Capitec is pleased to announce that they have declared a final
dividend in the amount of 300 cents per ordinary share in respect of the 2012
financial year. The record date for the final dividend is 23 March 2012 and the
payment date is 26 March 2012.
Dividend calculation
The dividend calculation is based on a cover of 2.6 times of the deemed earnings
of the company for the financial year ending on 29 February 2012. The deemed
earnings were calculated using the mid-point of the range announced in the
trading update published on 9 February 2012, i.e 45%. The earnings of the
company have not been finalised and are subject to the conclusion of the year-
end audit on 27 March 2012.
The salient dates for the payment of the Capitec final dividend are set out
below:
Last day to trade cum-dividend Thursday, 15 March 2012
Trading ex-dividend commences Friday, 16 March 2012
Record date Friday, 23 March 2012
Payment date Monday, 26 March 2012
Share certificates may not be dematerialised or rematerialised between Friday,
16 March 2012 and Friday, 23 March 2012, both days included.
Stellenbosch
1 March 2012
Sponsor - PSG Capital (Pty) Limited
Date: 01/03/2012 09:56:01 Produced by the JSE SENS Department.
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