TRANSACTION CAPITAL LIMITED - Exercise of share appreciation rights and conditional share awards

Exercise of share appreciation rights and conditional share awards

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")

TransCapital Investments Limited
(Incorporated in the Republic of South Africa)
Registration No. 2016/130129/06
Bond Company code: TCII


EXERCISE OF SHARE APPRECIATION RIGHTS AND CONDITIONAL SHARE AWARDS IN
TERMS OF THE TRANSACTION CAPITAL SHARE APPRECIATION RIGHTS AND
CONDITIONAL SHARE PLANS

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 directors of major subsidiaries
of the company have exercised share appreciation rights ("SARs") and conditional share plan awards ("CSPs")
in terms of the Transaction Capital Share Appreciation Rights Plan and the Transaction Capital Conditional
Share Plan.

Share appreciation rights

Name of director                   David McAlpin
Name of company                    Transaction Capital Risk Services Holdings Proprietary
                                   Limited
Date transaction was effected      27 November 2018
Class of security                  SARs in respect of ordinary shares
Share Price                        R18.51
Number of shares to be delivered   446 384
Total Value                        R8 262 568
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                    Transaction Capital Recoveries Proprietary Limited and
                                   MBD Legal Collections Proprietary Limited
Date transaction was effected      27 November 2018
Class of security                  SARs in respect of ordinary shares
Share Price                        R18.51
Number of shares to be delivered   29 693
Total Value                        R549 617
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      28 November 2018
Class of security                  SARs in respect of ordinary shares
Share Price                        R18.02
Number of shares to be delivered   89 148
Total Value                        R1 606 447
Nature of transaction              Off market exercise of SARs
Nature of interest                 Direct beneficial
Clearance obtained                 Yes

Name of director                   Ronen Goldstein
Name of company                    Transaction Capital Limited
Date transaction was effected      28 November 2018
Class of security                  SARs in respect of ordinary shares
Share Price                        R18.02
Number of shares to be delivered   59 432
Total Value                        R1 070 965
Nature of transaction              Off market exercise of SARs
Nature of interest                 Direct beneficial
Clearance obtained                 Yes

Conditional shares

Name of director                   David Hurwitz
Name of company                    Transaction Capital Limited
Date transaction was effected      28 November 2018
Class of security                  CSPs in respect of ordinary shares
Share Price                        R18.02
Number of shares to be delivered   30 758
Total Value                        R554 259
Nature of transaction              Off market exercise of CSPs
Nature of interest                 Direct beneficial
Clearance obtained                 Yes

Name of director                   Ronen Goldstein
Name of company                    Transaction Capital Limited
Date transaction was effected      28 November 2018
Class of security                  CSPs in respect of ordinary shares
Share Price                        R18.02
Number of shares to be delivered   23 249
Total Value                        R418 947
Nature of transaction              Off market exercise of CSPs
Nature of interest                 Direct beneficial
Clearance obtained                 Yes

Name of company secretary          Theresa Palos
Name of company                    Transaction Capital Limited
Date transaction was effected      28 November 2018
Class of security                  CSPs in respect of ordinary shares
Share Price                        R18.02
Number of shares to be delivered   3 381
Total Value                        R60 926
Nature of transaction              Off market exercise of CSPs
Nature of interest                 Direct beneficial
Clearance obtained                 Yes

Name of director                   Mark Herskovits
Name of company                    Transaction Capital Limited and SA Taxi Finance
                                   Holdings Proprietary Limited
Date transaction was effected      28 November 2018
Class of security                  CSPs in respect of ordinary shares
Share Price                        R18.02
Number of shares to be delivered   22 647
Total Value                        R408 099
Nature of transaction              Off market exercise of CSPs
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      28 November 2018
Class of security                  CSPs in respect of ordinary shares
Share Price                        R18.02
Number of shares to be delivered   35 651
Total Value                        R642 431
Nature of transaction              Off market exercise of CSPs
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      28 November 2018
Class of security                  CSPs in respect of ordinary shares
Share Price                        R18.02
Number of shares to be delivered   8 870
Total Value                        R159 837
Nature of transaction              Off market exercise of CSPs
Nature of interest                 Direct beneficial
Clearance obtained                 Yes
                                                
Name of director                   David McAlpin
Name of company                    Transaction Capital Risk Services Holdings Proprietary
                                   Limited
Date transaction was effected      28 November 2018
Class of security                  CSPs in respect of ordinary shares
Share Price                        R18.02
Number of shares to be delivered   25 376
Total Value                        R457 276
Nature of transaction              Off market exercise of CSPs
Nature of interest                 Direct beneficial
Clearance obtained                 Yes

Name of director                   Carl de Villiers
Name of company                    Transaction Capital Recoveries Proprietary Limited and
                                   MBD Legal Collections Proprietary Limited
Date transaction was effected      28 November 2018
Class of security                  CSPs in respect of ordinary shares
Share Price                        R18.02
Number of shares to be delivered   16 653
Total Value                        R300 087
Nature of transaction              Off market exercise of CSPs
Nature of interest                 Direct beneficial
Clearance obtained                 Yes

Dunkeld West
30 November 2018

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

Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 30/11/2018 12:13:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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