TRANSACTION CAPITAL LIMITED - Conditional Disposal of 100% Interest in RC Value Added Services Holdings and Renewal of Cautionary Announcement

Conditional Disposal of 100% Interest in RC Value Added Services Holdings and Renewal of Cautionary Announcement

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

CONDITIONAL DISPOSAL OF 100% INTEREST IN RC VALUE ADDED SERVICES HOLDINGS PROPRIETARY
LIMITED AND RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the SENS announcement issued by Transaction Capital on 27 September 2024
(the "Announcement") in which shareholders were advised of the Road Cover Disposal, amongst other
matters. As set out in the Announcement, the Road Cover Disposal is subject to a resolutive condition such
that if the agreement pertaining to the Commitment Negotiations, is not concluded and the agreement
pertaining thereto is not signed or becomes unconditional by 31 October 2024 (the "Commitment
Negotiations Long Stop Date"), or such later date as the parties thereto may agree to in writing, Transaction
Capital and SA Taxi Holdings Proprietary Limited ("SATH") wish to be restored to the positions in which they
would have been had the Road Cover Disposal not been implemented. The Announcement also advised
shareholders to exercise caution when dealing in the company's securities until a further announcement is
made in respect of the Commitment Negotiations.

Shareholders are advised that Transaction Capital and SATH have agreed to extend the Commitment
Negotiations Long Stop Date to 30 November 2024 (the "Extended Commitment Negotiations Long Stop
Date"), such that if the agreement pertaining to the Commitment Negotiations, is not concluded and the
agreement pertaining thereto is not signed or become unconditional by the Extended Commitment
Negotiations Long Stop Date or such later date as the parties thereto may agree to in writing, Transaction
Capital and SATH wish to be restored to the positions in which they would have been had the Road Cover
Disposal not been implemented.

In the circumstances, shareholders are advised that, as a result of the ongoing Commitment Negotiations,
certain negotiations are still underway, which if successfully concluded may have a material effect on the
price of the company's securities. Accordingly, shareholders are advised to continue to exercise caution when
dealing in the company's securities until a further announcement is made.

Sandton
30 October 2024

JSE equity sponsor:
Investec Bank Limited

JSE debt sponsor:
Merchantec Capital

Legal Advisor to the company:
ENS

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

Date: 30-10-2024 09:00:00
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