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DATATEC LIMITED - Notification of change in beneficial interest in Datatec shares

Release Date: 13/03/2019 11:00
Code(s): DTC     PDF:  
Wrap Text
Notification of change in beneficial interest in Datatec shares

DATATEC LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
(“Datatec” or “the Company”)

NOTIFICATION OF CHANGE IN BENEFICIAL INTEREST IN DATATEC SHARES

In accordance with section 122 (3) b of the Companies Act, No.71
of 2008 (“Act”) and paragraph 3.83(b) of the JSE Limited Listing
Requirements, shareholders are hereby advised that, on 12 March
2019, Datatec received formal notification that the interest of
the Public Investment Corporation Soc. Limited (“PIC”) has
increased, as a result of the recent decrease in the number of the
Company’s ordinary shares in issue, such that the total interest
in the ordinary shares of Datatec held by PIC now amounts to 25,4%
of the total issued ordinary shares of the Company.

As required in terms of section 122(3)(a) of the Act, the Company
has filed the required notices with the Takeover Regulation Panel.

Sandton
13 March 2019

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 13/03/2019 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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