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Dealings in securities by directors and company secretaries of the company and its major subsidiaries
Transaction Capital Limited TransCapital Investments Limited
(Incorporated in the Republic of South Africa) (Incorporated in the Republic of South Africa)
Registration number: 2002/031730/06 (Registration No. 2016/130129/06)
JSE share code: TCP Bond Company code: TCII
ISIN: ZAE000167391
("Transaction Capital" or "the Company")
DEALINGS IN SECURITIES BY A DIRECTOR, BY THE COMPANY SECRETARY AND
BY DIRECTORS AND THE COMPANY SECRETARY OF MAJOR SUBSIDIARIES
Shareholders are referred to the announcements released on the Stock Exchange News Service of the
JSE Limited on 27 November 2019, 29 November 2019 and 4 December 2019 with regards to Share
Appreciation Rights ("SARs") and Conditional Share Plan Awards ("CSPs") exercised by directors and
company secretaries of the Company and of its major subsidiaries ("Participants") in terms of the
Transaction Capital Limited Share Appreciation Rights Plan and the Transaction Capital Conditional
Share Plan (collectively, the "Long Term Incentive Plans").
In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notification is
hereby given that Participants have disposed of securities held in the Company. A portion of the
proceeds from the sale of securities will be utilised to settle taxes due in terms of the Long Term
Incentive Plans.
All disposals of Transaction Capital securities were executed on market by a broker, with prior
clearance, on behalf of Participants. Participants were not actively involved in the sale process. A total
of 1 787 776 Transaction Capital shares were disposed of in this process on the following terms:
Date # of shares Sale price per share Value of transaction
28 November 2019 237 975 R21.90 R5 211 676
29 November 2019 351 550 R21.93 R7 709 773
4 December 2019 180 083 R21.43 R3 858 801
5 December 2019 218 311 R21.39 R4 670 174
6 December 2019 45 000 R21.37 R961 839
9 December 2019 391 589 R21.39 R8 376 872
10 December 2019 363 268 R21.56 R7 832 857
Total 1 787 776 R21.60 R38 621 992
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 R21.60 per security sold.
The below table details the number of shares disposed of and proceeds received by Participants:
Name of director: Mark Herskovits
Name of company: Transaction Capital Limited and SA Taxi
Development Finance (Pty) Ltd
Date proceeds from sale notified to director: 11 December 2019
Nature of transaction and class of security: On market sale of ordinary shares
Number of securities: 75 613
VWAP per share: R21.60
Lowest price per share: R21.16
Highest price per share: R22.00
Value of transaction: R1 633 496
Extent 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: 11 December 2019
Nature of transaction and class of security: On market sale of ordinary shares
Number of securities: 6 093
VWAP per share: R21.60
Lowest price per share: R21.16
Highest price per share: R22.00
Value of transaction: R131 629
Extent 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 proceeds from sale notified to director: 11 December 2019
Nature of transaction and class of security: On market sale of ordinary shares
Number of securities: 142 259
VWAP per share: R21.60
Lowest price per share: R21.16
Highest price per share: R22.00
Value of transaction: R3 073 274
Extent of interest: Direct, beneficial
Clearance obtained: Yes
Name of director: David McAlpin
Name of company: TCRS Holdings (Pty) Ltd and TCRS (Pty) Ltd
Date proceeds from sale notified to director: 11 December 2019
Nature of transaction and class of security: On market sale of ordinary shares
Number of securities: 209 371
VWAP per share: R21.60
Lowest price per share: R21.16
Highest price per share: R22.00
Value of transaction: R4 523 120
Extent of interest: Direct, beneficial
Clearance obtained: Yes
Name of director: Dineo Sekwele
Name of company: TCRS Holdings (Pty) Ltd and TCRS (Pty) Ltd
Date proceeds from sale notified to director: 11 December 2019
Nature of transaction and class of security: On market sale of ordinary shares
Number of securities: 9 543
VWAP per share: R21.60
Lowest price per share: R21.16
Highest price per share: R22.00
Value of transaction: R206 161
Extent 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 proceeds from sale notified to director: 11 December 2019
Nature of transaction and class of security: On market sale of ordinary shares
Number of securities: 1 794
VWAP per share: R21.60
Lowest price per share: R21.16
Highest price per share: R22.00
Value of transaction: R38 756
Extent of interest: Direct, beneficial
Clearance obtained: Yes
Dunkeld West
11 December 2019
Enquiries:
Phillipe Welthagen - Investor Relations
Telephone: +27 (0) 11 049 6700
Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 11-12-2019 05:30:00
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