TRANSACTION CAPITAL LIMITED - WeBuyCars Unbundling: Closing Price Of WeBuyCars Shares And Transaction Capital Shares On Record Date

WeBuyCars Unbundling: Closing Price Of WeBuyCars Shares And Transaction Capital Shares On Record Date

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 number: 2016/130129/06
JSE share code: TCP                                         Bond company code: TCII
ISIN: ZAE000167391                                          LEI: 378900AA31160C6B8195
("Transaction Capital" or "the Company")

WEBUYCARS UNBUNDLING: CLOSING PRICE OF WEBUYCARS SHARES AND TRANSACTION CAPITAL SHARES ON RECORD DATE

Shareholders are referred to the various announcements released by Transaction Capital on the JSE's Stock
Exchange News Service ("SENS") and the circular distributed to Shareholders on Friday, 16 February 2024
("Circular"), regarding the unlocking of value for Shareholders of Transaction Capital, comprising: the firm
intention to unbundle WeBuyCars and its separate listing on the Main Board of the JSE, the WeBuyCars share
issue of R760 million, the private placement of WBC shares of R500 million and a pre-listing capital raise of up
to R750 million.

All capitalised terms used but not defined in this announcement shall bear the meanings ascribed to them in
the Circular. The disclaimers set out in the Circular and the various announcements released by Transaction
Capital on SENS apply equally to this announcement.

As per the applicable JSE Limited corporate action timetable, the Company advises that, on 15 April 2024, the
closing price of WeBuyCars ordinary shares amounted to R20.49 per share and of Transaction Capital ordinary
shares amounted to R2.85 per share respectively.

The Board (including the Independent Board) individually and collectively accepts full responsibility for the
accuracy of the information contained in this announcement. In addition, the Board (including the Independent
Board) certifies that to the best of its knowledge and belief, the information contained in this announcement
solely pertaining to the Company is true and, where appropriate, does not omit anything that is likely to affect
the importance of the information contained herein or which would make any statement false or misleading,
and that all reasonable enquiries to ascertain such information have been made and the announcement
contains all information required by law and the JSE Listings Requirements.

Sandton
15 April 2024

Transaction Advisor and Sponsor
PSG Capital

Legal Advisor as to South African law
ENSafrica

Legal Advisor as to US and UK law
Goodwin

Tax Advisor
Werksmans Attorneys

Escrow Agent
Cliffe Dekker Hofmeyr

Investor Relations
Nomonde Xulu – Email: nomondex@transactioncapital.co.za

Date: 15-04-2024 05:50:00
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