Capitec issues BEE shares

Capitec will sell 12,21 percent of the company to a consortium of black companies, trusts and black individuals for R300million, bringing its total BEE shareholding to 16,56 percent .

Capitec will sell 12,21 percent of the company to a consortium of black companies, trusts and black individuals for R300million, bringing its total BEE shareholding to 16,56 percent .

Capitec will issue 10million shares at R30 a share to the consortium, which includes Kaebetso Holdings and Vallie Moosa's Batho-Batho Trust. - Staff Reporter

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