TRANSACTION CAPITAL LIMITED - Acceptance of conditional shares in terms of the Transaction Capital Conditional Share Plan

Acceptance of conditional shares 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 No: 2002/031730/06                        (Registration No. 2016/130129/06)
JSE share code: TCP                                    JSE debt code: TCII
ISIN: ZAE000167391
("Transaction Capital" or "the Company")                 
         

ACCEPTANCE OF CONDITIONAL SHARES IN TERMS OF THE TRANSACTION CAPITAL CONDITIONAL SHARE PLAN

In compliance with the JSE Limited Listings Requirements ("Listings Requirements"), notification is hereby
given that the following directors and company secretary of the Company have accepted a conditional right
to Transaction Capital shares issued in terms of the Transaction Capital Limited Conditional Share Plan
("CSP").

CSP awards are subject to performance criteria and vest equally (i.e. 33.3% p.a.) in years 3, 4 and 5 post
the awarding of same, subject to continued employment. For selected employees, a portion of the CSP
awards are subject to additional super-performance criteria over the vesting periods. All CSP awards have
a strike price of Rnil.

Clearances in terms of the Listings Requirements were obtained in each instance.

 Name of director                                        David Hurwitz
 Name of company                                         Transaction Capital Limited
 Date transaction was effected                           11 December 2020
 Class of security                                       CSP awards in respect of ordinary shares
 Number of CSP awards                                    255 192
 Total value                                             R5 366 688
 Nature of transaction                                   Off market acceptance of allocation of CSP awards
 Extent of interest                                      Direct beneficial

 Name of director                                        Sean Doherty
 Name of company                                         Transaction Capital Limited
 Date transaction was effected                           11 December 2020
 Class of security                                       CSP awards in respect of ordinary shares
 Number of CSP awards                                    124 823
 Total value                                             R2 625 028
 Nature of transaction                                   Off market acceptance of allocation of CSP awards
 Extent of interest                                      Direct beneficial
                                             
 Name of director                                        Mark Herskovits
 Name of company                                         Transaction Capital Limited
 Date transaction was effected                           11 December 2020
 Class of security                                       CSP awards in respect of ordinary shares
 Number of CSP awards                                    165 938
 Total value                                             R3 489 676
 Nature of transaction                                   Off market acceptance of allocation of CSP awards
 Extent of interest                                      Direct beneficial

 Name of company secretary                               Sharon Nayger
 Name of company                                         Transaction Capital Limited
 Date transaction was effected                           11 December 2020
 Class of security                                       CSP awards in respect of ordinary shares
 Number of CSP awards                                    26 391
 Total value                                             R555 003
 Nature of transaction                                   Off market acceptance of allocation of CSP awards
 Extent of interest                                      Direct beneficial

Hyde Park
14 December 2020

Enquiries:
Phillipe Welthagen - Investor Relations
Telephone: +27 (0) 84 512 5393

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

Date: 14-12-2020 05:30:00
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