CAPITEC BANK HOLDINGS LIMITED Registration number: 1999/025903/06 Incorporated in the Republic of South Africa Registered bank controlling company
JSE share code: CPI ISIN: ZAE000035861
JSE preference share code: CPIP ISIN: ZAE000083838 "Capitec"
CAPITEC BANK LIMITED
Registration number 1980/003695/06
Incorporated in the Republic of South Africa
Registered bank
Company code: BICAP
Stock Code: CBL29, ISIN: ZAG000158874
Stock Code: CBL30, ISIN: ZAG000180977
RESULTS OF THE CAPITEC GENERAL MEETING HELD AT 14:00 ON TUESDAY, 22 FEBRUARY 2022 ("GENERAL MEETING") RELATING TO A BROAD-BASED BLACK ECONOMIC EMPOWERMENT ("B-BBEE") TRANSACTION INVOLVING EMPLOYEES
Shareholders are referred to the Stock Exchange News Service announcements published by Capitec on 19 January 2022, 24 January 2022 and 21 February 2022, regarding a specific issue of shares for cash to participating employees ("Specific Issue") and the convening of the General Meeting.
Shareholders are advised that all the resolutions required to give effect to the Specific Issue were approved by the requisite majority of shareholders.
In terms of the authority granted, Capitec was authorised to issue Capitec ordinary shares ("Shares") to participating employees ("Specific Issue Shares") and to provide financial assistance to the participating employees to subscribe for the Specific Issue Shares to the extent required ("Financial Assistance").
Based on the opening price of R2080.90 of the Shares on the Johannesburg Stock Exchange today, a maximum of 480 561 Specific Issue Shares will be issued.
The detailed results of the General Meeting are as follows:
Votes | |||||
Votes for | against | ||||
resolution | resolution | Number of | |||
as a | as a | shares | |||
percentage | percentage | voted at | Number of | ||
of total | of total | the General | shares | ||
number of | number of | Number of | Meeting as | abstained | |
shares voted | shares | shares | a | as a | |
Resolutions | at the | voted at | voted at | percentage | percentage |
proposed at the | General | the General | the General | of shares | of shares |
General Meeting | Meeting | Meeting | Meeting | in issue | in issue |
Special resolution | 99.94% | 0.06% | 95 415 741 | 82.52% | 0.04% |
number 1: Approval |
of the Financial | ||||||||
Assistance | ||||||||
Ordinary | 99.89% | 0.11% | 95 | 416 | 560 | 82.52% | 0.04% | |
resolution | ||||||||
number 1: | ||||||||
Approval | of the | |||||||
issue of | the | |||||||
Specific | Issue | |||||||
Shares | ||||||||
Note:
The total number of Shares in issue as at the date of the General Meeting was 115 626 991.
Stellenbosch
22 February 2022
Corporate Advisor and JSE Equity and Debt Sponsor
PSG Capital
Attorneys
Webber Wentzel
Independent Reporting Accountants
PricewaterhouseCoopers Inc.
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Capitec Bank Holdings Limited published this content on 22 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 February 2022 14:21:06 UTC.