TRANSACTION CAPITAL LIMITED - Exercise of Share Appreciation Rights

Exercise of Share Appreciation Rights

Transaction Capital Limited
(Incorporated in the Republic of South Africa)
Registration number: 2002/031730/06
JSE share code: TCP
ISIN: ZAE000167391
(“Transaction Capital” or “the company”)

EXERCISE OF SHARE APPRECIATION RIGHTS

In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notification is hereby
given that the following director of a major subsidiary of the company has exercised share appreciation rights
(“SARs”) in terms of the Transaction Capital Limited Share Appreciation Rights Plan.

    Name of director                               Dawid Spangenberg
    Name of company                                SA Taxi Finance Holdings Proprietary Limited
    Date of grant                                  18 November 2013
    Date transaction was effected                  7 December 2017
    Class of security                              SARs in respect of ordinary shares
    Number of SARs                                 467 869
    Exercise Price                                 R15.29
    Grant Price                                    R4.21
    Number of shares to be delivered               337 639
    Total Value                                    R5 162 500
    Nature of transaction                          Off market exercise of SARs
    Nature of interest                             Direct beneficial
    Clearance obtained                             Yes

Dunkeld West
8 December 2017

Enquiries:
Phillipe Welthagen - Investor Relations
Telephone: +27 (0) 11 049 6700

Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 08/12/2017 03:29:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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