CAPITAL APPRECIATION LIMITED - Dealings in securities by a director of a major subsidiary

Dealings in securities by a director of a major subsidiary

Capital Appreciation Limited
Incorporated in the Republic of South Africa
(Registration number 2014/253277/06)
Share Code: CTA
ISIN: ZAE000208245
(the "Company")

Dealings in securities by a director of a major subsidiary

In compliance with the JSE Limited ("JSE") Listings Requirements, shareholders are advised of the following information
relating to dealing in securities by a director of a major subsidiary company in the Company.

The vesting and sale transactions, where applicable, occurred in terms of the Capital Appreciation Conditional Share
Plan. The sale transaction occurred on market following vesting and the delivery of the award occurred off-market.

Name of director                           :   Donn Engelbrecht
Position and Company                       :   Managing Executive: Payments Division. Managing Director: African
                                               Resonance Business Solutions Proprietary Limited
Class of securities                        :   Ordinary shares
Nature of transaction                      :   Automatic vesting of share plan awards
Number of securities vested                :   1,262,560 shares awarded at R1,24 per share
Value of vesting transaction               :   R1,565,574
Number of securities sold                  :   1,262,560 shares @ R1,24 per share                                           
Date of sale                               :   19 February 2024                                           
Total value of sale transaction            :   R1,565,574                                           
Nature and extent of interest              :   Direct beneficial


The share award was granted on 21 September 2020.
Automatic vesting of the share award took place on 6 February 2024.

The necessary clearance has been obtained as required in terms of the JSE Listings Requirements for the transaction.

21 February 2024
Sandton

Sponsor: Investec Bank Limited

Date: 21-02-2024 10:13:00
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