TRANSACTION CAPITAL LIMITED - Dealings in securities by associates of a director and notice of change of beneficial interests

Dealings in securities by associates of a director and notice of change of beneficial interests

Transaction Capital Limited                               TransCapital Investments Limited
(Incorporated in the Republic of South Africa)            (Incorporated in the Republic of South Africa)     
Registration No: 2002/031730/06                           (Registration No. 2016/130129/06)                  
JSE share code: TCP                                       JSE debt code: TCII 
ISIN: ZAE000167391
(“Transaction Capital” or “the Company”)


DEALINGS IN SECURITIES BY ASSOCIATES OF A DIRECTOR AND NOTICE OF CHANGE
OF BENEFICIAL INTERE STS

The family of Jonathan Jawno, a founder of Transaction Capital, is undertaking a process to rearrange the
ownership of its interest in Transaction Capital, but with no change in its absolute holding in the Company.
In compliance with paragraphs 3.63 and 3.65 of the JSE Limited Listings Requirements (“Listings
Requirements”), the following information is disclosed:

  Name of director                                 Jonathan Michael Jawno
  Name of company                                  Transaction Capital Limited
  Date transaction was effected                    26 September 2019
  Class of security                                Ordinary shares
  Share price                                      R17.78
  Number of shares                                 59 333 333
  Total value                                      R1 054 946 661
  Nature of transaction                            Off market disposal and acquisition of ordinary shares
  Nature of interest                               Indirect, non-beneficial
  Clearance obtained                               Yes
  Interest of associates                           The Jawno’s family’s look through rights to
                                                   59 333 333 Transaction Capital shares (‘the shares’),
                                                   held by Kimberley Investment Trust (‘KIT’), have been
                                                   distributed to Mr Jawno.
                                                   Mr Jawno thereafter disposed of the shares to
                                                   Pilatucom Holdings Limited (‘Pilatucom’) all the
                                                   shares of which are held by trusts of which Mr Jawno
                                                   is a contingent discretionary beneficiary.
                                                   The transactions will be implemented once two
                                                   formalities are finalised.

                                                                                                             
Change of beneficial interests
As a result of the above, and in accordance with section 122(3)(b) of the Companies Act no. 71 of 2008 (as
amended) (‘the Act’), and paragraph 3.83(b) of the Listings Requirements, shareholders are hereby advised
that the company received formal notification of the following changes of beneficial interests in the
Company:

1. KIT has disposed of its entire interest in the company; and
2. Pilatucom has acquired a beneficial interest in the company such that it now owns 9.69% of the issued
   ordinary share capital of the company.

As required in terms of section 122(3)(a) of the Act, the company has filed the required notice with the
Takeover Regulation Panel.


Dunkeld West
27 September 2019

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

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




                                                                                                        

Date: 27/09/2019 05:45:00
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