Acceptance of conditional shares in terms of the Transaction Capital Conditional Share Plan 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”) 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 and company secretary 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”). CSP awards are subject to performance criteria and vest equally (i.e. 33.3% p.a.) in years 3, 4 and 5 post the awarding of same, subject to continued employment. For selected employees, a portion of the CSP awards are subject to additional super-performance criteria over the vesting periods. 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, TCRS Holdings (Pty) Ltd, TCRS (Pty) Ltd and SA Taxi Holdings (Pty) Ltd Date transaction was effected 4 December 2019 Class of security CSP awards in respect of ordinary shares Number of CSP awards 191 007 Total value R4 166 684 Nature of transaction Off market acceptance of allocation of CSP awards Extent of interest Direct beneficial Name of director Sean Doherty Name of company Transaction Capital Limited Date transaction was effected 4 December 2019 Class of security CSP awards in respect of ordinary shares Number of CSP awards 85 954 Total value R1 875 027 Nature of transaction Off market acceptance of allocation of CSP awards Extent of interest Direct beneficial Name of director Mark Herskovits Name of company Transaction Capital Limited and SA Taxi Development Finance (Pty) Ltd Date transaction was effected 4 December 2019 Class of security CSP awards in respect of ordinary shares Number of CSP awards 120 492 Total value R1 938 716 Nature of transaction Off market acceptance of allocation of CSP awards Extent of interest Direct beneficial Name of company secretary Theresa Palos Name of company Transaction Capital Limited Date transaction was effected 4 December 2019 Class of security CSP awards in respect of ordinary shares Number of CSP awards 30 256 Total value R660 013 Nature of transaction Off market acceptance of allocation of CSP awards Extent of interest Direct beneficial Name of director Lorenzo Cardoso Name of company SA Taxi Holdings (Pty) Ltd and SA Taxi Development Finance (Pty) Ltd Date transaction was effected 4 December 2019 Class of security CSP awards in respect of ordinary shares Number of CSP awards 466 129 Total value R7 500 015 Nature of transaction Off market acceptance of allocation of CSP awards Extent of interest Direct beneficial Name of director Marco Adaggi Name of company SA Taxi Development Finance (Pty) Ltd Date transaction was effected 4 December 2019 Class of security CSP awards in respect of ordinary shares Number of CSP awards 77 689 Total value R1 250 016 Nature of transaction Off market acceptance of allocation of CSP awards Extent of interest Direct beneficial Name of director Robert Amoils Name of company TCRS Holdings (Pty) Ltd and TCRS (Pty) Ltd Date transaction was effected 4 December 2019 Class of security CSP awards in respect of ordinary shares Number of CSP awards 875 904 Total value R6 665 629 Nature of transaction Off market acceptance of allocation of CSP awards Extent of interest Direct beneficial Name of director Dineo Sekwele Name of company TCRS Holdings (Pty) Ltd and TCRS (Pty) Ltd Date transaction was effected 4 December 2019 Class of security CSP awards in respect of ordinary shares Number of CSP awards 324 826 Total value R2 471 926 Nature of transaction Off market acceptance of allocation of CSP awards Extent of interest Direct beneficial Name of company secretary Jennifer Williams Name of company TCRS Holdings (Pty) Ltd and TCRS (Pty) Ltd Date transaction was effected 4 December 2019 Class of security CSP awards in respect of ordinary shares Number of CSP awards 40 308 Total value R306 744 Nature of transaction Off market acceptance of allocation of CSP awards Extent of interest Direct beneficial Dunkeld West 5 December 2019 Enquiries: Phillipe Welthagen - Investor Relations Telephone: +27 (0) 11 049 6700 Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 05-12-2019 05:30:00 Produced by the JSE SENS Department. 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