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TRANSACTION CAPITAL LIMITED - Acceptance of Conditional Shares in terms of the Transaction Capital Conditional Share Plan

Release Date: 14/12/2023 14:50
Code(s): TCP TC002 TC001     PDF:  
Wrap Text
Acceptance of Conditional Shares in terms of the Transaction Capital Conditional Share Plan

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                                           LEI NUMBER: 378900AA31160C6B8195                 
("Transaction Capital" or "the Company")

ACCEPTANCE OF CONDITIONAL SHARES IN TERMS OF THE TRANSACTION CAPITAL CONDITIONAL SHARE PLAN

In compliance with the JSE Limited Listings Requirements ("Listings Requirements"), notification is hereby
given that the following directors and company secretary of the Company and directors and company
secretary of its major subsidiaries have accepted a conditional right to Transaction Capital shares issued in
terms of the Transaction Capital Limited Conditional Share Plan ("CSP"). All CSP awards have a strike price
of Rnil and a three-year vesting period.

Clearances in terms of the Listings Requirements were obtained in each instance.

 Name of director                                            Sahil Samjowan
 Name of company                                             Transaction Capital Limited
 Date transaction was effected                               14 December 2023
 Class of security                                           CSP awards in respect of ordinary shares
 Number of Transaction Capital Limited shares to be          507 374
 delivered
 Deemed value per Transaction Capital Limited share          R7.12
 Deemed total value of transaction                           R3 612 502.88
 Nature of transaction                                       Off market acceptance of CSP awards
 Nature of Interest                                          Direct beneficial

 Name of director                                            Mark Herskovits
 Name of company                                             Transaction Capital Limited
 Date transaction was effected                               14 December 2023
 Class of security                                           CSP awards in respect of ordinary shares
 Number of Transaction Capital Limited shares to be          1 341 310
 delivered
 Deemed value per Transaction Capital Limited share          R7.12
 Deemed total value of transaction                           R9 550 127.20
 Nature of transaction                                       Off market acceptance of CSP awards
 Nature of Interest                                          Direct beneficial

 Name of company secretary                                   Lisa Lill
 Name of company                                             Transaction Capital Limited
 Date transaction was effected                               14 December 2023
 Class of security                                           CSP awards in respect of ordinary shares
 Number of Transaction Capital Limited shares to be          140 025
 delivered
 Deemed value per Transaction Capital Limited share          R7.12
 Deemed total value of transaction                           R996 978
 Nature of transaction                                       Off market acceptance of CSP awards
 Nature of Interest                                          Direct beneficial

 Name of director                                            Robert Amoils
 Name of company                                             Nutun Holdings Proprietary Limited
 Date transaction was effected                               14 December 2023
 Class of security                                           CSP awards in respect of ordinary shares
 Number of Nutun Holdings Proprietary Limited                2 879 320
 shares to be delivered
 Deemed value per Nutun Holdings Proprietary                 R9.20
 Limited share
 Deemed total value of transaction                           R26 489 744
 Nature of transaction                                       Off market acceptance of CSP awards
 Nature of Interest                                          Direct beneficial

 Name of director                                            John Watling
 Name of company                                             Nutun Holdings Proprietary Limited
 Date transaction was effected                               14 December 2023
 Class of security                                           CSP awards in respect of ordinary shares
 Number of Nutun Holdings Proprietary Limited                389 471
 shares to be delivered
 Deemed value per Nutun Holdings Proprietary                 R9.20
 Limited share
 Deemed total value of transaction                           R3 583 133.20
 Nature of transaction                                       Off market acceptance of CSP awards
 Nature of Interest                                          Direct beneficial

 Name of director                                            Tanya Grota
 Name of company                                             Nutun Holdings Proprietary Limited
 Date transaction was effected                               14 December 2023
 Class of security                                           CSP awards in respect of ordinary shares
 Number of Nutun Holdings Proprietary Limited                195 653
 shares to be delivered
 Deemed value per Nutun Holdings Proprietary                 R9.20
 Limited share
 Deemed total value of transaction                           R1 800 007.60
 Nature of transaction                                       Off market acceptance of CSP awards
 Nature of Interest                                          Direct beneficial

 Name of director                                            Stella Dineo Sekwele
 Name of company                                             Nutun Holdings Proprietary Limited
 Date transaction was effected                               14 December 2023
 Class of security                                           CSP awards in respect of ordinary shares
 Number of Nutun Holdings Proprietary Limited                188 739
 shares to be delivered
 Number of Nutun Holdings Proprietary Limited                R9.20
 shares to be delivered
 Deemed total value of transaction                           R1 736 398.80
 Nature of transaction                                       Off market acceptance of CSP awards
 Nature of Interest                                          Direct beneficial

 Name of company secretary                                   Pieter Vorster
 Name of company                                             Nutun Holdings Proprietary Limited
 Date transaction was effected                               14 December 2023
 Class of security                                           CSP awards in respect of ordinary shares
 Number of Nutun Holdings Proprietary Limited                22 827
 shares to be delivered
 Number of Nutun Holdings Proprietary Limited                R9.20
 shares to be delivered
 Deemed total value of transaction                           R210 008.40
 Nature of transaction                                       Off market acceptance of CSP awards
 Nature of Interest                                          Direct beneficial

 Name of director                                            Christopher Rein
 Name of company                                             We Buy Cars Proprietary Limited
 Date transaction was effected                               14 December 2023
 Class of security                                           CSP awards in respect of ordinary shares
 Number of We Buy Cars Proprietary Limited shares            380 669
 to be delivered
 Deemed value per We Buy Cars Proprietary Limited            R10.00
 share
 Deemed total value of transaction                           R3 806 690.00
 Nature of transaction                                       Off market acceptance of CSP awards
 Nature of Interest                                          Direct beneficial

 Name of director                                            John Mills
 Name of company                                             We Buy Cars Proprietary Limited
 Date transaction was effected                               14 December 2023
 Class of security                                           CSP awards in respect of ordinary shares
 Number of We Buy Cars Proprietary Limited shares            469 252
 to be delivered
 Deemed value per We Buy Cars Proprietary Limited            R10.00
 share
 Deemed total value of transaction                           R4 692 520.00
 Nature of transaction                                       Off market acceptance of CSP awards
 Nature of Interest                                          Direct beneficial


Rosebank
14 December 2023

Enquiries:
Lisa Lill – Company Secretary
Telephone: +27 84 4006158

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

Date: 14-12-2023 02:50:00
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