Enhanced Investments - Financial Portal

Acceptance of Conditional Shares in terms of the Transaction Capital Conditional Share Plan

Published: 2022-11-28 18:42:30 ET

                                                             TransCapital Investments Limited
             Transaction Capital Limited
                                                       (Incorporated in the Republic of South Africa)
  (Incorporated in the Republic of South Africa)
                                                           Registration Number: 2016/130129/06
       Registration Number: 2002/031730/06
                                                                  Bond company code: TCII
                 JSE share code: TCP
                 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 and directors of its major
subsidiaries have accepted a conditional right to Transaction Capital shares issued in terms of the
Transaction Capital Limited Conditional Share Plan (“CSP”). 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                       25 November 2022
 Class of security                                   CSP awards in respect of ordinary shares
 Number of Transaction Capital Limited shares        152 974
 to be delivered
 Deemed value per Transaction Capital Limited        R39.35
 share
 Deemed total value of transaction                   R6 019 527
 Nature of transaction                               Off market acceptance of allocation of CSP awards
 Nature of interest                                  Direct beneficial


 Name of director                                    Sean Doherty
 Name of company                                     Transaction Capital Limited
 Date transaction was effected                       25 November 2022
 Class of security                                   CSP awards in respect of ordinary shares
 Number of Transaction Capital Limited shares        128 082
 to be delivered
 Deemed value per Transaction Capital Limited        R39.35
 share
 Deemed total value of transaction                   R5 040 027
 Nature of transaction                               Off market acceptance of allocation of CSP awards
 Nature of interest                                  Direct beneficial



 Name of director                                    Mark Herskovits
 Name of company                                     Transaction Capital Limited
Date transaction was effected                   25 November 2022
Class of security                               CSP awards in respect of ordinary shares
Number of Transaction Capital Limited shares    115 884
to be delivered
Deemed value per Transaction Capital Limited    R39.35
share
Deemed total value of transaction               R4 560 035
Nature of transaction                           Off market acceptance of allocation of CSP awards
Nature of interest                              Direct beneficial


Name of director                                Lorenzo Cardoso
Name of company                                 SA Taxi Holdings Proprietary Limited
Date transaction was effected                   25 November 2022
Class of security                               CSP awards in respect of ordinary shares
Number of Transaction Capital Limited shares    66 710
to be delivered
Deemed value per Transaction Capital Limited    R39.35
share
Deemed total value of transaction               R2 625 039
Nature of transaction                           Off market acceptance of allocation of CSP awards
Nature of interest                              Direct beneficial


Name of director                                Sara Olivier
Name of company                                 SA Taxi Holdings Proprietary Limited
Date transaction was effected                   25 November 2022
Class of security                               CSP awards in respect of ordinary shares
Number of Transaction Capital Limited shares    25 310
to be delivered
Deemed value per Transaction Capital Limited    R39.51
share
Number of SA Taxi Holdings Proprietary          179 533
Limited shares to be delivered
Deemed value per SA Taxi Holdings Proprietary   R11.14
Limited share
Deemed total value of transaction               R2 999 996
Nature of transaction                           Off market acceptance of allocation of CSP awards
Nature of interest                              Direct beneficial


Name of director                                Stella Dineo Sekele
Name of company                                 Nutun Holdings Proprietary Limited
Date transaction was effected                   25 November 2022
Class of security                               CSP awards in respect of ordinary shares
Number of Transaction Capital Limited shares   19 533
to be delivered
Deemed value per Transaction Capital Limited   R39.51
share
Number of Nutun Holdings Proprietary Limited   150 877
shares to be delivered
Deemed value per Nutun Holdings Proprietary    R10.23
Limited share
Deemed total value of transaction              R2 315 221
Nature of transaction                          Off market acceptance of allocation of CSP awards
Nature of interest                             Direct beneficial


Name of director                               Sahil Samjowan
Name of company                                Nutun Holdings Proprietary Limited
Date transaction was effected                  25 November 2022
Class of security                              CSP awards in respect of ordinary shares
Number of Transaction Capital Limited shares   31 891
to be delivered
Deemed value per Transaction Capital Limited   R39.51
share
Number of Nutun Holdings Proprietary Limited   246 335
shares to be delivered
Deemed value per Nutun Holdings Proprietary    R10.23
Limited share
Deemed total value of transaction              R3 780 020
Nature of transaction                          Off market acceptance of allocation of CSP awards
Nature of interest                             Direct beneficial


Name of director                               Robert Amoils
Name of company                                Nutun Holdings Proprietary Limited
Date transaction was effected                  25 November 2022
Class of security                              CSP awards in respect of ordinary shares
Number of Transaction Capital Limited shares   47 968
to be delivered
Deemed value per Transaction Capital Limited   R39.51
share
Number of Nutun Holdings Proprietary Limited   370 528
shares to be delivered
Deemed value per Nutun Holdings Proprietary    R10.23
Limited share
Deemed total value of transaction              R5 685 717
Nature of transaction                          Off market acceptance of allocation of CSP awards
Nature of interest                             Direct beneficial
Name of director                               Christopher Rein
Name of company                                We Buy Cars Proprietary Limited
Date transaction was effected                  25 November 2022
Class of security                              CSP awards in respect of ordinary shares
Number of Transaction Capital Limited shares   12 655
to be delivered
Deemed value per Transaction Capital Limited   R39.51
share
Number of We Buy Cars Proprietary Limited      66 578
shares to be delivered
Deemed value per We Buy Cars Proprietary       R15.02
Limited share
Deemed total value of transaction              R1 500 001
Nature of transaction                          Off market acceptance of allocation of CSP awards
Nature of interest                             Direct beneficial


Name of director                               John Mills
Name of company                                We Buy Cars Proprietary Limited
Date transaction was effected                  25 November 2022
Class of security                              CSP awards in respect of ordinary shares
Number of Transaction Capital Limited shares   13 741
to be delivered
Deemed value per Transaction Capital Limited   R39.51
share
Number of We Buy Cars Proprietary Limited      72 289
shares to be delivered
Deemed value per We Buy Cars Proprietary       R15.02
Limited share
Deemed total value of transaction              R1 628 688
Nature of transaction                          Off market acceptance of allocation of CSP awards
Nature of interest                             Direct beneficial


Name of company secretary                      Lisa Lill
Name of company                                Transaction Capital Limited
Date transaction was effected                  25 November 2022
Class of security                              CSP awards in respect of ordinary shares
Number of Transaction Capital Limited shares   9 652
to be delivered
Deemed value per Transaction Capital Limited   R39.35
share
Deemed total value of transaction              R379 806
Nature of transaction                          Off market acceptance of allocation of CSP awards
Nature of interest                             Direct beneficial
Rosebank
28 November 2022

Enquiries:
Lisa Lill – Company Secretary
Telephone: +27 84 4006158

Sponsors:
Equity Sponsor: Investec Bank Limited
Debt Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.