| Fri 29 Aug 2014, 7:15 | | CAPITEC BANK HOLDINGS LIMITED - Declaration of a Dividend of 380.64 Cents per Non-Redeemable Non-Cumulative Non-Participating Preference Share |
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CPIP CPI 201408290002A
Declaration of a Dividend of 380.64 Cents per Non-Redeemable, Non-Cumulative, Non-Participating Preference Share
CAPITEC BANK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/025903/06)
(JSE share code: CPIP
ISIN: ZAE000083838)
(“Capitec”)
DECLARATION OF A DIVIDEND OF 380.64 CENTS PER NON-REDEEMABLE, NON-
CUMULATIVE, NON-PARTICIPATING PREFERENCE SHARE (“PREFERENCE SHARE
DIVIDEND”) – NUMBER 16
The directors of Capitec have declared a preference share dividend of
380.64 cents per share in respect of the six months ending on 31 August
2014. Payment will be effected on Monday, 22 September 2014. This is the
earliest payment date possible in terms of the Listings Requirements of
the JSE Limited (“the Listings Requirements”).
The following information is disclosed in terms of paragraphs 11.17(a) (i)
to (x) and 11.17(c) of the Listings Requirements:
- The cash distribution is a dividend as defined in terms of the Income
Tax Act (Act 58 of 1962)
- The South African dividend tax rate is 15%
- The gross dividend amount is 380.64 cents per share
- The dividend amount net of South African dividend tax of 15% is
323.54400 cents per share
- Capitec has 2 295 211 non-redeemable, non-cumulative, non-participating
preference shares in issue
- No Secondary Tax on Companies (STC) credits were applied against the
dividend
- The distribution is made from income reserves
- Capitec’s tax reference number is 9405/376/84/0
The salient dates for the payment of the preference share dividend are set
out below:
Last day to trade cum-dividend Friday, 12 September 2014
Trading ex-dividend commences Monday, 15 September 2014
Record date Friday, 19 September 2014
Payment date Monday, 22 September 2014
Share certificates may not be dematerialised or rematerialised between
Monday, 15 September and Friday, 19 September 2014, both days included.
Stellenbosch
29 August 2014
Sponsor – PSG Capital (Pty) Limited
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