To view the PDF file, sign up for a MySharenet subscription.

TRANSACTION CAPITAL LIMITED - Dealings in securities by a director of major subsidiaries of the company

Release Date: 29/06/2020 17:30
Code(s): TCP     PDF:  
Wrap Text
Dealings in securities by a director of major subsidiaries of the company

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 A DIRECTOR OF MAJOR SUBSIDIARIES OF THE
COMPANY

Shareholders are referred to the announcement released on the Stock Exchange News Service of the
JSE Limited on 26 June 2020 with regards to Share Appreciation Rights ("SARs") exercised by a director
of major subsidiaries of the Company ("the Director") in terms of the Transaction Capital SAR Plan.

In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notification is
hereby given that the Director has 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 Transaction Capital SAR
Plan.

All disposals of Transaction Capital securities were executed on market by a broker, with prior
clearance, on behalf of the Director. The Director was not actively involved in the sale process. The
below table details the number of shares disposed of and proceeds received by the Director:

 Name of director:                                   David McAlpin
 Name of company:                                    TCRS Holdings (Pty) Ltd and TCRS (Pty) Ltd
 Date proceeds from sale notified to director:       26 June 2020
 Nature of transaction and class of security:        On market sale of ordinary shares
 Number of securities:                               91 235
 Selling price per share:                            R18.20
 Value of transaction:                               R1 660 477
 Extent of interest:                                 Direct, beneficial
 Clearance obtained:                                 Yes


Dunkeld West
29 June 2020

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

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

Date: 29-06-2020 05:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story