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TRANSACTION CAPITAL LIMITED - Disposals of Transaction Capital Limited ordinary shares by directors of a major subsidiary

Release Date: 04/12/2013 09:54
Code(s): TCP     PDF:  
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Disposals of Transaction Capital Limited ordinary shares by directors of a major subsidiary

Transaction Capital Limited

(Incorporated in the Republic of South Africa)

Registration number: 2002/031730/06

JSE share code: TCP

ISIN: ZAE000167391

(“the company”)







DISPOSALS OF TRANSACTION CAPITAL LIMITED ORDINARY SHARES BY DIRECTORS OF A



MAJOR SUBSIDIARY







In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notification is

hereby given that the following directors of Bayport Financial Services 2010 Proprietary Limited

(“Bayport”), a major subsidiary of the company, have disposed of ordinary shares in Transaction

Capital Limited in terms of the rules of the Transaction Capital General Share Scheme in anticipation

of Bayport no longer being a subsidiary of the company.





All sales were made with clearances in terms of the JSE Limited Listing Requirements.





Director                                            E R Shapiro







Number of securities                                311 727







Class of security                                   Ordinary shares







                                                    Indirect non-beneficial, through associate



Nature of interest



                                                    Mishamax Trust







Nature of transaction                               Disposal through off market transaction







Date of transaction                                 2 December 2013







Price per security                                  R7.87







Total transaction value                             R2 452 804











Director                                            S Williamson







Number of securities                                354 905







Class of security                                   Ordinary shares







Nature of interest                                  Direct







Nature of transaction                               Disposal through off market transaction







Date of transaction                                 2 December 2013







Price per security                                  R7.87







Total transaction value                             R2 793 102











Director                                            I P Wood







Number of securities                                390 178







Class of security                                   Ordinary shares







Nature of interest                                  Direct







Nature of transaction                               Disposal through off market transaction







Date of transaction                                 2 December 2013







Price per security                                  R7.87







Total transaction value                             R3 070 701











Director                                            W Janse van Rensburg







Number of securities                                138 041







Class of security                                   Ordinary shares







Nature of interest                                  Direct







Nature of transaction                               Disposal through off market transaction







Date of transaction                                 2 December 2013







Price per security                                  R7.80







Total transaction value                             R1 076 324











Director                                            L Coetzer







Number of securities                                128 105







Class of security                                   Ordinary shares







Nature of interest                                  Direct







Nature of transaction                               Disposal through off market transaction







Date of transaction                                 2 December 2013







Price per security                                  R7.87







Total transaction value                             R1 008 186











Sandton



4 December 2013







Enquiries:



Phillipe Welthagen - Investor Relations



Telephone: +27 (0) 11 555 5004











Sponsor:

Deutsche Securities (SA) Proprietary Limited




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