TRANSACTION CAPITAL LIMITED - Updated Trading Statement in respect of the year ended 30 September 2024

Updated Trading Statement in respect of the year ended 30 September 2024

Transaction Capital Limited                                  Nutun Investments Limited
(Incorporated in the Republic of South Africa)               (formerly known as "TransCapital Investments Limited")
Registration number: 2002/031730/06                          (Incorporated in the Republic of South Africa)
JSE share code: TCP                                          Registration number: 2016/130129/06
ISIN: ZAE000167391                                           Bond company code: TCII
("Transaction Capital" or "the company")                     LEI: 378900AA31160C6B8195

                                                             
UPDATED TRADING STATEMENT IN RESPECT OF THE YEAR ENDED 30 SEPTEMBER 2024

Trading Statement

Shareholders are referred to the trading statement published via SENS on 28 November 2024. In completing
the audit of the 2024 financial statements, certain additional adjustments to the prior financial year were
required to be made. This has resulted in some of the financial metrics having moved outside of the trading
range previously reported. In accordance with the Listings Requirements of the JSE, Transaction Capital advises
shareholders of the following updated expected ranges for FY 2024:


                           Full year ended 30 September     Full year ended 30 September    Full year ended 30 September
                                                   2024                             2024                            2023

                                  Expected number range        Expected percentage range                    Restated (1)

 Continuing Loss (2)
 Basic loss                             R-220m to R-72m                   -115% to -105%                          R1483m
 Basic loss per share         -28,3 cents to -9,1 cents                   -114% to -105%                     195,2 cents
 Headline loss                            R-143m to R7m                   -109% to -100%                          R1506m
 Headline loss per share       -18,4 cents to 1,1 cents                    -109% to -99%                     198,3 cents
 Core loss (3)                          R-102m to R-82m                   -152% to -142%                           R196m
 Core loss per share (3)       -13 cents to -10,5 cents                   -151% to -141%                      25,7 cents

 Total Loss
 Basic loss                           R-892m to R-1080m                       53% to 42%                         R-1878m
 Basic loss per share      -114,3 cents to -138,3 cents                       54% to 44%                    -247,2 cents
 Headline loss                       R-2181m to R-2358m                     -24% to -34%                         R-1762m
 Headline loss per share   -279,6 cents to -302,2 cents                     -21% to -30%                    -231,9 cents
 Core loss (3)                       R-1944m to R-2015m                   -173% to -183%                          R-711m
 Core loss per share (3)   -249,1 cents to -258,1 cents                   -166% to -176%                     -93,6 cents
 
1.   Comparative information for 30 September 2023 has been restated for the following
     -    classification of Nutun Australia, Nutun Transact, WeBuyCars and Mobalyz as discontinued
          operations in line with the requirements of IFRS 5: Non-current assets held for sale and
          discontinued operations.
     -    Correction of identified prior period errors in terms of IAS 8: Accounting Policies, Changes
          in Accounting Estimates and Errors.
 2.  Loss from continuing operations exclude results from discontinued operations.
 3.  Total core loss and core loss from continuing operations is a non-IFRS measure which is               
     calculated by adjusting headline losses with the following:
     -    Once-off transaction costs which are directly attributable to corporate activity (which
          comprises mostly legal and consulting fees).
     -    Adjustments on put and call options over non-controlling interests.
     -    Once-off or accelerated items, where these are reasonably expected not to re-occur in the
          ordinary course of business in future reporting periods.
     -    Adding back specified headline earnings exclusions, if the gain/loss is considered part of
          Transaction Capital's normal operations.

Results Announcement

Transaction Capital's results for the full year ended 30 September 2024 were expected to be published today
Monday, 9 December 2024. Although the financial results are ready, the preparation of certain notes to the
Annual Financial Statements have been delayed largely as a result of changes relating to SA Taxi. Shareholders
are reminded that SA Taxi is included under discontinued operations for the financial year 2024. The audited
results will be published as soon as possible.


Sandton
9 December 2024

JSE equity sponsor:
Investec Bank Limited

JSE debt sponsor:
Merchantec Capital

Enquiries:
TC-Investor-Relations@transactioncapital.co.za

Date: 09-12-2024 07:05:00
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