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TRANSACTION CAPITAL LIMITED - Sale of Securities by Directors of Major Subsidiaries

Release Date: 06/03/2014 11:15
Code(s): TCP     PDF:  
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Sale of Securities by Directors of Major Subsidiaries


Transaction Capital Limited
(Incorporated in the Republic of South Africa)
 Registration number: 2002/031730/06
 JSE share code: TCP
 ISIN: ZAE000167391
 (“the company”)


SALE OF SECURITIES BY DIRECTORS OF MAJOR SUBSIDIARIES IN TERMS OF THE TRANSACTION CAPITAL LIMITED GENERAL SHARE SCHEME

In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notification is hereby given
that the following directors of major subsidiaries of the company have disposed of securities in the company in
terms of the Transaction Capital Limited Share Scheme (the “Scheme”) rules.

Clearances in terms of the JSE Listing Requirements were obtained.

Name of director                    Charl van der Walt

Name of subsidiary company          MBD Credit Solutions Holdings Proprietary Limited

Date transaction was effected       6 March 2014

Nature of transaction               Off market sale of ordinary shares

Total value of securities           R3 302 461.44

Number of securities                447 488

Price per security                  R7.38

Class of securities                 Ordinary Shares

Nature of interest                  Direct beneficial


Name of director                    David Spangenberg

Name of subsidiary company          SA Taxi Finance Holdings Proprietary Limited

Date transaction was effected       6 March 2014

Nature of transaction               Off market sale of ordinary shares

Total value of securities           R2 972 339.28

Number of shares                    402 756

Price per security                  R7.38

Class of securities                 Ordinary Shares

Nature of interest                  Direct beneficial


Name of director                    Bradley Shirras

Name of subsidiary company          SA Taxi Finance Holdings Proprietary Limited

Date transaction was effected       6 March 2014

Nature of transaction               Off market sale of ordinary shares

Total value of securities           R1 343 750.40

Number of shares                    182 080

Price per security                  R7.38

Class of securities                 Ordinary Shares

Nature of interest                  Direct beneficial


Name of director                    Bonisile Makubalo

Name of subsidiary company          SA Taxi Finance Holdings Proprietary Limited

Date transaction was effected       6 March 2014

Nature of transaction               Off market sale of ordinary shares

Total value of securities           R1 918 002.96

Number of shares                    259 892

Price per security                  R7.38

Class of securities                 Ordinary Shares

Nature of interest                  Direct beneficial


Name of director                    Lorenzo Cardoso

Name of subsidiary company          SA Taxi Finance Holdings Proprietary Limited

Date transaction was effected       6 March 2014

Nature of transaction               Off market sale of ordinary shares

Total value of securities           R541 551.78

Number of shares                    73 381

Price per security                  R7.38

Class of securities                 Ordinary Shares

Nature of interest                  Direct beneficial


Name of director                    Terry Kier

Name of subsidiary company          SA Taxi Finance Holdings Proprietary Limited

Date transaction was effected       6 March 2014

Nature of transaction               Off market sale of ordinary shares

Total value of securities           727 413

Number of shares                    R5 368 307.94

Price per security                  R7.38

Class of securities                 Ordinary Shares

Nature of interest                  Direct beneficial


Sandton
6 March 2014

Enquiries:
Phillipe Welthagen - Investor Relations
Telephone: +27 (0) 11 555 5004

Sponsor: Deutsche Securities (SA) Proprietary Limited




                                                       
Date: 06/03/2014 11:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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