DATATEC LIMITED - Dealings in Securities by a Director

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

 Date of transaction                      :      23 February 2024

 Class of securities                      :      Ordinary shares in Datatec Limited.

 Nature of transaction                    :      Off-market collar hedge over
                                                 2,000,000 ordinary shares of the
                                                 Company with a put strike price of
                                                 R40.40, average call strike price of
                                                 R63.78 and expiry between 30
                                                 October 2026 and 31 August 2027.

 Nature of interest                       :      Indirect beneficial

 Clearance obtained                       :      Yes

 Total value of transaction               :      R 80,800,000



Mr Montanana entered into an equity funding arrangement with a financial
institution which consisted of a loan agreement securitised by a simultaneous
collar hedge and equity lending transaction.


27 February 2024
Sponsor
PALLIDUS EXCHANGE SERVICES PROPRIETARY LIMITED

Date: 27-02-2024 05:00:00
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