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DATATEC LIMITED - Dealing in securities by a director

Release Date: 19/01/2018 17:00
Code(s): DTC     PDF:  
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Dealing in securities by a director

Datatec Limited
Incorporated in the Republic of South Africa
(Registration Number: 1994/005004/06)
JSE share code: DTC
ISIN: ZAE000017745
("Datatec" or the "Company", JSE: DTC)

DEALING IN SECURITIES BY A DIRECTOR

In terms of paragraph 3.63 to 3.73 of the Listings Requirements of the JSE Limited, the Company
hereby provides the following information regarding the dealing in securities of the Company by a
director of the Company who, in lieu of the special cash dividend of R23,00 per ordinary share
(“Share”) announced on the Stock Exchange News Service on Wednesday, 29 November 2017,
elected to receive 67.19252 capitalisation Shares per 100 ordinary shares (“Scrip Distribution”):

Date of transaction       :      15 January 2017
Class of security         :      Ordinary shares
Nature of transaction     :      Scrip Distribution Election (off market primary issue)
Deemed price per Scrip
Distribution share        :      R 34.23

Director                  :      J F McCartney
Number of shares          :      513 964
Total transaction value   :      R 17 592 988
Nature of interest        :      Indirect beneficial

Clearance to deal in terms of Listings Requirements 3.66 was obtained.


Johannesburg
19 January 2018

Transaction Sponsor
Pallidus Capital Proprietary Limited

Corporate Finance Advisor
Avior Capital Markets Proprietary Limited

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