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 director of the company has exercised share appreciation rights (“SARs”) on 21 July
2017 in terms of the Transaction Capital Share Appreciation Rights Plan.

 Name of director                                 Mark Herskovits
 Name of company                                  Transaction Capital Limited
 Date of grant                                    18 November 2013
 Date transaction was effected                    21 July 2017
 Class of security                                SARs in respect of ordinary shares
 Number of SARs                                   1 251 578
 Exercise Price                                   R14.80
 Grant Price                                      R4.21
 Number of shares to be delivered                 893 246
 Total Value                                      R13 220 041
 Nature of transaction                            Off market exercise of SARs
 Nature of interest                               Direct beneficial
 Clearance obtained                               Yes

Dunkeld West
24 July 2017

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

Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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