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DATATEC LIMITED - Dealings in securities by a director

Release Date: 23/12/2019 17:00
Code(s): DTC     PDF:  
Wrap Text
Dealings in securities by a director

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

DEALINGS IN SECURITIES BY A DIRECTOR

Datatec announces the following dealing in securities of the Company by a
director in compliance with the JSE Listings Requirements:

Director                               :         J P Montanana
Company                                :         Datatec Limited
Class of security                      :         Ordinary shares
Nature of transaction                  :         On-market sale of shares

Date of transaction                    :         18 December 2019
Number of securities                   :         120 000
Volume weighted average sale price     :         R 34.8603
Highest price traded                   :         R34.91
Lowest price traded                    :         R34.84
Transaction value                      :         R4 183 236

Date of transaction                    :         19 December 2019
Number of securities                   :         124 753
Volume weighted average sale price     :         R 34.3552
Highest price traded                   :         R34.91
Lowest price traded                    :         R34.00
Transaction value                      :         R 4 285 914

Date of transaction                    :         20 December 2019
Number of securities                   :         75 247
Volume weighted average sale price     :         R 33.5666
Highest price traded                   :         R33.72
Lowest price traded                    :         R33.30
Transaction value                      :         R2 525 786


Nature of interest                     :         Indirect beneficial
Clearance obtained                     :         Yes

Following these transactions, Mr Montanana holds 24 680 000 shares in the
Company representing 12.0% of the issued share capital.

23 December 2019

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

Date: 23-12-2019 05:00:00
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