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 APPRECIATION RIGHTS IN TERMS OF THE TRANSACTION
CAPITAL 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 of the company and of major subsidiaries have exercised share
appreciation rights (“SARs”) on 25 November 2016 in terms of the Transaction Capital Share Appreciation
Rights Plan.

Name of director                                 Ronen Goldstein
Name of company                                  Transaction Capital Limited
Date of grant                                    18 November 2013
Date transaction was effected                    25 November 2016
Class of security                                SARs in respect of ordinary shares
Number of SARs                                   70 180
Exercise Price                                   R14.40
Grant Price                                      R4.21
Number of shares to be delivered                 49 668
Total Value                                      R715 219
Nature of transaction                            Off market exercise of SARs
Nature of interest                               Direct beneficial
Clearance obtained                               Yes

Name of director                                 Mark Herskovits
Name of company                                  Transaction Capital Limited
Date of grant                                    11 July 2013
Date transaction was effected                    25 November 2016
Class of security                                SARs in respect of ordinary shares
Number of SARs                                   939 607
Exercise Price                                   R14.40
Grant Price                                      R3.69
Number of shares to be delivered                 698 893
Total Value                                      R10 064 059
Nature of transaction                            Off market exercise of SARs
Nature of interest                               Direct beneficial
Clearance obtained                               Yes
                                      2



Name of director                   Carl de Villiers
Name of company                    Transaction Capital Recoveries Proprietary Limited
Date of grant                      18 November 2013
Date transaction was effected      25 November 2016
Class of security                  SARs in respect of ordinary shares
Number of SARs                     140 360
Exercise Price                     R14.40
Grant Price                        R4.21
Number of shares to be delivered   99 335
Total Value                        R1 430 424
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 of grant                      18 November 2013
Date transaction was effected      25 November 2016
Class of security                  SARs in respect of ordinary shares
Number of SARs                     280 721
Exercise Price                     R14.40
Grant Price                        R4.21
Number of shares to be delivered   198 670
Total Value                        R2 860 848
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 of grant                      18 November 2013
Date transaction was effected      25 November 2016
Class of security                  SARs in respect of ordinary shares
Number of SARs                     979 049
Exercise Price                     R14.40
Grant Price                        R4.21
Number of shares to be delivered   692 885
Total Value                        R9 977 544
Nature of transaction              Off market exercise of SARs
Nature of interest                 Direct beneficial
Clearance obtained                 Yes
                                                  3


Name of director                               Riek Olivier
Name of company                                SA Taxi Finance Holdings Proprietary Limited
Date of grant                                  18 November 2013
Date transaction was effected                  25 November 2016
Class of security                              SARs in respect of ordinary shares
Number of SARs                                 187 147
Exercise Price                                 R14.40
Grant Price                                    R4.21
Number of shares to be delivered               132 447
Total Value                                    R1 907 237
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 of grant                                  11 July 2013
Date transaction was effected                  25 November 2016
Class of security                              SARs in respect of ordinary shares
Number of SARs                                 626 404
Exercise Price                                 R14.40
Grant Price                                    R3.69
Number of shares to be delivered               465 929
Total Value                                    R6 709 378
Nature of transaction                          Off market exercise of SARs
Nature of interest                             Direct beneficial
Clearance obtained                             Yes

Dunkeld West
28 November 2016

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

Sponsor:
Deutsche Securities (SA) Proprietary Limited

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