TRANSACTION CAPITAL LIMITED - Exercise of Share Appreciation Rights in terms of the Transaction Capital Share Appreciation Rights Plan

Exercise of Share Appreciation Rights in terms of the Transaction Capital Share Appreciation Rights Plan

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 APPRECIATIO N RIGHTS IN TERMS OF THE TRANSACTION
CAPIT AL SHARE APPRECIATION RIGHTS PLAN

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”) on 25 May 2017 in terms of the Transaction Capital Share Appreciation Rights Plan.

 Name of director                                  Carl de Villiers
 Name of company                                   Transaction Capital Recoveries Proprietary Limited
 Date of grant                                     6 May 2014
 Date transaction was effected                     25 May 2017
 Class of security                                 SARs in respect of ordinary shares
 Number of SARs                                    250 000
 Exercise Price                                    R14.70
 Grant Price                                       R5.41
 Number of shares to be delivered                  158 001
 Total Value                                       R2 322 615
 Nature of transaction                             Off market exercise of SARs
 Nature of interest                                Direct beneficial
 Clearance obtained                                Yes

Dunkeld West
29 May 2017

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

Sponsor:
Deutsche Securities (SA) Proprietary Limited

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