TRANSACTION CAPITAL LIMITED - Exercise of conditional share awards in terms of the Transaction Capital Conditional Share Plan

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 No: 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 directors and company secretary of the company and directors of major
subsidiaries of the company have exercised conditional share plan awards (“CSPs”) in terms of the
Transaction Capital Conditional Share Plan.



Name of director                   David Hurwitz
Name of company                    Transaction Capital Limited, TCRS Holdings (Pty)
                                   Ltd, TCRS (Pty) Ltd and SA Taxi Holdings (Pty) Ltd
Date transaction was effected      26 November 2019
Class of security                  CSPs in respect of ordinary shares
Share price                        R21.73
Number of shares to be delivered   88 810
Total value of transaction         R1 929 841
Nature of transaction              Off market exercise of CSPs (and receipt of
                                   corresponding TC ordinary shares)
Nature of interest                 Direct beneficial
Clearance obtained                 Yes

Name of director                   Mark Herskovits
Name of company                    Transaction Capital Limited and SA Taxi
                                   Development Finance (Pty) Ltd
Date transaction was effected      26 November 2019
Class of security                  CSPs in respect of ordinary shares
Share price                        R21.73
Number of shares to be delivered   72 690
Total value of transaction         R1 579 554
Nature of transaction              Off market exercise of CSPs (and receipt of
                                   corresponding TC ordinary shares)
Nature of interest                 Direct beneficial
Clearance obtained                 Yes
                                     

Name of company secretary          Theresa Palos
Name of company                    Transaction Capital Limited
Date transaction was effected      26 November 2019
Class of security                  CSPs in respect of ordinary shares
Share Price                        R21.73
Number of shares to be delivered   12 185
Total Value                        R264 780
Nature of transaction              Off market exercise of CSPs (and receipt of
                                   corresponding TC ordinary shares)
Nature of interest                 Direct beneficial
Clearance obtained                 Yes

Name of director                   Lorenzo Cardoso
Name of company                    SA Taxi Holdings (Pty) Ltd and SA Taxi Development
                                   Finance (Pty) Ltd
Date transaction was effected      26 November 2019
Class of security                  CSPs in respect of ordinary shares
Share price                        R21.73
Number of shares to be delivered   113 384
Total value of transaction         R2 463 834
Nature of transaction              Off market exercise of CSPs (and receipt of
                                   corresponding TC ordinary shares)
Nature of interest                 Direct beneficial
Clearance obtained                 Yes

Name of director                   David McAlpin
Name of company                    TCRS Holdings (Pty) Ltd and TCRS (Pty) Ltd
Date transaction was effected      26 November 2019
Class of security                  CSPs in respect of ordinary shares
Share price                        R21.73
Number of shares to be delivered   418 740
Total value of transaction         R9 099 220
Nature of transaction              Off market exercise of CSPs (and receipt of
                                   corresponding TC ordinary shares)
Nature of interest                 Direct beneficial
Clearance obtained                 Yes

Name of director                   Dineo Sekwele
Name of company                    TCRS Holdings (Pty) Ltd and TCRS (Pty) Ltd
Date transaction was effected      26 November 2019
Class of security                  CSPs in respect of ordinary shares
Share price                        R21.73
Number of shares to be delivered   9 543
Total value of transaction         R207 369
Nature of transaction              Off market exercise of CSPs (and receipt of
                                   corresponding TC ordinary shares)
Nature of interest                 Direct beneficial
Clearance obtained                 Yes
                                            
Name of company secretary          Jennifer Williams
Name of company                    TCRS Holdings (Pty) Ltd and TCRS (Pty) Ltd
Date transaction was effected      26 November 2019
Class of security                  CSPs in respect of ordinary shares
Share price                        R21.73
Number of shares to be delivered   3 587
Total value of transaction         R77 946
Nature of transaction              Off market exercise of CSPs (and receipt of
                                   corresponding TC ordinary shares)
Nature of interest                 Direct beneficial
Clearance obtained                 Yes


Dunkeld West
27 November 2019

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

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

Date: 27-11-2019 05:30:00
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