TRANSACTION CAPITAL LIMITED - Fulfilment of Outstanding Conditions Precedent and Completion of Transaction
TCP 201902060027A
Fulfilment of Outstanding Conditions Precedent and Completion of Transaction
Transaction Capital Limited
(Incorporated in the Republic of South Africa) TransCapital Investments Limited
(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")
FULFILMENT OF OUTSTANDING CONDITIONS PRECEDENT AND COMPLETION OF TRANSACTION
1. INTRODUCTION
Shareholders are referred to the announcement released on the Stock Exchange News Service of the
JSE Limited on Monday, 19 November 2018 advising shareholders that an equity partnership
transaction had been concluded in which the South African National Taxi Council ("SANTACO") would
acquire a 25% stake in SA Taxi Finance Holdings Proprietary Limited ("SA Taxi"), a major subsidiary of
Transaction Capital, for R1.701 billion (the "Transaction").
2. FULFILMENT OF CONDITIONS PRECEDENT
Transaction Capital is pleased to advise Shareholders that all conditions precedent to the Transaction
have been successfully fulfilled. Accordingly, the Transaction is now unconditional.
Dunkeld West, Johannesburg
6 February 2019
Investor relations
Phillipe Welthagen
Contact number: +27 (0) 11 049 6700
Financial Advisor, Lead Mandated Arranger and Transaction Sponsor
The Standard Bank of South Africa Limited
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