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Acceptance of Share Appreciation Rights in terms of the Transaction Capital Limited 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
(“the company”)
ACCEPTANCE OF SHARE APPRECIATION RIGHTS IN TERMS OF THE TRANSACTION
CAPITAL LIMITED 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 directors and company secretary of the company and of major subsidiaries have exercised
share appreciation rights (“SARs”) on 12 July 2016 in terms of the Transaction Capital Limited Share Appreciation
Rights Plan. The SARs were granted to participants on 11 July 2013.
Name of director Mark Herskovits
Name of company Transaction Capital Limited
Date transaction was effected 12 July 2016
Class of security SARs in respect of ordinary shares
Number of SARs 751 685
Exercise Price R11.09
Grant Price R3.69
Number of shares to be delivered 501 576
Total value R5 562 478
Nature of transaction Off market exercise of SARs
Nature of interest Direct beneficial
Clearance Obtained Yes
Name of director David McAlpin
Name of company MBD Credit Solutions Holdings Proprietary Limited
Date transaction was effected 12 July 2016
Class of security SARs in respect of ordinary shares
Number of SARs 751 680
Exercise Price R11.09
Grant Price R3.69
Number of shares to be delivered 501 572
Total value R5 562 433
Nature of transaction Off market exercise of SARs
Nature of interest Direct beneficial
Clearance Obtained Yes
Name of director Carl de Villiers
Name of company MBD Credit Solutions Proprietary Limited
Date transaction was effected 12 July 2016
Class of security SARs in respect of ordinary shares
Number of SARs 281 881
Exercise Price R11.09
Grant Price R3.69
Number of shares to be delivered 188 091
Total value R2 085 929
Nature of transaction Off market exercise of SARs
Nature of interest Direct beneficial
Clearance Obtained Yes
Name of director Maheshini Naidoo
Name of company MBD Credit Solutions Proprietary Limited
Date transaction was effected 12 July 2016
Class of security SARs in respect of ordinary shares
Number of SARs 46 980
Exercise Price R11.09
Grant Price R3.69
Number of shares to be delivered 31 349
Total value R347 660
Nature of transaction Off market exercise of SARs
Nature of interest Direct beneficial
Clearance Obtained Yes
Name of director Terry Kier
Name of company SA Taxi Finance Holdings Proprietary Limited
Date transaction was effected 12 July 2016
Class of security SARs in respect of ordinary shares
Number of SARs 2 004 494
Exercise Price R11.09
Grant Price R3.69
Number of shares to be delivered 1 337 536
Total value R14 833 274
Nature of transaction Off market exercise of SARs
Nature of interest Direct beneficial
Clearance Obtained Yes
Name of director Dawid Spangenberg
Name of company SA Taxi Finance Holdings Proprietary Limited
Date transaction was effected 12 July 2016
Class of security SARs in respect of ordinary shares
Number of SARs 939 607
Exercise Price R11.09
Grant Price R3.69
Number of shares to be delivered 626 970
Total value R6 953 097
Nature of transaction Off market exercise of SARs
Nature of interest Direct beneficial
Clearance Obtained Yes
Name of director Lorenzo Cardoso
Name of company SA Taxi Finance Holdings Proprietary Limited
Date transaction was effected 12 July 2016
Class of security SARs in respect of ordinary shares
Number of SARs 313 202
Exercise Price R11.09
Grant Price R3.69
Number of shares to be delivered 208 991
Total value R2 317 710
Nature of transaction Off market exercise of SARs
Nature of interest Direct beneficial
Clearance Obtained Yes
Name of director Bonisile Makubalo
Name of company SA Taxi Finance Holdings Proprietary Limited
Date transaction was effected 12 July 2016
Class of security SARs in respect of ordinary shares
Number of SARs 62 640
Exercise Price R11.09
Grant Price R3.69
Number of shares to be delivered 41 798
Total value R463 540
Nature of transaction Off market exercise of SARs
Nature of interest Direct beneficial
Clearance Obtained Yes
Name of director Riek Olivier
Name of company SA Taxi Finance Holdings Proprietary Limited
Date transaction was effected 12 July 2016
Class of security SARs in respect of ordinary shares
Number of SARs 62 640
Exercise Price R11.09
Grant Price R3.69
Number of shares to be delivered 41 798
Total value R463 540
Nature of transaction Off market exercise of SARs
Nature of interest Direct beneficial
Clearance Obtained Yes
Name of company secretary Ronen Goldstein
Name of company Transaction Capital Limited
Date transaction was effected 12 July 2016
Class of security SARs in respect of ordinary shares
Number of SARs 62 640
Exercise Price R11.09
Grant Price R3.69
Number of shares to be delivered 41 798
Total value R463 540
Nature of transaction Off market exercise of SARs
Nature of interest Direct beneficial
Clearance Obtained Yes
Dunkeld West
14 July 2016
Enquiries:
Phillipe Welthagen - Investor Relations
Mark Herskovits – Chief Financial Officer
Telephone: +27 (0) 11 049 6700
Sponsor: Deutsche Securities (SA) Proprietary Limited
Date: 14/07/2016 03:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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