December 26, 2014 7:05 AM ET

Diversified Financial Services

Company Overview of Transaction Capital Limited

Company Overview

Transaction Capital Limited operates as a non-deposit taking financial services company primarily in South Africa. Its Asset-Backed Lending segment offers finance to independent small-medium enterprises (SME) in the minibus taxi industry; and working capital to SMEs through invoice discounting and commercial debtors’ management. The company’s Credit Services segment offers receivables management services, such as the collection of pre-charged off accounts, charged off accounts, and distressed debt to credit retailers, banks, and credit providers; and consumer credit risk management with specialization across the credit life cycle, credit risk software services, best practice consulting, and ...

Finance House

230 Jan Smuts Avenue

Dunkeld West

Johannesburg,  2196

South Africa

Founded in 2002

Phone:

27 11 049 6729

Key Executives for Transaction Capital Limited

Chief Executive Officer
Age: 42
Total Annual Compensation: $4.6M
Deputy Chief Executive Officer
Age: 48
Total Annual Compensation: $3.0M
Chief Investment Officer
Age: 49
Total Annual Compensation: $3.0M
Compensation as of Fiscal Year 2013.

Transaction Capital Limited Key Developments

Transaction Capital Limited Announces Audited Consolidated Earnings Results for the Year Ended September 30, 2014

Transaction Capital Limited announced audited consolidated earnings results for the year ended September 30, 2014. For the year, the company reported net interest income of ZAR 814 million against ZAR 686 million a year ago. Profit before tax was ZAR 409 million against ZAR 359 million a year ago. Profit from continuing operations was ZAR 330 million against ZAR 283 million a year ago. Profit attributable to ordinary equity holders of the parent was ZAR 937 million against ZAR 544 million a year ago. Diluted basic earnings per share were ZAR 162.3 against ZAR 93.2 a year ago. Net cash utilized by operating activities were ZAR 68 million compared to ZAR 172 million a year ago.

Transaction Capital Limited Announces Change in Company Secretary, Effective December 1, 2014

Transaction Capital Limited announced that after more than eight years of service Peter Katzenellenbogen has retired as company secretary. During this time Peter has fulfilled the role of both group chief financial officer and thereafter company secretary, and has contributed immensely to building Transaction Capital. The board announced that Ronen Goldstein has been appointed company secretary with effect from 1 December 2014.

Transaction Capital Limited Declares Final Gross Cash Dividend for the Six Months Ended September 30, 2014 Payable on December 22, 2014

Transaction Capital Limited declared the final gross cash dividend of 10 cents per share for the six months ended 30 September 2014, to those members recorded in the register of members on the record date of December 19, 2014. The dividend is payable on December 22, 2014. The company paid dividend of 12 cents per share for the same period a year ago. Last day to trade cum dividend is December 11, 2014 and first day to trade ex dividend is December 12, 2014.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 28, 2014
--
Buyback
March 4, 2014
--
 

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