| Fri 27 Sep 2019, 17:44 | | TRANSACTION CAPITAL LIMITED - TCP : Dealings in securities by associates of a director and notice of change of beneficial interests |
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TCP : Dealings in securities by associates of a director and notice of change of beneficial interests:
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 ASSOCIATES OF A DIRECTOR AND NOTICE OF CHANGE
OF BENEFICIAL INTERE STS
The family of Jonathan Jawno, a founder of Transaction Capital, is undertaking a process to rearrange the
ownership of its interest in Transaction Capital, but with no change in its absolute holding in the Company.
In compliance with paragraphs 3.63 and 3.65 of the JSE Limited Listings Requirements ("Listings
Requirements"), the following information is disclosed:
Name of director Jonathan Michael Jawno
Name of company Transaction Capital Limited
Date transaction was effected 26 September 2019
Class of security Ordinary shares
Share price R17.78
Number of shares 59 333 333
Total value R1 054 946 661
Nature of transaction Off market disposal and acquisition of ordinary shares
Nature of interest Indirect, non-beneficial
Clearance obtained Yes
Interest of associates The Jawno's family's look through rights to
59 333 333 Transaction Capital shares ( the shares'),
held by Kimberley Investment Trust ( KIT'), have been
distributed to Mr Jawno.
Mr Jawno thereafter disposed of the shares to
Pilatucom Holdings Limited ( Pilatucom') all the
shares of which are held by trusts of which Mr Jawno
is a contingent discretionary beneficiary.
The transactions will be implemented once two
formalities are finalised.
Change of beneficial interests
As a result of the above, and in accordance with section 122(3)(b) of the Companies Act no. 71 of 2008 (as
amended) ( the Act'), and paragraph 3.83(b) of the Listings Requirements, shareholders are hereby advised
that the company received formal notification of the following changes of beneficial interests in the
Company:
1. KIT has disposed of its entire interest in the company; and
2. Pilatucom has acquired a beneficial interest in the company such that it now owns 9.69% of the issued
ordinary share capital of the company.
As required in terms of section 122(3)(a) of the Act, the company has filed the required notice with the
Takeover Regulation Panel.
Dunkeld West
27 September 2019
Enquiries:
Phillipe Welthagen - Investor Relations
Telephone: +27 (0) 11 049 6700
Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 27/09/2019 05:45:00
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