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TRANSACTION CAPITAL LIMITED - Exercise of Conditional Share Awards in terms of the Transaction Capital Conditional Share Plan

Release Date: 31/03/2021 11:00
Code(s): TCP     PDF:  
Wrap Text
Exercise of Conditional Share Awards 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 No. 2016/130129/06)
JSE share code: TCP                                    JSE Debt code: TCII
ISIN: ZAE000167391
(“Transaction Capital” or the “Company”)
	
                   

EXERCISE OF CONDITIONAL SHARE AWARDS IN TERMS OF THE TRANSACTION CAPITAL
CONDITIONAL SHARE 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 his conditional share plan award
(“CSPs”) in terms of the Transaction Capital Conditional Share Plan.

Name of director                           Mark Herskovits
Name of company                            Transaction Capital Limited
Date transaction was effected              31 March 2021
Class of security                          CSPs in respect of ordinary shares of the Company
Share price                                R28.63
Number of shares to be delivered           56 420
Total value of transaction                 R1 615 304.60
Nature of transaction                      Off market exercise of CSPs (and receipt of
                                           corresponding Transaction Capital ordinary shares)
Nature of interest                         Direct beneficial
Clearance obtained                         Yes


Hyde Park

31 March 2021

Enquiries:
Sharon Nayger – Company Secretary
Telephone: +27 82 9040654


Sponsors
Equity Sponsor: INVESTEC BANK LIMITED
Debt Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 31-03-2021 11:00:00
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