To view the PDF file, sign up for a MySharenet subscription.

CAPITEC BANK HOLDINGS LIMITED - Trading Statement Update

Release Date: 09/09/2024 11:35
Code(s): CPI CPIP     PDF:  
Wrap Text
Trading Statement Update

CAPITEC BANK HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number 1999/025903/06
Ordinary Share Code: CPI ISIN Number: ZAE000035861
Preference Share Code: CPIP ISIN Number: ZAE000083838
("Capitec" or "the group")

TRADING STATEMENT UPDATE

Shareholders are referred to the trading statement issued by Capitec on
12 July 2024 in which it was stated that group headline earnings and
group earnings per share for the period to 31 August 2024 would
increase by between 25% and 35% compared to the comparative 6 months
ended 31 August 2023.

The board advises that a reasonable degree of certainty exists that for
the 6 months ended 31 August 2024:

-   group headline earnings per share will be between 5 497 cents and
    5 579 cents per share, representing an increase of between 35% and
    37% compared to the 4 072 cents per share for the comparative 6
    months ended 31 August 2023; and

-   group earnings per share will be between 5 492 cents and 5 573
    cents per share, representing an increase of between 35% and 37%
    compared to the 4 068 cents per share for the comparative 6 months
    ended 31 August 2023.

The drivers of the increase in group headline earnings and earnings per
share are consistent with the drivers mentioned in the trading statement
issued on 12 July 2024.

The financial information on which this trading statement is based has
not been reviewed or reported on by Capitec's auditors. The financial
results for the 6 months to 31 August 2024 are expected to be published
on SENS on or about 1 October 2024.

Stellenbosch
9 September 2024

Sponsor
PSG Capital

Date: 09-09-2024 11:35:00
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.