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DATATEC LIMITED - Dealing in securities by a director, the company secretary and treasury

Release Date: 31/07/2019 17:00
Code(s): DTC     PDF:  
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Dealing in securities by a director, the company secretary and treasury

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, THE COMPANY SECRETARY AND
TREASURY

In terms of paragraph 3.63 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 and the company secretary of the Company who, in lieu
of the cash dividend of R1.00 per ordinary share announced on the Stock Exchange
News Service (“SENS”) on Wednesday, 3 July 2019, elected to receive 2.80269
capitalisation shares per 100 ordinary shares (“Scrip Distribution”):

Date of transaction        :      29 July 2018
Class of security          :      Ordinary shares
Nature of transaction      :      Scrip Distribution Election (off market primary
issue)
Deemed price per Scrip
Distribution share         :      R 35.68

Director                   :      J P Montanana
Number of shares           :      630 000
Total transaction value    :      R22 478 400
Nature of interest         :      Indirect beneficial

Company Secretary          :      S P Morris
Number of shares           :      8 406
Total transaction value    :      R299 926
Nature of interest         :      Direct beneficial

Treasury shares held for settlement of employee share schemes
Number of shares           :      18 217
Total transaction value    :      R649 983
Nature of interest         :      Treasury shares held for settlement of employee
                                  share schemes

Clearance to deal was obtained.

Following this transaction, Mr Montanana holds 25 000 000 shares in the Company
representing 11.7% of the issued share capital and Datatec holds 668 217 shares in
Treasury for use in settlement of employee share schemes.

Johannesburg
31 July 2019

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

Date: 31/07/2019 05:00:00
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