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TRANSCAPITAL INVESTMENTS LIMITED - Dealings in securities by directors and by directors of major subsidiaries of the Company

Release Date: 08/12/2022 07:05
Code(s): TC001 TC002 TCP     PDF:  
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Dealings in securities by directors and by directors of major subsidiaries of the Company

Transaction Capital Limited                                       TransCapital Investments Limited
(Incorporated in the Republic of South Africa)                    (Incorporated in the Republic of South Africa)
Registration number: 2002/031730/06                                Registration number: 2016/130129/06
JSE share code: TCP                                                Bond company code: TCII
ISIN: ZAE000167391
("Transaction Capital")


DEALINGS IN SECURITIES BY DIRECTORS AND BY DIRECTORS OF MAJOR SUBSIDIARIES OF THE COMPANY

In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notification is hereby
given that the following directors of the Company and directors of major subsidiaries have exercised their
conditional share plan awards (“CSPs”) in terms of the Transaction Capital Conditional Share Plan. In
addition, some directors have also disposed of securities held in the Company. A portion of the proceeds
from the sale of securities will be utilised to settle taxes in terms of the Long Term Incentive Plans.

All disposals of Transaction Capital securities were executed on market by a broker, with prior clearance,
on behalf of the directors. The directors were not actively involved in the sale process.

The necessary clearance in terms of paragraph 3.66 of the JSE Listings Requirements has been obtained.

 Name of director                                 David Hurwitz
 Name of company                                  Transaction Capital Limited
 Date of vesting                                  23 November 2022
 Class of security                                CSPs in respect of ordinary shares of the Company

 Vesting price                                    R38.69
 Number of shares to be delivered                 151 083
 Total deemed value of vested shares              R5 845 401.27
 Nature of transaction                            Off market exercise of CSPs (and receipt of
                                                  corresponding Transaction Capital ordinary shares)
 Nature of interest                               Direct beneficial
 Clearance obtained                               Yes



 Name of director                                 Sean Doherty
 Name of company                                  Transaction Capital Limited

 Date of vesting                                  23 November 2022
 Class of securities                              CSPs in respect of ordinary shares of the Company
 Vesting price                                    R38.69
 Number of shares to be delivered                 28 651

 Total deemed value of vested shares              R1 108 507.19

 Nature of transaction                            Off market exercise of CSPs (and receipt of corresponding
                                                  Transaction Capital ordinary shares) and on market sale of
                                                  ordinary shares

Date proceeds from sale notified to               7 December 2022
director
Number of securities sold                         14 326

VWAP per share                                    R37.52
Lowest price per share                            R35.91
Highest price per share                           R38.79
Value of transaction                              R537 511.52

Extent of interest                                Direct, beneficial
Clearance obtained                                Yes


Name of director                                  Mark Herskovits
Name of company                                   Transaction Capital Limited
Date of vesting                                   23 November 2022
Class of securities                               CSPs in respect of ordinary shares of the Company

Vesting price                                     R38.69
Number of shares to be delivered                  72 093
Total deemed value of vested shares               R2 789 278.17
Nature of transaction                             Off market exercise of CSPs (and receipt of corresponding
                                                  Transaction Capital ordinary shares) and on market sale of
                                                  ordinary shares
Date proceeds from sale notified to               7 December 2022
director
Number of securities sold                         72 093
VWAP per share                                    R37.52
Lowest price per share                            R35.91

Highest price per share                           R38.79
Value of transaction                              R2 704 929.36
Extent of interest                                Direct, beneficial
Clearance obtained                                Yes



Name of director                                 Lorenzo Cardoso
Name of company                                  SA Taxi Holdings Proprietary Limited

Date of vesting                                  23 November 2022
Class of securities                              CSPs in respect of ordinary shares of the Company
Vesting price                                    R38.69
Number of shares to be delivered                 97 591

Total deemed value of vested shares              R3 775 795.79
Nature of transaction                            Off market exercise of CSPs (and receipt of corresponding
                                                 Transaction Capital ordinary shares) and on market sale of
                                                 ordinary shares
Date proceeds from sale notified to              7 December 2022
director
Number of securities sold                        77 876
VWAP per share                                   R37.52

Lowest price per share                           R35.91
Highest price per share                          R38.79
Value of transaction                             R2 921 907.52
Extent of interest                               Direct, beneficial

Clearance obtained                               Yes



Name of director                                 Sara Olivier

Name of company                                  SA Taxi Holdings Proprietary Limited
Date of vesting                                  23 November 2022
Class of securities                              CSPs in respect of ordinary shares of the Company
Vesting price                                    R38.69

Number of shares to be delivered                 3 733
Total deemed value of vested shares              R144 429.77
Nature of transaction                            Off market exercise of CSPs (and receipt of corresponding
                                                 Transaction Capital ordinary shares) and on market sale of
                                                 ordinary shares

Date proceeds from sale notified to              7 December 2022
director
Number of securities sold                        3 733

VWAP per share                                   R37.52
Lowest price per share                           R35.91
Highest price per share                          R38.79
Value of transaction                             R140 062.16

Extent of interest                               Direct, beneficial
Clearance obtained                               Yes
Name of director                                 David McAlpin
Name of company                                  Nutun Holdings Proprietary Limited

Date of vesting                                  23 November 2022
Class of securities                              CSPs in respect of ordinary shares of the Company
Vesting price                                    R38.69
Number of shares to be delivered                 204 484

Total deemed value of vested shares              R7 911 485.96
Nature of transaction                            Off market exercise of CSPs (and receipt of corresponding
                                                 Transaction Capital ordinary shares) and on market sale of
                                                 ordinary shares
Date proceeds from sale notified to              7 December 2022
director
Number of securities sold                        204 484
VWAP per share                                   R37.52

Lowest price per share                           R35.91
Highest price per share                          R38.79
Value of transaction                             R7 672 239.68
Extent of interest                               Direct, beneficial

Clearance obtained                               Yes



Name of director                                 Robert Amoils

Name of company                                  Nutun Holdings Proprietary Limited
Date of vesting                                  23 November 2022
Class of securities                              CSPs in respect of ordinary shares of the Company
Vesting price                                    R38.69

Number of shares to be delivered                 98 366
Total deemed value of vested shares              R3 805 780.54
Nature of transaction                            Off market exercise of CSPs (and receipt of corresponding
                                                 Transaction Capital ordinary shares) and on market sale of
                                                 ordinary shares)

Date proceeds from sale notified to              7 December 2022
director
Number of securities sold                        49 184

VWAP per share                                   R37.52
Lowest price per share                           R35.91
Highest price per share                          R38.79
Value of transaction                             R1 845 383.68
Extent of interest                               Direct, beneficial
Clearance obtained                               Yes



 Name of director                               Dineo Sekwele
 Name of company                                Nutun Holdings Proprietary Limited

 Date of vesting                                23 November 2022
 Class of securities                            CSPs in respect of ordinary shares of the Company
 Vesting price                                  R38.69
 Number of shares to be delivered               53 548

 Total deemed value of vested shares            R2 071 772.12
 Nature of transaction                          Off market exercise of CSPs (and receipt of corresponding
                                                Transaction Capital ordinary shares) and on market sale of
                                                ordinary shares)
 Date proceeds from sale notified to            7 December 2022
 director
 Number of securities sold                      53 548
 VWAP per share                                 R37.52

 Lowest price per share                         R35.91
 Highest price per share                        R38.79
 Value of transaction                           R2 009 120.96
 Extent of interest                             Direct, beneficial

 Clearance obtained                             Yes



Rosebank
8 December 2022

Enquiries:
Lisa Lill – Company Secretary
Email: lisal@transactioncapital.co.za

Sponsors:
Equity Sponsor: Investec Bank Limited
Debt Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 08-12-2022 07:05:00
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