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”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notification is hereby
given that the Dovie Trust has disposed of securities held in the Company. Dovie Trust is the family trust of
David Hurwitz, of which he is a discretionary beneficiary.

As previously announced, these securities were pledged as security for portfolio debt from an institutional
lender. A portion of the debt has fallen due and the Dovie Trust has elected to sell the securities as part of
its portfolio rebalancing and debt reduction goals. Post this transaction, 2 349 882 securities remain pledged,
against less than R10 000 000 of debt outstanding.

All disposals of Transaction Capital securities were executed on market by a broker, with prior clearance, on
behalf of the Director.

The below table details the number of shares disposed of and proceeds received by the Director:

 Name of director                        David Hurwitz
 Name of company                         Transaction Capital Limited
 Office held                             Chief Executive Officer
 Class of securities                     Ordinary shares
 Nature of transaction                   On market disposal of ordinary shares
 Nature of interest                      Indirect, beneficial interest
 Interest of associates                  Disposal by the Dovie Trust, the family trust of David Hurwitz of which
                                         he is a discretionary beneficiary. The Dovie Trust now owns
                                         2 349 882 of the issued ordinary share capital of the Company.
 Clearance obtained                      Yes


 Date of transaction                     13 December 2022
 Number of securities                    428 493
 Volume Weighted Average Price           R34.05
 Highest price                           R34.46
 Lowest price                            R34.00
 Value of transaction                    R14 554 211.46
 Date of transaction                    15 December 2022
 Number of securities                   81 822
 Volume Weighted Average Price          R32.04
 Highest price                          R32.00
 Lowest price                           R31.12
 Value of transaction                   R2 614 552.34



 Date of transaction                    19 December 2022
 Number of securities                   1 089 685
 Volume Weighted Average Price          R31.12
 Highest price                          R31.52
 Lowest price                           R30.80
 Value of transaction                   R33 825 344.15


Rosebank
19 December 2022

Enquiries:
Lisa Lill – Company Secretary
Email: lisal@transactioncapital.co.za

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