Dealings in securities by directors, by the company secretary and by directors of major subsidiaries Transaction Capital Limited (Incorporated in the Republic of South Africa) TransCapital Investments Limited Registration No: 2002/031730/06 (Incorporated in the Republic of South Africa) JSE share code: TCP (Registration No. 2016/130129/06) ISIN: ZAE000167391 JSE debt code: TCII (“Transaction Capital” or “the Company”) DEALINGS IN SECURITIES BY DIRECTORS, BY THE COMPANY SECRETARY AND BY DIRECTORS OF MAJOR SUBSIDIARIES Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE Limited on 30 November 2018 with regards to Share Appreciation Rights (“SARs”) and Conditional Share Plan Awards (“CSPs”) exercised by directors and the company secretary of the Company and by directors of major subsidiaries of the Company (“Directors and Company Secretary”) in terms of the Transaction Capital Limited Share Appreciation Rights Plan and the Transaction Capital Conditional Share Plan (collectively, the “Long Term Incentive Plans”). A process was facilitated on behalf of participants of the Long Term Incentive Plans who wished to dispose of Transaction Capital securities, the proceeds of which will be utilised in part to settle taxes due in terms of the Long Term Incentive Plans. All disposals of Transaction Capital securities were executed by a broker on behalf of participants. Participants were not actively involved in the sale process. A total of 1 442 266 Transaction Capital shares were disposed of in this process on the following terms: Date # of shares Sale price per share Value of transaction 14 December 2018 65 666 R18.00 R1 181 988 19 December 2018 304 366 R17.83 R5 427 303 20 December 2018 1 072 234 R17.80 R19 086 301 Total 1 442 266 R17.82 R25 695 592 Each of the above disposals was executed on a pro-rata basis for each participant. Each participant will receive proceeds from the sale of securities at a value of R17.82 per securities sold. 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 have disposed of securities held in the Company in terms of the abovementioned process. The difference between the securities disposed by Directors and Company Secretary and those specifically recorded in the table above were the securities disposed on behalf of other employee participants of the Long Term Incentive Plans. Name of director: David McAlpin Name of company: Transaction Capital Risk Services Holdings Proprietary Limited Date proceeds from sale notified to director: 21 December 2018 Nature of transaction and class of security: On market sale of ordinary shares Total number of securities: 235 880 VWAP per share: R17.82 Lowest price per share: R17.80 Highest price per share: R18.04 Value of transaction: R4 202 468 Nature of interest: Direct, beneficial Clearance obtained: Yes Name of director: Carl de Villiers Name of company: Transaction Capital Recoveries Proprietary Limited and MBD Legal Collections Proprietary Limited Date proceeds from sale notified to director: 21 December 2018 Nature of transaction and class of security: On market sale of ordinary shares Total number of securities: 46 346 VWAP per share: R17.82 Lowest price per share: R17.80 Highest price per share: R18.04 Value of transaction: R825 706 Nature of interest: Direct, beneficial Clearance obtained: Yes Name of director: Mark Herskovits Name of company: Transaction Capital Limited and SA Taxi Finance Holdings Proprietary Limited Date proceeds from sale notified to director: 21 December 2018 Nature of transaction and class of security: On market sale of ordinary shares Total number of securities: 11 324 VWAP per share: R17.82 Lowest price per share: R17.80 Highest price per share: R18.04 Value of transaction: R201 750 Nature of interest: Direct, beneficial Clearance obtained: Yes Name of director: Lorenzo Cardoso Name of company: SA Taxi Finance Holdings Proprietary Limited Date proceeds from sale notified to director: 21 December 2018 Nature of transaction and class of security: On market sale of ordinary shares Total number of securities: 35 651 VWAP per share: R17.82 Lowest price per share: R17.80 Highest price per share: R18.04 Value of transaction: R635 163 Nature of interest: Direct, beneficial Clearance obtained: Yes Name of director: Riek Olivier Name of company: SA Taxi Finance Holdings Proprietary Limited Date proceeds from sale notified to director: 21 December 2018 Nature of transaction and class of security: On market sale of ordinary shares Total number of securities: 98 018 VWAP per share: R17.82 Lowest price per share: R17.80 Highest price per share: R18.04 Value of transaction: R1 746 301 Nature of interest: Direct, beneficial Clearance obtained: Yes Name of director: Ronen Goldstein Name of company: Transaction Capital Limited Date proceeds from sale notified to director: 21 December 2018 Nature of transaction and class of security: On market sale of ordinary shares Total number of securities: 82 681 VWAP per share: R17.82 Lowest price per share: R17.80 Highest price per share: R18.04 Value of transaction: R1 473 055 Nature of interest: Direct, beneficial Clearance obtained: Yes Name of company secretary: Theresa Palos Name of company: Transaction Capital Limited Date proceeds from sale notified to director: 21 December 2018 Nature of transaction and class of security: On market sale of ordinary shares Total number of securities: 3 381 VWAP per share: R17.82 Lowest price per share: R17.80 Highest price per share: R18.04 Value of transaction: R60 236 Nature of interest: Direct, beneficial Clearance obtained: Yes Dunkeld West 24 December 2018 Enquiries: Phillipe Welthagen - Investor Relations Telephone: +27 (0) 11 049 6700 Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 24/12/2018 08:30:00 Produced by the JSE SENS Department. 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