TRANSACTION CAPITAL LIMITED - Exercise of share appreciation rights in terms of the Transaction Capital Share Appreciation Rights Plan
TCP 201612020005A
Exercise of share appreciation rights in terms of the Transaction Capital Share Appreciation Rights Plan
Transaction Capital Limited
(Incorporated in the Republic of South Africa)
Registration number: 2002/031730/06
JSE share code: TCP
ISIN: ZAE000167391
(“Transaction Capital” or “the company”)
EXERCISE OF SHARE APPRECIATIO N RIGHTS IN TERMS OF THE TRANSACTION
CAPIT AL SHARE APPRECIATION RIGHTS PLAN
In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notification is hereby
given that the following director of the company has exercised share appreciation rights (“SARs”) on 30
November 2016 in terms of the Transaction Capital Share Appreciation Rights Plan.
Name of director David Hurwitz
Name of company Transaction Capital Limited
Dates of grant 11 July 2013 in respect of 2 004 494 SARs (“Tranche 1”) ; and
18 November 2013 in respect of 979 049 SARs (“Tranche 2”)
Date transaction was effected 30 November 2016
Class of security SARs in respect of ordinary shares
Number of SARs 2 983 543
Exercise Price R14.72
Grant Price R3.69 in respect of Tranche 1; and
R4.21 in respect of Tranche 2.
Number of shares to be delivered 2 200 860
Total Value R32 396 659
Nature of transaction Off market exercise of SARs
Nature of interest Direct beneficial
Clearance obtained Yes
Post the exercise of the abovementioned SARs, David Hurwitz owns (directly and indirectly) approximately
4.7 million shares in the company.
Dunkeld West
2 December 2016
Enquiries:
Phillipe Welthagen - Investor Relations
Telephone: +27 (0) 11 049 6700
Sponsor:
Deutsche Securities (SA) Proprietary Limited
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