Datatec interim results August 2016
Revenue for the interim period decreased to USD3 billion (2015: USD3.3 billion). Gross profit lowered to USD419.8 million (2015: USD430.2 million),
operatdasdasdasdasdasdasing profit dropped tyo 40 676 56 341
Profit attributable to:
Owners of the parent 19 145 24 384 Headline earnings per share (US cents) 9.1 12.0
The Board has declared an interim distribution for the six months ended 31 August 2016,
by way of the issue of fully paid Datatec ordinary shares of one cent each (˘the Scrip Distribution÷) payable to
ordinary shareholders (˘Shareholders÷) recorded in the register of the Company at the close of business on the
Record Date, being Friday, 25 November 2016.
Shareholders will be entitled, in respect of all or part of their shareholding, to elect to receive a gross cash
dividend of 60 RSA cents per ordinary share in lieu of the Scrip Distribution, which will be paid only to those
Shareholders who elect to receive the cash dividend, in respect of all or part of their shareholding, on or before
12:00 on Friday, 25 November 2016 (˘the Cash Dividend÷). The Cash Dividend has been declared from income reserves.
A dividend withholding tax of 15% will be applicable to all Shareholders not exempt therefrom after deduction of
which the net Cash Dividend is 51 RSA cents per share.
The new ordinary shares will, pursuant to the Scrip Distribution, be settled by way of capitalisation of the
CompanyĂs distributable retained profits.