HOME     SUBSCRIBERS     TRADE     PRODUCTS & SERVICES    
About Sharenet
Enter any share name or code:    

08-Nov-2018
(Official Notice)
Shareholders are referred to the report on the proceedings of the Annual General Meeting ("AGM") released on the Stock Exchange News Service on 20 September 2018 when it was announced that the Board would continue consulting with shareholders through a comprehensive engagement process. A series of meetings with shareholders representing approximately 75% of the shares in issue has been concluded this week.



In order for Datatec to complete its comprehensive engagement process with shareholders, the Company now invites those shareholders who have not already been consulted to engage with the Company as follows:

*a telephone conference has been arranged for Monday 19 November 2018 at 15h00 (SA time);

*shareholders are requested to confirm their participation with the company secretary by e-mail at simon.morris@datatec.com by no later than close of business on Friday 16 November 2018. Dial-in details for the telephone conference will then be provided; and

*shareholders are also invited to forward their concerns/questions on the remuneration policy and the implementation thereof to the company secretary in writing by e-mail at simon.morris@datatec.com by close of business on Thursday 15 November 2018.
30-Oct-2018
(Official Notice)
Datatec, the international Information and Communications Technology (ICT) company, announces the appointment of Ms Maya Makanjee as an independent non-executive director of the company as well as a member of the Remuneration Committee and Social - Ethics Committee, with effect from 1 November 2018.



Datatec also announces that Ms Olufunke "Funke" Ighodaro will step down from the Datatec Board with effect from 31 October 2018 after eight years of service. Ms Ighodaro?s resignation is in-line with the requirements of her new executive directorship at another listed company.



The following appointments to Board Committees have also been made with effect from 1 November: Mr John McCartney has been appointed a member of the Audit, Risk and Compliance Committee; and Ms Ekta Singh-Bushell has been appointed to the Nomination Committee.
18-Oct-2018
(C)
Revenue for the interim period increased to USD2.005 billion (2017: USD1.845 billion), gross profit rose to USD319.4 million (2017: USD299.4 million), profit for the period from continuing operations turned around to USD6.6 million (2017: loss of USD29.4 million), while headline earnings per share from continuing operations came in at USD0.7 cents per share (2017: headline loss of USD14.4 cents per share).



Current trading and outlook

The Board expects the improved financial performance of H1 FY19 across all divisions to continue in H2 FY19. Logicalis' financial performance is expected to be maintained throughout the rest of FY19 although its results may continue to be impacted by currency weakness especially in Latin America.



Westcon International will benefit further from the reorganisation, targeting monthly operating profitability by early next year.



The Company will continue with its general share repurchase programme, subject to market conditions.
08-Oct-2018
(Official Notice)
Datatec, the international Information and Communications Technology (ICT) company, announces that its Australian subsidiary, Thomas Duryea Logicalis (?Logicalis?), has acquired Computer Network Integration (Pty) Ltd. (CNI), a Microsoft Certified Gold Partner based in Melbourne.



CNI has been a focussed Microsoft Azure partner since 2012 and is known for its technical expertise, flexibility in delivery and strong customer partnerships. Its annual revenues are approximately USD2 million.



The acquisition of CNI with its extensive Azure experience, unique IP and highly prized Microsoft Tier 1 CSP certification will enable Logicalis to compete more effectively in the rapid build and deployment of Azure-based hybrid cloud applications.
02-Oct-2018
(Official Notice)
20-Sep-2018
(Official Notice)
The annual general meeting (?AGM?) of the shareholders of Datatec was held on 20 September 2018.



Datatec consulted with shareholders before the meeting and noted shareholders? concerns in particular about: non-executive directors? length of tenure; the external auditor?s length of tenure; and remuneration policy and implementation.



As a result of the consultation, ordinary resolution 2 was withdrawn from voting at the AGM. The other ordinary and special resolutions proposed at the meeting were unaltered from those reflected in the Notice of AGM and were approved by the requisite majority of votes, except the non-binding advisory vote on the remuneration implementation report. The Board plans to continue consulting with shareholders through a comprehensive engagement process which will include a series of meetings to be arranged with key shareholders before the end of the calendar year.



Changes to the board

As a result of the decision to withdraw ordinary resolution 2, Mr Nick Temple has not sought re-election to the Board and accordingly his resignation by rotation is effective and he ceases to be a director of Datatec on 20 September 2018.



As previously announced, Mr Chris Seabrooke has retired from the Board with effect from 20 September 2018.
20-Sep-2018
(Official Notice)
The board of directors of the Company ("Board") advised shareholders that the Company, in accordance with the general authority granted by shareholders at the Company?s general meeting held on Tuesday, 24 July 2018 (?General Authority?), has cumulatively repurchased from shareholders 4 971 012 ordinary shares (?Shares?) in the aggregate, representing 2.05% of the Company's issued share capital (excluding treasury Shares) ("Repurchase").



The Repurchase was conducted during the period commencing 1 August 2018 up to and including 19 September 2018 at which point the general authority expired. The remaining 2.95% of the 5% granted in terms of the General Authority was therefore not utilised. Accordingly, a new resolution to grant the Company a general authority to repurchase shares will be voted on at the Company?s Annual General meeting. This will enable the Company to resume the repurchase process.
04-Sep-2018
(Official Notice)
Datatec announced that its subsidiary Logicalis Group Ltd. ("Logicalis") has completed the acquisition of 100% of the issued share capital of Coasin Chile S.A. ("Coasin") (the "Acquisition"). The Acquisition was announced on SENS on 15 May 2018, and it was communicated that the Acquisition was subject to certain third party consents as well as approval by the Chilean Competition Authorities. Those consents and approvals have now been obtained and the transaction closed on 3 September 2018.



Coasin is a provider of ICT support and managed services, networking, and POS solutions with a strong position in the mining and financial services verticals. Coasin had an annual turnover of USD84.4 million, profit after tax of US2.8 million, and net assets of USD12 million for the twelve months ended 31 December 2017. The Acquisition is expected to be earnings enhancing.



Logicalis has settled the consideration in cash from its own resources.



The Acquisition will bring significant capabilities and scale to Logicalis? existing operations in Chile and Peru. Coasin?s experience in the mining and financial services verticals creates opportunities for Logicalis to better serve its multinational clients while broadening its services scope to new customer groups.
03-Sep-2018
(Official Notice)
Datatec, the international Information and Communications Technology (ICT) company, announces that its subsidiary Logicalis SA (Pty) Ltd. (?Logicalis?), has acquired Clarotech, an IP telephony (IPT) cloud and managed services business based in Cape Town.



Clarotech offers IP telephony and call centre cloud and managed services to SMBs in the region. Clarotech?s Open Source IPT solution is a unique fit for SMBs and delivered to customers as a managed cloud service. Clarotech has achieved strong vendor partnerships with companies such as Microsoft, VMware and Fortinet. With the acquisition, Logicalis will be able to extend its managed services capability with a mature SMB customer base, strong services delivery and sales capabilities to drive scale and relevancy in the region.
24-Jul-2018
(Official Notice)
At the general meeting (?General Meeting?) of the shareholders of Datatec held today Tuesday, 24 July 2018, the special resolution and ordinary resolution proposed at the General Meeting were unaltered from that reflected in the Notice of General Meeting and were approved by the requisite majority of votes.



In this regard, Datatec confirms the voting statistics from the General Meeting as follows:

Total number of shares in issue 242 960 000

Treasury shares (excluded from voting) 82 871

Total number of shares (?voteable shares?) 242 877 129

Total number of shares represented (including proxies) at the General Meeting 202 324 819
29-Jun-2018
(Official Notice)
Notice is hereby given that the company?s annual compliance report, for the year ended 28 February 2018, has been published in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act and is available on the company?s website at www.datatec.com.
28-Jun-2018
(Official Notice)
Shareholders are advised that the annual report containing the annual financial statements for the year ended 28 February 2018, will be published on Datatec's website (www.datatec.com or www.datatec.co.za) on Thursday, 28 June 2018 and contains no material modifications to the audited results which were announced on the Stock Exchange News Service (?SENS?) on 17 May 2018.



Notice is hereby given that the Annual General Meeting (?Meeting?) of shareholders of Datatec will be held at the JSE, 1st Floor Training Room, One Exchange Square, Gwen Lane, Sandown, Sandton, 2196, Republic of South Africa at 12:00 on Thursday, 20 September 2018 to transact the business as stated in the notice of meeting which will be posted, together with the summarised results for the year ended 28 February 2018, to shareholders today and also published on Datatec?s website.



Salient dates

The record date on which shareholders must be recorded as such in the register maintained by the transfer secretaries of the Company for the purposes of being entitled to receive notice of the meeting is Friday, 22 June 2018.



The record date on which shareholders must be recorded as such in the register maintained by the transfer secretaries of the Company for the purposes of being entitled to attend and vote at the meeting is Friday, 14 September 2018.



The last day to trade for the purposes of being entitled to attend and vote at the meeting is Tuesday, 11 September 2018.



Proxy forms must be lodged by no later than 12h00 on Tuesday, 18 September 2018. Any forms of proxy not lodged by this time must be handed to the chairperson of the meeting, prior to the meeting.
21-Jun-2018
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service (?SENS?) on 11 June 2018, wherein they were advised of the Company?s intention to convene a general meeting, prior to Datatec?s next Annual General Meeting, in order to propose a special resolution authorising a general repurchase of shares in terms of the Listings Requirements of the JSE Ltd. Shareholders are now advised that a circular to shareholders, detailing the proposed general repurchase of shares and incorporating a notice of general meeting and, where applicable, a form of proxy, has been posted today Thursday, 21 June 2018 (?the Circular?).



The Circular is also available on the Company?s website, www.Datatec.com. The salient dates pertaining to the proposed general repurchase authority, also contained in the Circular, are set out below:



Salient dates 2018

* The record date for purposes of receiving the Circular and Notice of General Meeting (being the date on which a Datatec Shareholder must be recorded in the Register in order to receive the Circular and Notice of General Meeting) is Friday, 15 June

* Circular posted to Datatec Shareholders on Thursday, 21 June

* Last day to trade in order to be eligible to attend, speak and vote at the General Meeting is Tuesday, 10 July

* Record date to determine Shareholders eligible to attend, speak and vote at the General Meeting is Friday, 13 July

* Last day and time to give notice to participate in the General Meeting electronically by 15:00 on Wednesday, 18 July

* For administrative purposes, Shareholders requested (but not required) to lodge forms of proxy with the Transfer Secretaries, by 15:00 on Friday, 20 July

* General Meeting of Shareholders at 15:00 on Tuesday, 24 July

* Results of General Meeting released on SENS on Tuesday, 24 July

* Results of General Meeting published in the South African press on Wednesday, 25 July
11-Jun-2018
(Official Notice)
Datatec has recently received feedback from a number of its shareholders following the release of its results for the financial year ended 28 February 2018 on 17 May 2018. The feedback indicated that several shareholders are supportive of Datatec obtaining a new general repurchase authority from shareholders without waiting until the next annual general meeting of Datatec.



Accordingly, the Board has decided to issue a circular as soon as possible convening a general meeting of shareholders for the purposes of voting on a special resolution to authorise a general repurchase of shares in terms of the Listings Requirements of the JSE Ltd., without waiting until the next annual general meeting as previously communicated.



An announcement will be released on the Stock Exchange News Service, advising shareholders of the posting of the circular and notice of general meeting.
05-Jun-2018
(Official Notice)
Datatec announced the successful renewal of banking facilities for Westcon Europe. In the Group?s FY18 Results Announcement on 17 May 2018, it was noted that the syndicated banking facility for Westcon Europe would expire in July 2018 and that the Group was in an advanced stage of negotiation of a replacement facility.



Datatec confirms that the replacement facility of USD280 million has now been agreed with existing and new banks in a syndicate led by HSBC.



The new committed facility will expire on 4 June 2020 and is considered adequate for Westcon Europe?s current working capital needs. The facility will bear interest at 2.95% above the USD, Euro or Sterling base rate and contains certain affirmative and negative covenants. Advances under this arrangement are available up to 75% of the eligible accounts receivable.
31-May-2018
(Official Notice)
Datatec Ltd, the international Information and Communications Technology (ICT) company, announces the appointment of Ms Ekta Singh-Bushell as an independent non-executive director of the Company, and a member of the Audit, Risk - Compliance Committee and Social - Ethics Committee, with effect from 1 June 2018.



Ms Singh-Bushell serves on public and private corporate boards bringing diverse global management experience and expertise in financial, digital technology, cybersecurity and risk operations. She was Chief Operating Officer, Executive Office at the Federal Reserve Bank of New York, and previously had a 17 year career in senior managing partner roles with EY, such as US Innovation - Digital Strategy Leader, Northeast Advisory People Leader and Chief Information Security Officer. She has led transformations across multiple industries impacted by digital technology and information management advances.



She is currently a Member of the Board of Directors and of the Audit Committee of TTEC (NASDAQ:TTEC), a global CX services leader, and acts for DecisionGPS LLC and LifeStream [Taxonometrics] as Strategic Board Advisor. Ms Singh-Bushell is a Certified Public Accountant (USA). She has a Master?s degree in Electrical Engineering - Computer Science from the University of California, Berkeley, and a Bachelors of Engineering degree from the University of Poona, India.



28-May-2018
(Official Notice)
Datatec Ltd, the international Information and Communications Technology (ICT) Company, announces that Chris Seabrooke will retire from the board at the AGM on 20 September 2018. As previously announced, Chris will stand down from the Audit, Risk and Compliance Committee, both as Chairman and member on 31 May 2018. Johnson Njeke will succeed Chris as Audit, Risk and Compliance Committee Chairman on that date.

17-May-2018
(C)
Revenue for the year increased to USD3.924 billion (2017: USD3.862 billion), gross profit rose to USD636 million (2017: USD622.3 million), operating profit before interest, tax, depreciation, amortisation and impairment ("EBITDA") decreased to USD26.7 million (2017: USD29 million). Operating loss climbed to USD81 million (2017: loss of USD23.3 million), loss for the year from continuing operations surged to USD117.8 million (2017: loss of USD53 million), while headline loss per share from continuing operations was higher at USD29.9 cents per share (2017: headline loss of USD28.3 cents per share).



Dividend

Given the Group's dividend policy and negative underlying earnings in FY18, the Board is not declaring a final dividend.



Current trading and outlook

Logicalis is expected to deliver another strong financial performance in FY19, supported by anticipated growth in all regions, the contribution of PT Packet Systems Indonesia, Inc. ("PSI") and the large multi-year project in Latin America.



Logicalis will also continue with organic and acquisitive initiatives in line with its strategy. Any acquisitions will be funded by Logicalis cash and debt resources.



The restructuring of Westcon International is underway with committed plans to cut costs and streamline its operations to return the business to profitability and resume growth.



The Board expects that the financial performance of Logicalis and the successful restructuring of Westcon International will enhance the value of the Group going forward.
15-May-2018
(Official Notice)
Datatec, the international Information and Communications Technology (ICT) company, announces that a subsidiary of Logicalis Group Limited (?Logicalis?) has signed an agreement to acquire 100% of the issued share capital of Coasin Chile S.A. (?Coasin?), a Chilean ICT services and solutions provider, which also has operations in Peru (?Acquisition?). The Acquisition, which is expected to close in the third quarter of 2018, is subject to certain third party consents as well as approval by the Chilean Competition Authorities.



Established in 1966, Coasin is a provider of ICT support and managed services, networking, and POS solutions with a strong position in the mining and financial services verticals. Coasin had annual turnover of USD84.4 million, profit after tax of USD2.8 million, and net assets of USD12 million for the twelve months ended 31 December 2017. The Acquisition is expected to be earnings enhancing.



Logicalis will acquire Coasin from its current owners (Sociedad De Ejecuci?n De Proyectos De Ingenier?a Datatel Limitada, Sociedad De Inversiones Tecnol?gicas Limitada, and Inversiones Telco Chile Limitada) for a cash consideration of up to USD20.2 million, of which USD19.1 million will be paid on completion of the Acquisition (?Completion?), and the remaining USD1.1 million will be paid based on Coasin achieving a profit target for the twelve months to 30 June 2018. The acquisition consideration will be settled in cash from Logicalis? resources.



The Acquisition will bring significant capabilities and scale to Logicalis? existing operations in Chile and Peru. Coasin?s experience in the mining and financial services verticals creates opportunities for Logicalis to better serve its multinational clients while broadening its services scope to new customer groups.
10-May-2018
(Official Notice)
Datatec is publishing an updated trading statement for the year ended 28 February 2018 (?FY18?).



On 25 January 2018 Datatec announced that it had a reasonable degree of certainty (in terms of paragraph 3.4(b)(iii) of the JSE Listings Requirements) that the financial results for FY18 would differ by at least 20% from the previous corresponding period, but at that time did not have a reasonable degree of certainty of the specific percentage or range difference in respect of its three earnings per share metrics compared to FY17.



The preparation of the FY18 results has reached the stage where the Group has such a reasonable degree of certainty and expects that for FY18:

? Underlying loss per share is expected to be 5.6 US cents, 16.6 US cents and more than 100% lower than the 11.0 US cents underlying earnings per share reported in FY17;

? Headline loss per share is expected to be 19.1 US cents, 21.1 US cents and more than 100% lower than the 2.0 US cents headline earnings per share reported in FY17;

? Earnings per share is expected to be 20.5 US cents, 19.1 US cents and more than 100% higher than the 1.4 US cents reported in FY17.



The year over year decline in underlying earnings per share and headline earnings per share is primarily as a result of the sale of Westcon Americas to SYNNEX with effect from 1 September 2017, with the earnings from Westcon Americas therefore only being included in the FY18 earnings for a six month period (compared to twelve months in FY17) and the weaker financial performance for Westcon International in FY18 compared to FY17 which contrasted with a much stronger performance in Logicalis and Analysys Mason.



The year over year increase in earnings per share is as a result of the profit generated on the sale of Westcon Americas to SYNNEX and the sale of Logicalis SMC.



Westcon goodwill previously carried by the Group (USD247 million) was allocated to Westcon Americas in full and derecognised as part of the profit on disposal. A portion of capitalised development expenditure (USD33 million) was similarly allocated to Westcon Americas and derecognised as part of the profit on disposal. Most of the remaining capitalised development expenditure (USD55 million) was impaired at the year end. This will result in significantly lower amortisation expense in future financial years.



The Company intends to release its full year results for FY18 on SENS on 17 May 2018.
25-Jan-2018
(Official Notice)
Datatec published a trading statement for the financial year ending 28 February 2018 ("FY18").



Accordingly, the Group expects that for FY18:

? Underlying earnings per share will be at least 20% (at least 2.2 US cents) lower than the 11.0 US cents reported in FY17

? Headline earnings per share will be at least 20% (at least 0.4 US cents) lower than the 2.0 US cents reported in FY17

? Earnings per share will be at least 20% (at least 0.28 US cents) higher than the 1.4 US cents reported in FY17



The year over year decline in underlying earnings per share and headline earnings per share is primarily as a result of the sale of Westcon Americas to SYNNEX with effect from 1 September 2017, with the earnings from Westcon Americas therefore only being included in the FY18 earnings for a six month period (compared to 12 months in FY17).



The year over year increase in earnings per share is as a result of the expected profit generated on the sale of Westcon Americas to SYNNEX.



Datatec will release a further trading statement providing specific guidance on its three earnings per share metrics as soon as practicable during the process of finalising the results for FY18.



The Company expects to release its full year results for FY18 on SENS on or about 17 May 2018.
23-Jan-2018
(Official Notice)
The board of directors of the Company ("Board") hereby, in term of paragraph 11.27 of the Listings Requirements of the JSE Ltd ("JSE"), advises shareholders that the Company, in accordance with the general authority granted by shareholders at the Company?s annual general meeting held on Thursday, 14 September 2017 ("General Authority"), has cumulatively repurchased from shareholders, through the order book operated by the JSE, and in a series of unrelated transactions without any prior understanding or arrangement between the Company and these shareholders, 11 919 739 ordinary shares ("Shares") in the aggregate, representing 4.66% of the Company's issued share capital (excluding treasury Shares) ("Repurchase"). The Company reached the 3% repurchase threshold, provided for in the Listings Requirements of the JSE, on Monday, 22 January 2018, hence requiring the publication of this announcement.



The Board has considered the effect of the Repurchase and is of the opinion that, for a period of 12 months following the date of the Repurchase:

-the Company and its subsidiaries (the "group") will be able in the ordinary course of business to pay its debts;

-the assets of the Company and the group will be in excess of the liabilities of the Company and the group. For this purpose, the assets and liabilities were recognised and measured in accordance with the accounting policies used in the latest audited annual group financial statements;

-the share capital and reserves of the Company and the group will be adequate for ordinary business purposes;

-the working capital of the Company and the group will be adequate for ordinary business purposes; and

-the Company and the group have passed the solvency and liquidity test and since the test was performed, there have been no material changes to the financial position of the group.
15-Jan-2018
(Official Notice)
11-Jan-2018
(Official Notice)
The ordinary shareholders of the Company ("Shareholders") are referred to the announcements released by the Company on the Stock Exchange News Service (?SENS?) on Wednesday, 29 November 2017, and Friday, 8 December 2017, in terms of which the Company declared a special cash dividend of R23,00 per ordinary share ("Share") to Shareholders ("Cash Dividend") on the basis that ?

1. any Shareholder is entitled, in lieu of the Cash Dividend, to elect to receive a scrip distribution of fully-paid capitalisation Shares in respect of all or a part of their shareholding as at the close of business on the Record Date, being Friday, 12 January 2018 ("the Scrip Distribution"); or

2. if any Shareholder fails to make an election or does not make its election properly or timeously, the default position is that such Shareholder will receive (and is deemed to have elected to receive) the Cash Dividend in respect of his entire shareholding as at the close of business on the Record Date.



The ratio applicable to the Scrip Distribution entitlement was announced on SENS on Friday, 22 December 2017 and clarified on Tuesday, 2 January 2018, being 67.19252 capitalisation Shares per 100 Shares held by each Shareholder at the close of business on the Record Date. If the application of this ratio of entitlement gives rise to a fraction of a Share, such fraction will be rounded down to the nearest whole number, resulting in allocations of whole Shares and a cash payment for the fraction ("Rounding Provision").



The applicable cash payment has been determined with reference to the volume-weighted average price ("VWAP") of a Share traded on the JSE on Wednesday, 10 January 2018 (being the day on which a Share begins trading 'ex' the entitlement to receive the Cash Dividend or the Scrip Distribution alternative), discounted by 10%.



Accordingly, Shareholders are advised that the basis applicable in determining the cash payment for the fractional entitlement is R28,94 (R32,16, discounted by 10%). The cash payment for the fractional entitlement net of the applicable dividend withholding tax (i.e. 20%) is R23.15.
08-Jan-2018
(Official Notice)
Shareholders are referred to the circular dated Friday, 8 December 2017 (?Circular?), and the finalisation announcement released by the Company on the Stock Exchange News Service ("SENS") on Friday, 22 December 2017 (?Finalisation Announcement?), in terms of which, inter alia, the Company specified the terms upon which it would pay a special cash dividend of R23,00 per ordinary share (?Share?) to shareholders (?the Cash Dividend?) with an election, in respect of all or a part of their shareholding, to receive a scrip distribution of fully-paid capitalisation Shares ("the Scrip Distribution") in lieu of the Cash Dividend.



At the request of the JSE, the Circular and Finalisation Announcement record that a portion of the Cash Dividend will be funded from foreign sources. The JSE now requires the Company to clarify that the Cash Dividend and Scrip Distribution will constitute a local (i.e. South African) distribution and not a foreign distribution. The Company will pay the Cash Dividend and settle the issue price of the Scrip Distribution from a local South African bank account. The reference to the funding of a portion of the Cash Dividend from foreign sources means that the Company will be put in funds to pay the relevant portion of the Cash Dividend and settle the relevant portion of the issue price of the Scrip Distribution from cash generated by one of its foreign subsidiaries and distributed to the Company prior to the payment of the Cash Dividend and issue of Scrip Distribution Shares. It is not intended to mean, and does not mean, that a portion of the Cash Dividend and/or issue price of any capitalisation Shares is paid or settled using foreign cash.



Shareholders are nevertheless specifically referred to the tax implications of the Cash Dividend and the Scrip Distribution election as set out in paragraph 3.4 of the Circular. The salient dates for the proposed Cash Dividend and Scrip Distribution alternative, as contained in the Circular, have not been amended and remain unchanged. Any change will be announced on SENS.
02-Jan-2018
(Official Notice)
Further to the finalisation announcement released by the Company on the Stock Exchange News Service ("SENS") on Friday, 22 December 2017, the Company wishes to clarify that the ratio of entitlement to receive a scrip distribution of fully paid capitalisation ordinary shares (?Shares?) in respect of all or a part of their shareholding as at the close of business on the Record Date, being Friday, 12 January 2018 ("the Scrip Distribution"), is 67.19252 fully paid-up capitalisation issue Shares for every 100 Shares held and not 67.19071 as previously stated.



The salient dates for the proposed special cash dividend of R23.00 per ordinary share to shareholders and scrip distribution alternative, as contained in the circular dated Friday, 8 December 2017, have not been amended and remains unchanged. Any change will be announced on SENS.



22-Dec-2017
(Official Notice)
08-Dec-2017
(Official Notice)
07-Dec-2017
(Official Notice)
Datatec, the international Information and Communications Technology (ICT) company, announced on 24 October 2017 that the secondary listing of its shares on the Alternative Investment Market of the London Stock Exchange (?AIM?) will cease and cancellation will be effective at 7:00am GMT on 8 December 2017.



Accordingly, today will be the last day of trading of Datatec shares on AIM. The primary listing of Datatec shares on the Johannesburg Stock Exchange (?JSE?) will continue and is not affected by the cancellation of the AIM listing. As explained in the previous announcement and in a letter from the Transfer Secretary, Computershare, DI holders will have their DIs removed from CREST and placed on a Jersey share certificate as ordinary shares on 8 December 2017.



The shares held by existing shareholders on the Jersey Register on 8 December 2017, including those of shareholders who were previously DI holders in CREST, will be transferred from the Computershare UK nominee account on the Jersey register to a Computershare SA custodian account on the Main (South Africa) Register, in the respective shareholder?s name.



This transfer of shares from the Jersey branch register will be undertaken over the weekend 9/10 December 2017 so that on Monday 11 December 2017 all shares from the Jersey Register will have been transferred to the Main Register and the Jersey Register will close.



Shareholders whose shares have moved to the Main Register from the Jersey Register will then have the option of having their shareholding dematerialised into a Computershare SA CSDP account on the Strate depositary in South Africa or to any other financial institution via a CSDP to enable their shares to be traded on the JSE. Shareholders may contact Computershare for assistance by telephone on +27 11 370 5000 or email at Web.Queries@Computershare.co.za
29-Nov-2017
(Official Notice)
13-Nov-2017
(C)
24-Oct-2017
(Official Notice)
10-Oct-2017
(Official Notice)
Datatec Ltd. announces that its subsidiary Logicalis Group Ltd. (?Logicalis?), has entered an agreement to sell its service management consultancy operation, Logicalis SMC (?SMC?), based in the Netherlands to DXC Technology (NYSE: DXC) for an undisclosed sum.



Logicalis acquired SMC on 4 March 2013 as one of the four European operations purchased from 2e2. Under Logicalis? ownership, the SMC business has grown significantly and now employs 184 people.



SMC will join the DXC Technology ServiceNow practice within Fruition Partners, a DXC Technology company and a leading global ServiceNow platform.



The transaction will enable Logicalis to continue to have a trading relationship with SMC whilst releasing funds to reinvest in Logicalis? core operations and further mergers and acquisitions (M-A) activity.



This announcement is voluntary in terms of the JSE Listings Requirements and AIM Rules. The transaction size does not fall within the category requirements of the JSE Listings Requirements or the AIM class tests.







05-Oct-2017
(Official Notice)
Datatec Ltd., the international Information and Communications Technology (ICT) company is publishing a trading statement for the six months ended 31 August 2017 (?H1 FY18?). In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on next will differ by at least 20% from the previous corresponding reporting period (?H1 FY17?).



Accordingly, the Group now expects that for H1 FY18:

*Underlying** earnings per share will be between 1 and 2 US cents, 84% - 92% below H1 FY17: 12.5 US cents

*Headline loss per share will be between 5 and 6 US cents (H1 FY17: earnings per share of 9.1 US cents)

*Loss per share will be between 5 and 6 US cents (H1 FY17: earnings per share of 9.1 US cents)



Consolidated revenue for H1 FY18 is expected to be USD2.99 billion* (H1 FY17: USD3.04 billion*) with a gross margin of 13.3%* (H1 FY17: 13.8%*).



The year over year decline in earnings is primarily as a result of a worse performance in the Group?s Westcon subsidiary (?Westcon-Comstor?). Westcon-Comstor continued to experience disruption to the business as a result of the final SAP implementation in Europe, Middle East and Africa (?EMEA?). Further details are given in the Westcon-Comstor section below. Earnings for H1 FY18 were further impacted by higher finance charges, amortisation expense and effective tax rate than in H1 FY17.
14-Sep-2017
(Official Notice)
At the annual general meeting (?AGM?) of the shareholders of Datatec held today, 14 September 2017 all the ordinary and special resolutions proposed at the meeting were unaltered from that reflected in the Notice of AGM and were approved by the requisite majority of votes.



The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.
04-Sep-2017
(Official Notice)
Datatec (?the Group? ), the international Information and Communications Technology (ICT) group, has completed the sale of its Westcon-Comstor business in North America and Latin America (?Westcon Americas?) and of 10% of the remaining part of Westcon (?Westcon International?) to SYNNEX Corporation (NYSE: SNX) (?SYNNEX?), together ?the Transaction?.



The proceeds of the Transaction comprise USD630 million in cash on completion and up to USD200 million payable as a cash earn-out, subject to Westcon Americas meeting certain agreed gross profit performance targets.



The maximum consideration of D830 million equates to an equity valuation of the total Westcon-Comstor division of D1.1 billion.



The board will be reviewing options for the use and distribution of the cash proceeds received on closing of the Transaction.



As previously communicated to shareholders, the board intends to retain USD130 million for various operational and working capital and expansion funding requirements. The board will consider returning the majority of the remaining USD500 million to shareholders by way of share repurchases and / or a specific dividend, but in the meantime the proceeds will be retained in US Dollars.



The board has previously communicated that any cash payments received on the earn-out will be returned to shareholders.



As stated on 6 June 2017 when the Transaction was announced, it provides a unique opportunity for Westcon International to partner with a leading global distribution business and enables it to complete its transformation process and improve operating efficiency, so enhancing its value in the medium term.



Datatec shareholders voted to approve the Transaction at the general meeting held on 30 August 2017 and all

other conditions precedent to completion of the Transaction have been satisfied.

30-Aug-2017
(Official Notice)
Further to the Westcon-Comstor - SYNNEX transaction announced on 6 June 2017 (?the Transaction?) and the Circular containing the details of the Transaction, incorporating a notice of general meeting (?GM?) posted to shareholders on 31 July 2017, the GM of the shareholders of Datatec was held today, 30 August 2017.



Datatec advised that the ordinary resolution proposed at the meeting was unaltered from that reflected in the Notice of GM in the Circular and was approved by the requisite majority of votes.
31-Jul-2017
(Official Notice)
Shareholders are referred to the Westcon-Comstor - SYNNEX transaction announced on 6 June 2017 (?the Transaction?) and are advised that a circular containing the details of the Transaction, incorporating a notice of general meeting and a form of proxy (?the Circular?) has been posted today, Monday 31 July 2017. The Circular is also available on Company?s website: www.Datatec.com.



Notice of general meeting

Notice is hereby given that a general meeting of Datatec shareholders will be held at 14h00(South African Standard time) on Wednesday, 30 August 2017 at Bowmans, 11 Alice Lane, Sandton, Johannesburg, South Africa to transact the business as stated in the general meeting notice forming part of the Circular (?the Notice of General Meeting?).



Salient dates 2017

*Record date to determine which shareholders are entitled to receive the Notice of General MeetingFriday, 21 July

*Last day to trade in order to be eligible to attend and vote at the General MeetingTuesday, 22 August

*Last day and time to give notice to participate in the General Meeting electronically by 14:00 on Wednesday, 23 August

*Forms of instruction (CREST Depositary Interests) for the General Meeting to be lodged by 14h00 SAST (13h00 BST)onThursday 24 August

*Record date to determine which shareholders are entitled to attend and vote at the General Meeting Friday, 25 August

*Jersey Register Forms of proxy for the General Meeting to be lodged by 14h00 SAST (13h00 BST)on Friday, 25 August

*SA Forms of proxy for the General Meeting requested to be lodged for administrative purposes by 14h00 SAST onMonday, 28 August

*General Meeting of Shareholders at 14h00 SAST on Wednesday, 30 August

*Results of General Meeting released on SENS and RNS Wednesday, 30 August

*Results of General Meeting published in the South African press Thursday, 31 August



Change in role of executive directors

As set out in the Circular, from the date of completion of the Transaction, Jens Montanana will have joint roles as CEO of Datatec and Westcon International (the part of Westcon-Comstor which will remain 90% owned by Datatec) in addition to being Westcon International?s executive Chairman. Ivan Dittrich will have joint roles as CFO of Datatec and Westcon International.

25-Jul-2017
(Official Notice)
Shareholders are advised that the annual report containing the annual financial statements for the year ended 28 February 2017, will be published on Datatec's website (www.datatec.com or www.datatec.co.za) today, 25 July 2017 and contains no material modifications to the audited results which were announced on the Stock Exchange News Service (?SENS?) on 22 May 2017.



Mr Seabrooke will step down from the Audit, Risk and Compliance Committee after the publication of the financial results of the Company for the year ending 28 February 2018 and will be succeeded as Chairman by Mr Njeke, with effect from a date to be released on SENS by the Company.



Notice is hereby given that the Annual General Meeting ("AGM") of Datatec shareholders will be held at 12h00 on Thursday, 14 September 2017 in the DaVinci Hotel - Suites, Nelson Mandela Square, corner Maude and 5th Street, Sandown 2146, Republic of South Africa, to transact the business as stated in the notice of AGM which will be posted, together with the summarised results for the year ended 28 February 2017, to shareholders today and also published on Datatec?s website.



Salient dates

The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to receive notice of the AGM is Friday, 14 July 2017.



The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to attend and vote at the AGM is Friday, 8 September 2017 being the voting record date used to determine which shareholders are entitled to attend and vote at the AGM. The last day to trade in order to be entitled to vote at the AGM will therefore be Tuesday, 5 September 2017.



Proxy forms must be lodged by no later than 12h00 on Tuesday, 12 September 2017. Any forms of proxy not lodged by this time must be handed to the chairperson of the AGM immediately prior to the AGM.
04-Jul-2017
(Official Notice)
Datatec, the international Information and Communication Technology (ICT) group, announced that its subsidiary Logicalis Group Ltd. (?Logicalis?) has acquired a 51% stake in NubeliU, a South America based company specialising in cloud computing projects based on OpenStack.



The acquisition is part of Logicalis? strategy to position itself as a cloud integrator, and strengthens its commitment to the opensource community, in particular with OpenStack, which is essential for large SDx (Software Defined everything) and cloud computing projects.



NubeliU was founded in January 2015 by the team that deployed the first production clouds in OpenStack which is seen as one of the foundations for the industry?s future infrastructure. As a services company, NubeliU integrates OpenStack environments with customers? existing platforms across multiple vendor product lines. From its operations in Argentina and Brazil, it can deliver its service offerings remotely around the globe. This acquisition forms the basis for establishing a Logicalis Global OpenStack practice.



NubeliU's expertise in OpenStack will accelerate the global expansion of Logicalis' cloud computing and SDx practices, strengthening its position as a cloud integrator and ensuring its ability to meet its customers' requirements on their journey to digital transformation.
20-Jun-2017
(Official Notice)
Datatec, the international Information and Communication Technology (ICT) group, announces that its subsidiary Logicalis Group Ltd. (?Logicalis?), and its Indonesian partner Metrodata, have agreed to acquire a majority stake in Packet Systems Indonesia (?PSI?), a leading ICT systems integrator and service company. PSI will be integrated with Logicalis Metrodata Indonesia (?LMI?), the existing Indonesian operation of Logicalis.



PSI is a Cisco Gold Partner specialising in data centre, collaboration, information security solutions as well as Service Provider - Enterprise Network. Established in 2004, PSI has built a strong business in the telecommunications (?telco?) sector.



PSI?s 2016 revenues were USD77.4 million and profit before tax was USD4.9 million. Net assets at 31 December 2016 were USD11.1 million and PSI has 240 employees.



The acquisition will be effected by Logicalis acquiring 54% of PSI and Metrodata acquiring a 14% shareholding. The remaining 32% will continue to be held by PSI management shareholders. The total consideration payable by Logicalis will be USD6.8 million in cash funded from Logicalis? existing bank facilities.



The Indonesian telco sector is the fourth largest in the world and the ICT market is continuing to show strong growth. The transaction will bring additional scale and new customer relationships to Logicalis? Indonesian operation and provide an opportunity to leverage PSI?s telco skills and experience in other Logicalis locations across the region. Logicalis? newly established Security Managed Service practice in the Asia Pacific region, based out of Singapore, will support new service offerings to customers in Indonesia.



Through this transaction, PSI will also bring its own portfolio of digital solutions and services to existing and new customers, in both the telco and enterprise markets, such as Internet of Things, software defined technologies and data analytics.



The transaction is expected to close in the third calendar quarter of 2017.
06-Jun-2017
(Official Notice)
Datatec (?the Group? ), the international Information and Communications Technology (ICT) company, has entered into a definitive agreement (the ?Transaction Agreement?) to dispose of its Westcon-Comstor business in North America and Latin America (?Westcon Americas?) to SYNNEX Corporation (NYSE: SNX) (?SYNNEX?) for a maximum consideration of USD800 million and to sell 10% of the remaining part of Westcon (?Westcon International?) to SYNNEX, for USD30 million, together ?the Transaction?.



The maximum consideration of USD830 million equates to an equity valuation of the total Westcon-Comstor division of USD1.1 billion.



Highlights

? SYNNEX to acquire 100% of Westcon Americas for up to USD800m

? SYNNEX to also acquire 10% of Westcon International for USD30m

o Option to acquire further 10% interest of Westcon International for USD30 million

? Consideration of maximum USD830 million terms:

o USD630 million on closing: made up of USD500 million in SYNNEX shares and USD130 million in cash

o Additional USD200 million cash earn-out payment subject to FY18 Westcon Americas performance

? SYNNEX can elect to settle the share component in cash

? Jens Montanana will be appointed to SYNNEX?s board

? Excellent value crystallisation

? Creates major player in North American technology distribution market

? Complementary partnership provides significant growth opportunities for both businesses



The Transaction provides a unique opportunity for Datatec to partner with a leading distribution business in North America and benefit from its significant scale. The Transaction also enables Westcon International to complete its transformation process and improve operating efficiency, so enhancing its value in the medium term.



Closing of the Transaction is subject to a number of conditions including shareholder and regulatory approvals. A circular to shareholders of Datatec containing full details of the Transaction, and convening a general meeting of the shareholders to approve the Transaction as a category 1 transaction, will be sent to shareholders in due course and the salient dates and times of the Transaction, including the date of the general meeting, will be announced on SENS once the circular has been posted.
22-May-2017
(C)
Revenue for the period decreased to USD6.1 billion (2016:USD6.5 billion). Gross profit lowered to USD833.1 million (2016: USD868.7 million), operating profit dropped to USD60.5 million (2016: USD110.5 million), while profit attributable to owners of the parent was lower at USD3 million (2016: USD39.9 million). Furthermore, headline earnings per share weakened to USD2 cents per share (2016: USD19.4 cents per share).



Dividend

As the board's stated dividend policy is to maintain a fixed three times cover relative to underlying earnings when declaring dividends, no final dividend for FY17 is being declared.



Renewal of cautionary announcement

Datatec released a cautionary announcement on 25 January 2017, which was renewed on 8 March 2017, advising shareholders that negotiations are in progress in relation to a transaction, which, if successfully concluded, may have a material effect on the price of Datatec's shares. This was updated on 7 April 2017 when Datatec disclosed the additional information that the cautionary announcement relates to a possible sale of a major share of Westcon-Comstor's operations for a consideration (current and deferred) of more than US800 million. Negotiations are continuing and the proposed transaction is subject to contract and exclusivity provisions. There can be no certainty that the transaction will be completed, nor as to the precise terms on which the transaction might be completed. Shareholders are therefore advised to continue to exercise caution when dealing in Datatec?s securities.



Current trading and outlook

The Group has been challenged in FY17 by the implementation of BPO and SAP within Westcon-Comstor which has had an adverse impact on profitability, working capital and cash generation. The Group is in the final phase of this process and expects an improved performance in the financial year ahead.



11-May-2017
(Official Notice)
Datatec published a further trading statement for the year ended 28 February 2017. On 7 April 2017,the Group issued a trading statement to the effect that underlying earnings per share for the financial year ended 28 February 2017 (?FY17?) was expected to be more than 50% lower (or at least USD16 cents per share lower) than the prior year (?FY16?). Datatec also advised that headline earnings per share and earnings per share were also expected to be more than 50% lower (or at least USD10 cents lower) than the prior year.



In compliance with rule 3.4(b)(iii)(3) of the JSE Listings Requirements the Company can now advise that:

- Underlying earnings per share is expected to be USD11 cents for FY17 (66% lower than FY16: USD32 cents)

- Headline earnings per share is expected to be USD2 cents for FY17 (90% lower than FY16: USD19.4 cents)

- Earnings per share is expected to be USD1.4 cents for FY17 (93% lower than FY16: USD19.3 cents)



Consolidated revenue for FY17 was USD6.08 billion (FY16: USD6.45 billion) with a gross margin of 13.7% (FY16: 13.5%). The year over year decline in earnings is as a result of a worse than expected performance in the Company?s Westcon subsidiary (?Westcon-Comstor?), particularly in the fourth quarter. Westcon- Comstor experienced disruption to the business as a result of the final SAP implementation in Europe Middle East and Africa (?EMEA?). Further details are given in the Westcon-Comstor section below. Earnings were further impacted by higher finance charges, depreciation, amortisation expense and effective tax rate than in the prior year.



The company expects to release its full year results on 22 May 2017.



Cautionary Announcement

Shareholders are reminded that the Company released a cautionary announcement on SENS on 25 January 2017, which was renewed on 8 March 2017 and updated on 7 April 2017, advising shareholders that negotiations are in progress in relation to a possible sale of a major share of Westcon-Comstor?s operations, which, if successfully concluded, may have a material effect on the price of the Company's shares. There can be no certainty that the transaction will be completed, nor as to the precise terms on which the transaction might be completed. Shareholders are therefore advised to continue to exercise caution when dealing in the Company?s securities.
07-Apr-2017
(Official Notice)
08-Mar-2017
(Official Notice)
Further to the cautionary announcement released on SENS on 25 January 2017, shareholders are advised that negotiations are still in progress in relation to a transaction by the company, which, if successfully concluded, may have a material effect on the price of the company's shares. Accordingly, shareholders are advised to continue exercising caution when dealing in their Datatec shares until a further announcement is made.

25-Jan-2017
(Official Notice)
Shareholders are advised that Datatec has entered into negotiations in relation to a transaction by the company, which, if successfully concluded, may have a material effect on the price of the company's shares. Accordingly, shareholders are advised to exercise caution when dealing in their Datatec shares until a further announcement is made.



Datatec will not be issuing its usual voluntary interim management statement at this time.
28-Nov-2016
(Official Notice)
Datatec ordinary shareholders (?Shareholders?) are referred to the announcement released on the Stock Exchange News Service of the JSE Ltd. on Friday, 11 November 2016 (?the announcement?) regarding the ratio applicable to the Company?s declaration of an interim distribution of fully-paid Datatec ordinary shares of one cent each (?Scrip Distribution Shares?) to Shareholders recorded in the register at the close of business on the Record Date, being Friday, 25 November 2016 (?Record Date?). As set out in the announcement, Shareholders not electing to receive the Cash Dividend in respect of all or part of their shareholding were entitled to receive that number of Scrip Distribution Shares determined in the ratio of 1.27687 Scrip Distribution Shares for every 100 ordinary shares held on the Record Date.



In terms of the Scrip Distribution, 812 130 new ordinary shares were issued to Shareholders who did not elect to receive the Cash Dividend in respect of all or part of their shareholding, resulting in a capitalisation of the distributable retained profits of the Company of R38 161 989. Shareholders recorded in the register of the Company at the close of business on the Record Date holding 147 536 934 ordinary shares elected to receive the gross Cash Dividend of 60 cents per ordinary share (3.39 UK pence per share for shares held on the Jersey register), resulting in a total gross Cash Dividend of R88 522 160 which was paid out of the distributable retained profits of the Company.



Application to list the Scrip Distribution shares has been made to the JSE and to the London Stock Exchange for the admission of these shares to the Alternative Investment Market. Listing on both exchanges is expected to become effective today. Following implementation of the Scrip Distribution the Company?s issued and listed share capital is 211 976 622 ordinary shares of one cent each.
24-Nov-2016
(Official Notice)
Shareholders are referred to the Company?s unaudited interim financial results for the six months ended 31 August 2016, released on the Stock Exchange News Service (?SENS?) on 19 October 2016, in which they were advised that Datatec?s board of directors had resolved to declare an interim Scrip Distribution of ordinary Datatec shares, with the alternative to elect to receive a Cash Dividend of 60 cents per ordinary Datatec share.



The ratio applicable to the Scrip Distribution entitlement was announced on SENS on 11 November 2016, being 1.27687 Scrip Distribution shares for every 100 ordinary Datatec shares held on the Record Date, being Friday, 25 November 2016. If the application of this ratio gives rise to a fraction of an ordinary Datatec share, such fraction of a new ordinary Datatec share will be rounded down to the nearest whole number, resulting in allocations of whole ordinary Datatec shares and a cash payment for the fraction (?Rounding Provision?).



In accordance with the requirements of the JSE Ltd., the cash payment has been determined with reference to the volume weighted average price of an ordinary Datatec share traded on the JSE on Wednesday, 23 November 2016 (being the day on which an ordinary Datatec share began trading ?ex? the entitlement to receive the Scrip Distribution or Cash Dividend alternative), discounted by 10%.



Shareholders are accordingly advised that the basis applicable in determining the cash payment for the fractional entitlement is 4222 cents.



Example of fractional entitlement:

This example assumes that a Shareholder holds 100 ordinary shares at the close of business on the Record Date and does not elect to receive the Cash Dividend in respect of all or part of their shareholding.



* New ordinary share entitlement = 100 x 1.27687 % = 1.27687 new ordinary shares. The Rounding Provision described above is then applied and the shareholder will receive: 1 Scrip Distribution share in respect of the 100 ordinary shares held and a cash payment for the fractional entitlement based on the 4222 cents noted above of 0.27687 x 4222 = 1169 cents.
11-Nov-2016
(Official Notice)
03-Nov-2016
(Official Notice)
19-Oct-2016
(C)
29-Sep-2016
(Official Notice)
Datatec is in the process of finalising its interim results for the six months ended 31 August 2016 (?H1 FY17?), which will be released on Wednesday, 19 October 2016. On 20 July 2016, Datatec stated that Group revenues for the first four months of the financial year were 11% lower than in the comparable period but that gross margins improved. This reflected a much stronger US Dollar in the period and exceptionally strong revenue growth in the prior comparable period.



The Group now expects for H1 FY17:

- revenues of USD3.04 billion (7.6% lower than H1 FY16: USD3.29 billion);

- gross margin of 13.8% (H1 FY16: 13.1%);

- underlying earnings per share to be approximately 12.5 US cents (24.7% lower than H1 FY16: 16.6 US cents); and

- earnings per share and headline earnings per share to be approximately 9.1 US cents (24.2% lower than H1 FY16: 12.0 US cents).



Based on current trading and prevailing exchange rates, the Group expects underlying* earnings per share for the full year to 28 February 2017 (FY17) will be better than the prior year (FY16).
09-Sep-2016
(Official Notice)
At the annual general meeting (?AGM?) of the shareholders of Datatec held today, 9 September 2016 all the ordinary and special resolutions proposed at the meeting were unaltered from that reflected in the Notice of AGM and were approved by the requisite majority of votes.



The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.
25-Jul-2016
(Official Notice)
Datatec ordinary shareholders (?Shareholders?) are referred to the announcement released on SENS on Tuesday, 12 July 2016 (?the announcement?) regarding the ratio applicable to the Company?s declaration of a final distribution of fully-paid Datatec ordinary shares of one cent each (?Scrip Distribution Shares?) to Shareholders recorded in the register at the close of business on the Record Date, being Friday, 22 July 2016 (?Record Date?).



As set out in the announcement, Shareholders not electing to receive the Cash Dividend in respect of all or part of their shareholding were entitled to receive that number of Scrip Distribution Shares determined in the ratio of 3.08390 Scrip Distribution Shares for every 100 ordinary shares held on the Record Date.



In terms of the Scrip Distribution, 1 707 331 new ordinary shares were issued today to Shareholders who did not elect to receive the Cash Dividend in respect of all or part of their shareholding, resulting in a capitalisation of the distributable retained profits of the Company of R 75 293 297. Shareholders recorded in the register of the Company at the close of business on the Record Date holding 154 079 645 ordinary shares elected to receive the gross Cash Dividend of 136 cents per ordinary share (7.23 UK pence per share for shares held on the Jersey register), resulting in a total gross Cash Dividend of R 209 548 317 which was paid out of the distributable retained profits of the Company.



Application to list these shares has been made to the JSE and to the London Stock Exchange for the admission of these shares to the Alternative Investment Market. Listing on both exchanges is expected to become effective today. After the Scrip Distribution the Company has an issued share capital of 211 155 492 Ordinary shares of one cent each.
22-Jul-2016
(Official Notice)
Shareholders are advised that the annual report containing the annual financial statements for the year ended 29 February 2016, will be published on Datatec's website (www.datatec.com or www.datatec.co.za) today, 22 July 2016 and contains no material modifications to the audited results which were announced on the Stock Exchange News Service on 11 May 2016.



Notice is hereby given that the Annual General Meeting ("AGM") of Datatec shareholders will be held at 12h00 on Friday, 9 September 2016 in the DaVinci Hotel - Suites, Nelson Mandela Square, corner Maude and 5th Street, Sandown 2146, Republic of South Africa, to transact the business as stated in the notice of AGM which will be posted to shareholders today and also published on Datatec?s website.



Salient dates

The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to receive notice of the AGM is Friday, 15 July 2016.



The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to attend and vote at the AGM is Friday, 2 September 2016 being the voting record date used to determine which shareholders are entitled to attend and vote at the AGM. The last day to trade in order to be entitled to vote at the AGM will therefore be Tuesday, 30 August 2016.



Proxy forms must be lodged by no later than 12h00 on Wednesday, 7 September 2016. Any forms of proxy not lodged by this time must be handed to the chairperson of the AGM immediately prior to the AGM.
21-Jul-2016
(Official Notice)
Shareholders are referred to the Company?s audited financial results for the year ended 29 February 2016, released on the Stock Exchange News Service (?SENS?) on 11 May 2016, in which they were advised that Datatec?s board of directors had resolved to declare a final Scrip Distribution of ordinary Datatec shares, with the alternative to elect to receive a Cash Dividend of 136 cents per ordinary Datatec share.



The ratio applicable to the Scrip Distribution entitlement was announced on SENS on 12 July 2016, being 3.08390 Scrip Distribution shares for every 100 ordinary Datatec shares held on the Record Date, being Friday, 22 July 2016.



If the application of this ratio gives rise to a fraction of an ordinary Datatec share, such fraction of a new ordinary Datatec share will be rounded down to the nearest whole number, resulting in allocations of whole ordinary Datatec shares and a cash payment for the fraction (?Rounding Provision?).



In accordance with the requirements of the JSE Ltd., the cash payment has been determined with reference to the volume weighted average price of an ordinary Datatec share traded on the JSE on Wednesday, 20 July 2016 (being the day on which an ordinary Datatec share began trading ?ex? the entitlement to receive the Scrip Distribution or Cash Dividend alternative), discounted by 10%.



Shareholders are accordingly advised that the basis applicable in determining the cash payment for the fractional entitlement is 3932.1 cents.
20-Jul-2016
(Official Notice)
18-Jul-2016
(Official Notice)
Datatec Ltd. announces that Mfundiso Johnson Ntabankulu Njeke will join the board as independent non-executive director on 1 September 2016 whilst Professor Wiseman Nkuhlu will retire as an independent non-executive director at the AGM on 9 September 2016 after ten years of service.

12-Jul-2016
(Official Notice)
Shareholders are referred to the Company?s audited financial results for the year ended 29 February 2016, published on the Stock Exchange News Service (?SENS?) on 11 May 2016 in which it declared a final Scrip Distribution with a Cash Dividend alternative.



A circular setting out the terms of the Scrip Distribution and Cash Dividend alternative, including a Form of Election, (?the Circular?) was posted to shareholders on 17 June 2016, as announced on SENS on the same date. In addition, the Circular is available on the Company?s website, www.datatec.com or www.datatec.co.za.



Shareholders are advised that the number of Scrip Distribution shares to which each Shareholder will become entitled pursuant to the Scrip Distribution (to the extent that such Shareholder has not elected to receive the Cash Dividend) will be determined by reference to such Shareholder?s ordinary shareholding in Datatec (at the close of business on the Record Date) in relation to the ratio that 136 ZAR cents bears to 4410 ZAR cents, representing the volume weighted average price (?VWAP?) of an ordinary Datatec share traded on the JSE during the 30-dayperiod ended on Monday, 11 July 2016. The ratio of Scrip Distribution shares to which each Shareholder will become entitled pursuant to the Scrip Distribution (to the extent that such Shareholder has not elected to receive the Cash Dividend) is therefore 3.08390 Scrip Distribution shares for every 100 ordinary shares held on the Record Date.



Where a Shareholder?s entitlement to new Datatec ordinary shares calculated in accordance with the above formula gives rise to a fraction of a new ordinary share, such fraction of a new ordinary share will be rounded down to the nearest whole number, resulting in allocations of whole shares and a cash payment for the fraction (?Rounding Provision?).



The cash payment will be determined with reference to the VWAP of an ordinary Datatec share traded on the JSE on Wednesday, 20 July 2016 (being the day on which an ordinary Datatec share begins trading ?ex? the entitlement to receive the Scrip Distribution or Cash Dividend alternative), discounted by 10%. The applicable cash payment will be announced on SENS on Thursday, 21 July 2016.
17-Jun-2016
(Official Notice)
20-May-2016
(Official Notice)
Further to the announcement on 11 May 2016, Datatec, the international Information and Communications Technology (ICT) company, announces that, in accordance with the requirements of the AIM rules, Ivan Philip Dittrich, 43, who joins the Board as Chief Financial Officer (CFO) on 30 May 2016, has held the following former directorships or partnerships within the last five years:

Datatec Ltd.

Datatec PLC (formerly Datatec Global Holdings Ltd)

Datatec International Holdings Ltd.

Datatec China Holdings Ltd.

Datatec Group China (HK) Ltd.

Datatec Integration Services (Pty) Ltd

Datatec Management Services (Pty) Ltd

Westcon Group, Inc.

Westcon Southern Africa Holdings (Pty) Ltd, formerly Westcon SA (Pty) Ltd

Westcon Emerging Markets Group (Pty) Ltd

Westcon Middle East Ltd

Comstor Middle East Ltd

Westcon (India) Private Ltd.

Inflow Technologies Private Ltd.

Logicalis Group Ltd.

Analysys Mason Ltd.

Vodacom Group Ltd.

Vodacom Foundation Trust (Trustee)

Vodacom (Pty) Ltd.

Vodacom Insurance Company (RF)

Vodacom Life Assurance Company (RF)

Unica Autism Trust (Trustee)



Save as set out above, there are no details in relation to the appointment, which need to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.

19-May-2016
(Official Notice)
Datatec, the international Information and Communication Technology (ICT) group, announces that its subsidiary, Logicalis Group Limited (?Logicalis?), has agreed to acquire Lantares S.L. (?Lantares?), a Spanish IBM Cognos Partner and professional services provider specialising in Business Intelligence and Data Analytics. Lantares is a leader in the implementation of strategic solutions for corporate performance management and information management, both on- premise and cloud-based. Lantares had revenues of EUR4.1 million in the year ended 31 December 2015 and employs over 40 staff, the majority of whom are based in Madrid. The acquisition will add an attractive skill set to Logicalis? strong IBM solutions credentials in Spain.
11-May-2016
(Official Notice)
Datatec announced that Ivan Dittrich will join the Board as Chief Financial Officer (CFO) on 30 May 2016. Jurgens Myburgh, the Group's current CFO, has accepted the position of CFO of Mediclinic International Plc (LSE:MDC, JSE:MEI) and will leave Datatec at the end of July 2016. Ivan Philip Dittrich, 43, previously worked in a number of roles across the Group including as CFO from March 2008 to May 2012, when he left Datatec to take up the role of CFO of Vodacom Group Ltd.
11-May-2016
(C)
26-Apr-2016
(Official Notice)
16-Feb-2016
(Official Notice)
WestconGroup, a subsidiary of Datatec Limited, will be hosting analyst and investor presentations on 17 and 18 February 2016 in Johannesburg and Cape Town respectively. The event is being hosted by Dolph Westerbos, CEO of WestconGroup, and members of the executive leadership team and will provide an overview of the company and details on its strategic initiatives. A copy of the presentation will be available on Datatec?s website www.datatec.com
27-Jan-2016
(Official Notice)
01-Dec-2015
(Official Notice)
Datatec announced that its subsidiary, Logicalis Group Ltd. (?Logicalis?), has acquired 100% of the issued share capital of Thomas Duryea Consulting (Pty) Ltd. (?Thomas Duryea?), an Australian ICT services and solutions provider. Established in 2000, Thomas Duryea is a provider of Data Centre, Cloud and Microsoft solutions and services with operations in Melbourne and Sydney. With annual turnover of approximately USD50 million and 125 employees, the acquisition will enhance Logicalis? scale and capabilities in the Australian ICT market. The acquisition will be paid in cash.
30-Nov-2015
(Official Notice)
Datatec ordinary shareholders ("Shareholders") are referred to the announcement released on the Stock Exchange News Service of the JSE Ltd. on Friday, 13 November 2015 ("the announcement") regarding the ratio applicable to the Company's declaration of an interim distribution of fully-paid Datatec ordinary shares of one cent each ("Scrip Distribution Shares") to Shareholders recorded in the register at the close of business on the Record Date, being Friday, 27 November 2015 ("Record Date").



As set out in the announcement, Shareholders not electing to receive the Cash Dividend in respect of all or part of their shareholding were entitled to receive that number of Scrip Distribution Shares determined in the ratio of 1.76056 Scrip Distribution Shares for every 100 ordinary shares held on the Record Date.



In terms of the Scrip Distribution, 464 367 new ordinary shares were issued to Shareholders who did not elect to receive the Cash Dividend in respect of all or part of their shareholding, resulting in a capitalisation of the distributable retained profits of the Company of R27 694 848. Shareholders recorded in the register of the Company at the close of business on the Record Date holding 182 608 451 ordinary shares elected to receive the gross Cash Dividend of 105 ZAR cents per ordinary share (4.920 UK pence per share for shares held on the Jersey register), resulting in a total gross Cash Dividend of ZAR 191,738,874, which was paid out of the distributable retained profits of the Company.



Application to list these shares has been made to the JSE Ltd. and to the London Stock Exchange for the admission of these shares to the Alternative Investment Market. Listing on both exchanges is expected to become effective on 30 November 2015. After the Scrip Distribution the Company has an issued share capital of 209 448 161 Ordinary shares of ZAR0.01 each.



Share certificates will be dispatched to certificated Shareholders and Central Securities Depository Participant / broker accounts of dematerialised Shareholders will be credited on 30 November 2015. Payment of the Cash Dividend will also be made 30 November 2015.
13-Nov-2015
(Official Notice)
Shareholders are referred to the company's unaudited interim results for the six months ended 31 August 2015, published on the Stock Exchange News Service ("SENS") on 21 October 2015 in which it declared an interim Scrip Distribution with a Cash Dividend alternative.



A circular setting out the terms of the scrip distribution and cash dividend alternative, including a Form of Election, ("the Circular") was posted to shareholders on 5 November 2015 as announced on SENS on the same date. In addition, the circular is available on the company's website, www.datatec.com or www.datatec.co.za.



Shareholders are advised that the number of Scrip Distribution shares to which each shareholder will become entitled pursuant to the scrip distribution (to the extent that such shareholder has not elected to receive the cash dividend) will be determined by reference to such shareholder's ordinary shareholding in Datatec (at the close of business on the Record Date) in relation to the ratio that 105 ZAR cents bears to 5964 ZAR cents, representing the volume weighted average price of an ordinary Datatec share traded on the JSE during the 30-day trading period ending on Thursday, 12 November 2015. The ratio of scrip distribution shares to which each Shareholder will become entitled pursuant to the scrip distribution (to the extent that such shareholder has not elected to receive the cash dividend) is therefore 1.76056 scrip distribution shares for every 100 ordinary shares held on the record date:

100 x 105 ZAR cents

5964 ZAR cents = 1.76056



If the application of this ratio gives rise to a fraction of an ordinary share, no fractional entitlement shall arise and the result of such calculation will be rounded up to the nearest whole number where the fraction is greater than or equal to 0.5 and rounded down to the nearest whole number where the fraction is less than 0.5 (the "Rounding Provision").



Example of Scrip Distribution entitlement:

This example assumes that a Shareholder holds 1000 ordinary shares at the close of business on the Record Date and does not elect to receive the Cash Dividend in respect of all or part of their shareholding.



New ordinary share entitlement = 1000 x 1.76056%

= 17.6056 new shares (then apply the Rounding Provision described above)

= 18 Scrip Distribution shares in respect of the 1000 ordinary shares held.



05-Nov-2015
(Official Notice)
21-Oct-2015
(C)
30-Sep-2015
(Official Notice)
Datatec is in the process of finalising its interim results for the six months ended 31 August 2015 ("H1 FY16"), which are expected to be released on Wednesday, 21 October 2015.



On 30 July 2015, Datatec released an Interim Management Statement informing shareholders that the Group had delivered good revenue growth, especially in North America, and that profitability would be impacted by restructuring in Westcon EMEA and reorganisation at Logicalis UK as well as the continued weakness of emerging market currencies relative to the US Dollar.



In particular, the imposition of capital controls at the end of 2014 in Angola and the devaluation of the Angolan Kwanza resulted in a foreign exchange loss of USD8.9 million in H1 FY16 at Westcon. Management has instituted a series of actions to control the exposure and reduce further losses.



In terms of the JSE Ltd. Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from those of the previous corresponding period ("H1 FY15"). Accordingly, shareholders are advised that:

*total foreign exchange losses in H1 FY16 amounted to USD10.6 million, equivalent to 4.9 US cents per share (H1 FY15 USD0.6 million, equivalent to 0.3 US cents per share);

*earnings per share and headline earnings per share for H1 FY16 will be approximately 12.0 US cents. This is 25% lower than the 16.0 US cents reported for H1 FY15; and

*underlying* earnings per share for H1 FY16 will be approximately 15.0 US cents. This is 18% lower than the 18.2 US cents reported for H1 FY15.



The financial information on which this statement is based has not been reviewed and reported on by Datatec?s external auditors.



*underlying earnings per share* Excluding impairment of goodwill and intangible assets, profit or loss on sale of investments and assets, amortisation of acquired intangible assets, unrealised foreign exchange movements, acquisition related adjustments, fair value movements on acquisition-related financial instruments, restructuring costs and the taxation effect on all of the aforementioned.
10-Sep-2015
(Official Notice)
At the annual general meeting of Datatec, held at 12h00 10 September 2015, votes were registered for 94.5% of the Company?s issued shares. All the ordinary and special resolutions, as proposed in the notice to the annual general meeting, were passed with the requisite majority. In this regard, Datatec confirms the voting statistics from the AGM as follows:

*Total number of shares that could be voted at meeting - 205 304 200

*Total number of shares present/represented including proxies at meeting - 193 924 304

*Total number of members present - 10
09-Sep-2015
(Official Notice)
Datatec announced that, following fulfilment of all conditions precedent, its subsidiary Logicalis, Inc., has completed the acquisition, announced on 29 July 2015, of Advanced Technology Integration Group from MCPc, Inc., for a total consideration of up to USD42 million.



The consideration is being funded partly by the issue of 3,679,594 new Datatec ordinary shares in terms of a USD18.5 million vendor consideration placing. The new Datatec ordinary shares will be issued at R67.00 per share, which represents a discount of 4.3% to the 30 day VWAP up to and including 28 August 2015, being the day prior to the date that the placing was authorised by the board of directors.



Approval has been received from the JSE Ltd. for the listing and an application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market. Listing on both exchanges is expected to become effective on, 9 September 2015.



Following this listing of shares, Datatec will have an issued share capital of 208,983,794 ordinary shares of ZAR0.01 each.

30-Jul-2015
(Official Notice)
29-Jul-2015
(Official Notice)
Datatec announced that its subsidiary, Logicalis, Inc. (?Logicalis?), has conditionally agreed to acquire Advanced Technology Integration Group (?ATIG?), a solution provider offering system integration and professional services to enterprise and commercial customers across the Midwest region of the United States, for up to USD42 million (including contingent consideration) from MCPc, Inc. (?MCPc?).



The acquisition will consolidate Logicalis? presence in the key Midwest region and present significant cross selling opportunities for its services offering. Its offering is highly complementary to Logicalis?. MCPc is selling ATIG to focus on their end user computing business, an area where Logicalis does not operate.



In the year ended 31 December 2014, ATIG had revenues of USD133 million and the acquisition is expected to be earnings enhancing for Datatec.



ATIG employs over 100 skilled staff across 14 offices and provides enterprise networking, data centre, unified communications, cloud and managed services solutions to a range of vertical markets including healthcare, state and local government and education.



The acquisition is subject to a number of closing conditions and is expected to become effective in September 2015.
21-Jul-2015
(Official Notice)
Further to the announcement on 20 July 2015, in relation to the allotment of 1,689,556 ordinary ZAR 0.01 shares to satisfy the Company?s scrip distribution plan, application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market and to the JSE Limited for the listing of these shares. Listing on both exchanges is expected to become effective on or about 24 July 2015.



Following this listing, Datatec will have an issued share capital of 205,304,200 ordinary shares of ZAR 0.01 each.

21-Jul-2015
(Official Notice)
Shareholders are advised that the annual report containing the annual financial statements for the year ended 28 February 2015, will be published on Datatec's website (www.datatec.com or www.datatec.co.za) today, 21 July 2015 and contains no material modifications to the audited results which were announced on the Stock Exchange News Service on 13 May 2015.



Notice is hereby given that the Annual General Meeting ("AGM") of Datatec shareholders will be held at 12h00 on Thursday, 10 September 2015 in the DaVinci Hotel - Suites, Nelson Mandela Square, corner Maude and 5th Street, Sandown 2146, Republic of South Africa, to transact the business as stated in the notice of AGM which will be posted to shareholders today and also published on Datatec?s website.



Salient dates

The record date on which shareholders of the company must be registered as such in the company's securities register in order to receive notice of the AGM is Friday, 10 July 2015.



The record date on which shareholders of the company must be registered as such in the company's securities register in order to attend and vote at the AGM is Friday, 4 September 2015 being the voting record date used to determine which shareholders are entitled to attend and vote at the AGM.



The last day to trade in order to be entitled to vote at the AGM will therefore be Friday, 28 August 2015.



Proxy forms must be lodged by no later than 12h00 on Tuesday, 8 September 2015. Any forms of proxy not lodged by this time must be handed to the chairperson of the AGM immediately prior to the AGM.



Board change

Rob Evans will focus on his roles as Chief Operating Officer of Logicalis and Chairman of the Consulting Services Division and will not put himself forward for re-election at the AGM after retiring by rotation.
20-Jul-2015
(Official Notice)
Shareholders are referred to the company?s audited financial results for the year ended 28 February 2015, published on the Stock Exchange News Service (?SENS?) on 13 May 2015 (?Results Announcement?)in which they were advised of the company?s declaration of the final distribution of fully-paid Datatec ordinary shares of one cent each (?the Scrip Distribution?) to ordinary shareholders (?Shareholders?) recorded in the register of the company at the close of business on the Record Date, being Friday, 17 July 2015 (?the Record Date?).



As set out in the announcement, Shareholders not electing to receive the Cash Dividend in respect of all or part of their shareholding were entitled to receive that number of Scrip Distribution Shares determined in the ratio of 1.62382 Scrip Distribution Shares for every 100 ordinary shares held on the Record Date. Where a Shareholder?s entitlement to Scrip Distribution Shares, calculated in accordance with the above ratio, gave rise to a fraction of a new ordinary share, such fraction of a new ordinary share was rounded up to the nearest whole number where the fraction was greater than or equal to 0,5 and rounded down to the nearest whole number where the fraction was less than 0,5.



In terms of the Scrip Distribution, 1 689 556 new ordinary shares were issued today to Shareholders who did not elect to receive the Cash Dividend in respect of all or part of their shareholding, resulting in a capitalisation of the distributable retained profits of the company of R 112 214 199. Shareholders recorded in the register of the company at the close of business on the Record Date holding 99 566 360 ordinary shares elected to receive the gross Cash Dividend of 108 ZAR cents per ordinary share, resulting in a total gross Cash Dividend of R 107 531 669, which was paid out of the distributable retained profits of the company. After the Scrip Distribution the company has an issued share capital of 205,304,200 Ordinary shares of ZAR 0.01 each.



Share certificates, where applicable, were dispatched to certificated Shareholders at their own risk. The Cash Dividend payments were made/Central Securities Depository Participant/broker accounts of dematerialised Shareholders were credited, today, 20 July 2015.
03-Jul-2015
(Official Notice)
19-Jun-2015
(Official Notice)
14-May-2015
(Media Comment)
Business Day reported that shares in Datatec rose 3.19% to close at R63 after it reported strong full year performance. Technology firm Datatec reported revenue growth of 13.3% to USD6.4 billion, which it expected to maintain driven by among other things demand for cloud solutions. CEO Jens Montanana expects the group's diversified operating portfolio to continue to deliver revenue growth, as second biggest subsidiary Logicallis adapts its capabilities to address cloud-based infrastructure opportunities and Westcon, the group's biggest subsidiary, increases its momentum with international vendors.
13-May-2015
(C)
06-May-2015
(Official Notice)
Datatec announced that its subsidiary, Logicalis Group Ltd. ("Logicalis"), has acquired Trovus , a UK Business Intelligence consultancy, which provides business insight solutions, professional services and managed services to large enterprise clients. Trovus? analytics solutions equip its customers with rapid access to actionable business insights from existing data within their own businesses. Its offering is highly complementary to Logicalis? Business Analytics and Information Management unit. The combination will enable Logicalis to significantly increase the depth of its business intelligence engagement model whilst retaining its focus on licence and supporting infrastructure sales.
30-Apr-2015
(Official Notice)
Datatec, is in the process of finalising its results for the year ended 28 February 2015 (FY15), which are expected to be released on Wednesday, 13 May 2015. On 19 March 2015, Datatec announced that the Group expected to report underlying earnings per share of between 41 - 43 US cents for FY15, which is between 15% - 20% higher than the 35.7 US cents reported for the previous corresponding reporting period. This guidance remains unchanged.



In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from those of the previous corresponding period. Accordingly, shareholders are advised that:

*earnings per share will be in the range 36 -38 US cents, which is between 27% - 34% higher than the 28.4 US cents reported for the previous corresponding reporting period; and

*headline earnings per share will be in the range 36 - 38 US cents, which is between 14% - 20% higher than the 31.6 US cents reported for the previous corresponding reporting period.



The financial information on which this statement is based has not been reviewed and reported on by Datatec?s external auditors.



Excluding impairment of goodwill and intangible assets, profit or loss on sale of investments and assets, amortisation of acquired intangible assets, unrealised foreign exchange movements, acquisition related adjustments, fair value movements on acquisition-related financial instruments and the taxation effect on all of the aforementioned.
19-Mar-2015
(Official Notice)
Datatec (the ?Group?, JSE and LSE: DTC), the international Information and Communications Technology (?ICT?) group, is publishing its trading update for the financial year ended 28 February 2015 (?FY15?).



The Group has seen an improved financial performance in FY15. Westcon has continued its robust recovery over the previous year with strong growth in sales and market share gains, particularly in North America. Logicalis delivered a comparative and sequential improvement in the second half of FY15, leading to revenue and EBITDA growth year-over-year.



Based on current management reporting, the Board expects the Group to achieve revenues of approximately USD6.4 billion (2014: USD5.69 billion) and underlying earnings per share of between 41 ? 43 US cents (2014: 35.7 US cents) for FY15. This is based on: revenue growth driven by the improved performance at Westcon; Westcon?s revenues constituting approximately 75% of the total revenue mix and Logicalis? 24%; a small improvement in operating margins at Westcon and Logicalis and an effective Group tax rate of approximately 36.5%.



The Group expects to maintain its final distribution to shareholders at 9 US cents (2014: 9 US cents), aggregating to a total distribution of approximately 17 US cents per share for FY15 (2014: 17 US cents). This will again be a scrip distribution with cash dividend alternative.



The marked strengthening of the US Dollar on foreign exchange markets over recent months has had the effect of diminishing the contribution to the Group?s results from its operations denominated in other currencies. Continued dollar strength will have an impact on the Group?s results for the year ending 28 February 2016.



The Group expects to release its results for FY15 on Wednesday, 13 May 2015.
18-Feb-2015
(Official Notice)
Datatec announced the allotment of 15 200 ordinary R0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE for the listing of these shares. Listing on both exchanges is expected to become effective on 19 February 2015. Following this listing, Datatec will have an issued share capital of 203 614 644 ordinary R0.01 shares of which 29 369 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
05-Feb-2015
(Official Notice)
In compliance with the AIM Rules, Datatec announced two forthcoming issues of ordinary R0.01 shares:



*The allotment of 351 055 shares to Promon SA on 9 February 2015 in settlement of the acquisition by Logicalis of a small additional amount of shares in Promon Logicalis Latin America Ltd. as previously announced in Datatec?s IMS on 15 January 2015.



*The allotment of 11 200 shares on 10 February 2015 following the exercise of share options.



Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on the allotment dates mentioned above.



Following these listings, Datatec will have an issued share capital of 203 599 444 ordinary R0.01 shares of which 29 369 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
26-Jan-2015
(Official Notice)
Datatec announces the allotment of 6 200 ordinary R0,01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 29 January 2015.



Following this listing, Datatec will have an issued share capital of 203 237 189 ordinary R0.01 shares of which 29 369 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
15-Jan-2015
(Official Notice)
13-Jan-2015
(Official Notice)
In compliance with the AIM Rules, Datatec announces the issue/allotment of ordinary ZAR 0.01 shares as follows:

* 1 631 696 shares on 14 January 2015 to the vendors of Inforsacom GmbH in part settlement of the acquisition by Logicalis announced on 2 December 2014; and

* 8 200 shares on 15 January 2015 following the exercise of employee share options.



Application has been made to the JSE Ltd. for the listing of these shares, and to the London Stock Exchange for the admission of these shares to the Alternative Investment Market. Listing on both exchanges is expected to become effective on the dates specified above.



Following these listings, Datatec will have an issued share capital of 203 230 989 ordinary ZAR0.01 shares of which 29 369 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
02-Dec-2014
(Official Notice)
Datatec ("the Group"), the international Information and Communications Technology (ICT) Group, announces that its subsidiary, Logicalis Group Ltd. ("Logicalis"), has signed agreements to acquire 100% of the issued share capital of Inforsacom Holding GmbH ("Inforsacom"), a German ICT services and solutions provider.



Inforsacom is a provider of database, storage and infrastructure solutions and services with operations across the major economic centres of Germany. The acquisition will significantly enhance Logicalis' scale and capabilities in the German ICT market. Inforsacom has an annual turnover of approximately USD140 million and employs 160 staff.
01-Dec-2014
(Official Notice)
Datatec ordinary shareholders ("Shareholders") are referred to the announcement released on the Stock Exchange News Service on Friday, 14 November 2014 ("the announcement") regarding the ratio applicable to the company's declaration of an interim distribution of fully-paid Datatec ordinary shares of one cent each ("Scrip Distribution Shares) to Shareholders recorded in the register at the close of business on the Record Date, being Friday, 28 November 2014 ("Record Date").



As set out in the announcement, Shareholders not electing to receive the Cash Dividend in respect of all or part of their shareholding were entitled to receive that number of Scrip Distribution Shares determined in the ratio of 1.63630 Scrip Distribution Shares for every 100 ordinary shares held on the Record Date.



In terms of the Scrip Distribution, 2 018 910 new ordinary shares were issued today to Shareholders who did not elect to receive the Cash Dividend in respect of all or part of their shareholding, resulting in a capitalisation of the distributable retained profits of the company of R 108 576 980. Shareholders recorded in the register of the company at the close of business on the Record Date holding 76 189 934 ordinary shares elected to receive the gross Cash Dividend of ZAR88 cents per ordinary share (5.090 UK pence per share for shares held on the Jersey register), resulting in a total gross Cash Dividend of R 66 047 142, which was paid out of the distributable retained profits of the company.



After the Scrip Distribution the company has an issued share capital of 201 591 093 Ordinary shares of ZAR 0.01 each.



Share certificates will be dispatched to certificated Shareholders and Central Securities Depository Participant / broker accounts of dematerialised Shareholders will be credited today, 1 December 2014. Payment of the Cash Dividend will also be made today, 1 December 2014.
14-Nov-2014
(Official Notice)
31-Oct-2014
(Official Notice)
21-Oct-2014
(Official Notice)
Datatec announced the allotment of 24 000 ordinary R0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Limited for the listing of these shares. Listing on both exchanges is expected to become effective on 22 October 2014.



Following this listing, Datatec will have an issued share capital of 199 572 183 ordinary R0.01 shares of which 105 809 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
15-Oct-2014
(C)
14-Oct-2014
(Official Notice)
Datatec will be hosting a teleconference call and webcast for analysts and investors on Wednesday, 15 October 2014 at 09:30am SA time / 08:30am UK time, with its CEO, Jens Montanana and CFO, Jurgens Myburgh to review the Group?s unaudited interim results for the six months ended 31 August 2014 and will also participate in a Q-A session. The results announcement is expected to be published on SENS and RNS at 08:00am SA time / 07:00 UK time.



Participants can access the teleconference call facility by dialling:

*South Africa toll: +27 (0)11 535 3600

*South Africa toll free: 0800 200 648

*UK toll free: 0808 162 4061



Participants can access the webcast link by clicking on www.corpcam.com/datatecinterimresults2015 or by going to http://www.datatec.co.za/results-reports/financial-results/ . The results presentation can also be downloaded from both links half an hour before the start of the event.



Participants should please register for the call / log-on to the webcast at least five minutes before the start of the event.



For those unable to listen to the live call, the recording of the webcast will be available a few hours after the live event and can be accessed by clicking on http://www.datatec.co.za/results- reports/financial-results/ A teleconference playback facility will be available for seven working days following the announcement. For South Africa dial +27 (0)11 305 2030 and for the UK dial 0808 234 6771 (playback code: 31484#).
17-Sep-2014
(Official Notice)
At the annual general meeting of Datatec, held at 12h00 today, 17 September 2014, votes were registered for 90% of the Company's issued shares. All the ordinary and special resolutions, as proposed in the notice to the annual general meeting, were passed with the requisite majority.



The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.



The Board of Directors of Datatec (the "Board") wishes to inform shareholders of its resolution to henceforth replace the cash distribution by way of capital reduction with a dividend to be declared from distributable reserves (the "Dividend"). The Board has evaluated the effects on the Company and shareholders and come to the conclusion to preserve contributed tax capital by changing to declaration of Dividends in future. The Board has further resolved to amend the Dividend payment mechanism by the introduction of a bonus share issue of new, fully paid, ordinary Datatec shares ("New Shares") in proportion to shareholders' shareholding in Datatec (the "Capitalisation Share Issue"). Shareholders will be entitled, in respect of all or part of their shareholding, to elect to receive a cash dividend alternative in lieu of all or part of the New Shares to which they would have been entitled ("Cash Dividend Alternative"). The rationale for the Capitalisation Share Issue is to afford shareholders the opportunity to increase their shareholding in Datatec and retain the Company's flexibility on liquidity management. The Dividend, Capitalisation Share Issue and the Cash Dividend Alternative may have tax implications for shareholders.



The Board wishes to reiterate that the Group's dividend policy of paying an annual dividend, which will provide cover of at least three times relative to underlying earnings, remains unchanged.
04-Sep-2014
(Official Notice)
Datatec Ltd, the international Information and Communications Technology (ICT) group, announces that Westcon Group (Westcon) has acquired the assets of US based Verecloud, Inc. (Verecloud), the developer of an advanced channel distribution platform for cloud and services solutions, for USD12 million. Established in 2006, Verecloud?s cloud services platform aggregates best-in-class cloud solutions and services and acts as a brokerage providing businesses with complete access and control of all their cloud applications from one portal. The platform will be incorporated into Westcon?s Cloud Solutions Practice and form the foundation for its cloud go-to-market solution which is designed to help resellers drive significant revenue from cloud-enabled services.



The acquisition consideration will be settled through the issue of Datatec shares in three tranches, with the first tranche consisting of the allotment of 1,998,831 ordinary ZAR 0.01 shares. The second and third tranches are dependent on a number of conditions and will become payable one and two years after the transaction date, respectively. Applications have been made to the JSE and LSE for the listing of the 1,998,831 first tranche shares, which is expected to become effective on 12 September 2014. After this issue, Datatec will have an issued share capital of 199,548,183 shares of which 105,908 are Treasury shares.
02-Sep-2014
(Official Notice)
Datatec announces that Logicalis Group ("Logicalis"), has acquired a 51% shareholding in ituma GmbH ("ituma"), a speciality software developer based in Germany.



Logicalis will have exclusive rights to ituma's proprietary software based Wi-Fi platform. The technology enables businesses to deliver Wi-Fi enabled-services such as 3D in-location navigation, product and service offerings access, product promotions and omni-channel retail ordering to their customers.



Established as a start-up company in 2010, ituma has highly specialised skills and a unique offering. The acquisition presents a significant opportunity for Logicalis to grow ituma's licence revenues exponentially and increase infrastructure revenues globally through its own sales organisation.

15-Aug-2014
(Official Notice)
Shareholders are advised that the annual report containing the annual financial statements for the year ended 28 February 2014, will be distributed to shareholders and published on Datatec's website (www.datatec-group.com or www.datatec.co.za ) on 15 August 2014 and contains no material modifications to the audited results which were announced on SENS on 14 May 2014.



Notice of AGM

Notice is given that the Annual General Meeting ("AGM") of Datatec shareholders will be held at 12h00 on 17 September 2014 in the DaVinci Hotel - Suites, Nelson Mandela Square, corner Maude and 5th Street, Sandown 2146, Republic of South Africa, to transact the business as stated in the AGM notice forming part of the annual report.



Salient dates

The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to receive notice of the AGM is Friday, 8 August 2014. The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to attend and vote at the AGM is Friday, 12 September 2014 being the voting record date used to determine which shareholders are entitled to attend and vote at the AGM. The last day to trade in order to be entitled to vote at the AGM will therefore be Friday, 5 September 2014.



Proxy forms must be lodged by no later than 12h00 on Monday, 15 September 2014. Any forms of proxy not lodged by this time must be handed to the chairperson of the AGM immediately prior to the AGM.
17-Jul-2014
(Official Notice)
15-Jul-2014
(Official Notice)
In compliance with the AIM Rules, the following information is disclosed:

As part of the transfer of the Intact Holdings Limited ("Intact") business to Westcon Group, Inc., which was announced on 14 May 2014, Datatec Limited has acquired the remaining minority shareholder interests in Intact.



The shares acquired in Intact constitute 1% of the share capital of Intact and 25% of the share capital of Intact Integrated Services GmbH ("Intact GmbH"), a German subsidiary of Intact, for a consideration of ZAR 19,954,519 which is being funded through a vendor consideration issue.



Datatec Limited announces the allotment of 380,617 ordinary ZAR 0.01 shares as consideration for the acquisition of further shares in Intact and Intact GmbH from management shareholders. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Limited for the listing of these shares. Listing on both exchanges is expected to become effective on 16 July 2014. Following this listing, Datatec will have an issued share capital of 197,549,352 ordinary ZAR0.01 shares of which 105,908 are Treasury Shares held by the Datatec Share Incentive Trust 2005.

14-May-2014
(C)
Revenue for the year rose to USD5.7 billion (USD5.2 billion). Gross profit was higher at USD841.4 million (USD780.3 million). EBITDA lowered to USD175.3 million (USD185.5 million). Operating profit also decreased to USD122.1 million (USD141.4 million). Profit attributable to owners fell to USD55.8 million (USD78.1 million). In addition, headline earnings per share declined to USD31.6cps (USD40.8cps).



Cash distribution by way of capital reduction

The board has elected to maintain its final capital distribution for the year due to its strong financial position and prospects.



The Group paid an interim capital distribution in respect of FY14 to shareholders of 80 RSA cents (approximately USD8 cents, USD8 cents) per share on 2 December 2013. The Group has declared and will distribute to shareholders a final capital reduction in lieu of a dividend out of Contributed Tax Capital of ZAR93 cents (approximately USD9 cents, USD9 cents) per share, making a total capital distribution to shareholders for the financial year ended 28 February 2014 of ZAR173 cents (approximately USD17 cents, USD17 cents) per share.



Current trading and outlook

Economic conditions remain very mixed across Datatec's markets. While improvement has been evident in Europe there are adverse indications in Australia and North America is variable. Customers remain cautious about investment and are increasingly seeking service based models of IT resource delivery.



The Group aims to operate in the sectors which are growing as a result of this trend, such as infrastructure as a service, data centre and networking managed services, the integration of unified communications systems and security solutions.



Based on current trading conditions and prevailing exchange rates, the Board expects revenues for the 2015 financial year to be above USD6,0 billion. The Board expects underlying earnings per share to be more than USD40 cents.
31-Mar-2014
(Official Notice)
Datatec), the international Information and Communications Technology (ICT) group, is today publishing a trading statement for the financial year ended 28 February 2014.



The Group?s estimates are:

*revenues will be in the range USD5.6 - USD5.8 billion (2013: USD5.25 billion);

*profit after tax USD64 - USD69 million (2013: USD85 million);

*underlying earnings per share 34 - 37 US cents (2013: 43.1 US cents);

*earnings per share: 28 - 31 US cents (2013: 40.8 US cents); and

*headline earnings per share: 30 - 33 US cents (2013: 40.8 US cents).



The Group expects to maintain its distribution to shareholders, via a final capital reduction out of contributed tax capital in lieu of a dividend, at 9 US cents (2013: 9 US cents), making a distribution of approximately 17 US cents per share in total for the year ended 28 February 2014, (2013: 17 US cents).



In the Interim Management Statement (IMS) on 15 January 2014, the Group indicated that it might have to make a provision of up to $20 million relating to the recoverability of certain assets in Westcon North America. The Group has now recovered more than half of these legacy vendor claim assets. The balance has been written off, which has been reflected in the above estimates.



Overall, Westcon's trading conditions remain unchanged since the IMS. Trading in Logicalis has remained robust in all major markets and Analysys Mason has had another strong performance. The Group expects to release its full year results for the financial year ended 28 February 2014 on or about Wednesday 14 May 2014. The financial information on which this statement is based has not been reviewed and reported on by Datatec?s external auditors.



The forecasts for profit after tax, earnings per share and headline earnings per share do not take into account any fair value gains or losses on acquisition related financial instruments (including put option liabilities), which are required under IFRS. Underlying earnings per share excludes goodwill and intangibles impairment, amortisation of acquired intangible assets, acquisition-related adjustments, profit or loss on sale of assets and businesses, fair value movements on acquisition related financial instruments and unrealised foreign exchange movements.

06-Mar-2014
(Official Notice)
In compliance with the AIM Rules, the following information is disclosed:



Datatec announces the allotment of 25 050 ordinary R0,01 shares following the exercise of share options on or before 28 February 2014. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 7 March 2014.



Following this listing, Datatec will have an issued share capital of 197 167 735 ordinary R0.01 shares of which 203 740 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
15-Jan-2014
(Official Notice)
Datatec ("the group"), the international Information and Communications Technology (ICT) group, announced that Rob Evans, the group's Chief Financial Officer, will become Group Operations Director with effect from 1 June 2014. He will be succeeded by Jurgens Myburgh, who will be joining the group as Chief Financial Officer designate on 1 May 2014.



The addition of this new board role reflects the growing scale and complexity of the group's operations. Rob's responsibilities will include business process improvement, internal audit, post-acquisition integration oversight and internal corporate development.
15-Jan-2014
(Official Notice)
11-Dec-2013
(Official Notice)
In compliance with the AIM Rules, Datatec announces the following:

* The allotment of 2 400 ordinary ZAR 0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 12 December 2013.

* The allotment of 605 901 ordinary ZAR0.01 shares as the third of three equal annual tranches of shares issued as part consideration for the acquisition of the Netarx business in the USA by Logicalis which was announced on 4 July 2011. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on or about 13 December 2013.



Following these share issues and listings, Datatec will have an issued share capital of 197 142 685 ordinary ZAR0.01 shares of which 203 740 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
03-Dec-2013
(Official Notice)
Datatec, the international Information and Communications Technology (ICT) group, has appointed Dolph Westerbos as Chief Executive Officer of Westcon Group, its global distribution of advanced networking, security and unified communications solutions division, with effect from 1 January 2014. He will take over from Dean Douglas who is leaving Datatec to take up another role, after a handover in January.
14-Nov-2013
(Official Notice)
Datatec announced that it has appointed Gary Bullard as Chief Executive of Logicalis Group, its IT solutions and managed services division, with effect from 1 March 2014. Gary will succeed Ian Cook who is retiring as CEO. Ian will become non-executive Chairman.
16-Oct-2013
(C)
Revenue for the interim period went up to USD2.8 billion (USD2.6 billion) and gross profit was greater at USD413.5 million (USD377.0 million). Operating profit was lower at USD67.0 million (USD71.0 million). Profit attributable to owners fell to USD33.9 million (USD39.3 million). In addition, headline earnings per share decreased to USD18.2cents per share (USD20.7 cents per share).



Interim cash distribution

The Group will distribute to shareholders an interim capital reduction out of contributed tax capital in lieu of a dividend, of ZAR80 cents per share (approximately USD8 cents per share) for the six months ended 31 August 2013.



Current trading and prospects

The Group remains very well positioned to support its vendors and customers through its investments to drive scale and create broad international coverage. Technology innovation remains high in the sectors in which the Group operates as IT infrastructure migrates to cloud based services, which is fuelling demand for networking, security, mobility and unified communications solutions.



In light of Weston's underperformance and the effect of continued disruption caused by the system transition, the forecast for the financial year ending 28 February 2014 has been revised down from that originally presented on 15 May 2013.
14-Oct-2013
(Official Notice)
Datatec announced that its subsidiary Logicalis Group Ltd. ("Logicalis") has acquired iConsult (Jersey) Ltd ("iConsult"), a Channel Islands based provider of hosted desktop and mail solutions (the "Transaction"). The Transaction will be made through Logicalis' wholly owned local subsidiary Logicalis Jersey Ltd.



The Transaction will strengthen the current IT services positioning of the business which is ideally suited to fiduciary customers headquartered in the Channel Islands. Almost all iConsult?s annual revenues of approximately USD2.0 million are annuity in nature. iConsult will be integrated with Logicalis' existing Channel Islands operation. With Logicalis' current hosted services being based in Guernsey the Transaction means Logicalis is now better placed to provide cloud and hosted desktop services to the whole Channel Islands.
10-Sep-2013
(Official Notice)
At the annual general meeting of Datatec, held at 14h00 on 10 September 2013, votes were registered for 85% of the company's issued shares. All the ordinary and special resolutions, as proposed in the notice to the annual general meeting, were passed with the requisite majority, with more than 86% of votes in favour of each resolution. The special resolution will be lodged for registration with the Companies and Intellectual Property Commission in due course.
08-Aug-2013
(Official Notice)
Datatec announced the allotment of 2 400 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 13 August 2013.



Separately, Datatec announced the transfer of 5 575 Treasury Shares on 8 August 2013 from the Datatec Ltd. Share Incentive Trust 2005 (the "Trust") to settle the exercise of share appreciation rights by a participant in the Share Appreciation Rights Scheme 2005.



Following this listing and transfer from Treasury, Datatec will have an issued share capital of 196 534 384 ordinary ZAR0.01 shares of which 203 740 are Treasury Shares held by the Trust.
08-Aug-2013
(Official Notice)
With regard to the audited results for the year ended 28 February 2013, shareholders are advised that the annual report containing the annual financial statements will be distributed to shareholders and published on Datatec's website (www.datatec.co.za or www.datatec-group.com) on 8 August 2013 and contain no material modifications to the group audited results which were announced on SENS on 15 May 2013.



AGM announcement

Notice is given that the Annual General Meeting ("AGM") of Datatec shareholders will be held at the DaVinci Hotel - Suites, Nelson Mandela Square, Corner Maude and 5th Street, Sandown 2146, Republic of South Africa on 10 September 2013 at 14h00 to transact the business as stated in the annual general meeting notice forming part of the annual report.



Salient dates

The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to receive notice of the AGM is Friday, 26 July 2013. The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to attend and vote at the AGM is Friday, 30 August 2013 being the voting record date used to determine which shareholders are entitled to attend and vote at the AGM. The last day to trade in order to be entitled to vote at the AGM will therefore be Friday, 23 August 2013.
17-Jul-2013
(Official Notice)
19-Jun-2013
(Official Notice)
In compliance with the AIM Rules, Datatec announces the transfer of 8,804 Treasury Shares on 18 June 2013 from the Datatec Ltd Share Incentive Trust 2005 (the "Trust") to settle the exercise of share appreciation rights by a participant in the Share Appreciation Rights Scheme 2005. Following this transfer from the Trust, Datatec will have an issued share capital of 196,531,984 ordinary ZAR0.01 shares of which 238,466 are Treasury Shares held by the Trust.

03-Jun-2013
(Official Notice)
Datatec, the international Information and Communications Technology (ICT) group, announces that, following fulfilment of all conditions precedent, the acquisition of Comztek Holdings Ltd (Comztek), the full terms of which were announced on 30 November 2012, completed on 31 May 2013 (the acquisition).



The cash portion of the R88 million total consideration was settled by the payment of R48 million in cash funded from new loan finance (R27.4 million to Mustek; R20.6 million to the Management Sellers, including the contingent consideration of R8 million which became payable after Comztek met all required EBITDA performance conditions). The remaining portion of the consideration (R40 million) will be settled by the allotment of 752,606 new Datatec ordinary shares of ZAR0.01. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Limited for the listing of these shares. Listing on both exchanges is expected to become effective on 12 June 2013.



Following this listing of shares, Datatec will have an issued share capital of 196,531,984 ordinary ZAR0.01 shares of which 633,392 are Treasury Shares held by the Datatec Share Incentive Trust 2005.



Small related party transaction per the Listings Requirements of the JSE

The reorganisation planned to follow completion of the Acquisition involves Mineworkers Investment Corporation (MIC - the material B-BBEE shareholder in Datatec's subsidiary, Westcon South Africa Pty Ltd WSA), two of whose executive officers are currently non-executive directors of WSA. MIC is recognised as a related party and the acquisition is accordingly deemed a small related party transaction as defined in terms of the JSE Listings Requirements Accordingly, the directors of Datatec are required to provide the JSE with written confirmation from an independent professional expert that the terms of the acquisition are fair insofar as the shareholders of Datatec are concerned. BDO Corporate Finance, an independent professional expert acceptable to the JSE was appointed and has confirmed the Acquisition to be fair to shareholders. The opinion, which is still subject to JSE approval, is available for inspection at Datatec's registered office.
30-May-2013
(Official Notice)
Datatec announced:

* the allotment of 619 118 ordinary ZAR0.01 shares to the Datatec Share Incentive Trust 2005 to be held as Treasury shares for use in settlement of vested awards under the Group?s share based remuneration schemes.

* the allotment of 45 000 ordinary ZAR0.01 shares following the exercise of share options.



Application has been made to the JSE for the listing of these shares. Listing on both exchanges is expected to become effective on 31 May 2013. Following these listings, Datatec will have an issued share capital of 195 779 378 ordinary ZAR0.01 shares of which 633 392 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
29-May-2013
(Media Comment)
Business Report noted that Datatec is considering acquisitions in the US on signs that the world's biggest economy is improving. Datatec, which installs Cisco Systems products, will also target growth through potential acquisitions in South America, Africa, the Middle East and Asia, CE Jens Montanana said.
15-May-2013
(C)
Revenue for the year increased to USD5.2 billion (2012: R5.0 billion) and gross profit also grew to USD780.3 million (2012: 704.6 million). Operating profit shrunk to USD141.4 million (2012: USD150.6 million). Profit for the year attributable to owners narrowed to USD78.1 million (2012: USD80.8 million). Furthermore, headline earnings per share decreased to USD40.8cps (2012: USD43.1cps).



Cash distribution

The group has declared and will distribute to shareholders a final capital reduction in lieu of a dividend out of Contributed Tax Capital of ZAR83 cents (approximately USD9 cents, 2012: USD9 cents) per share, making a total capital distribution to shareholders for the financial year ended 28 February 2013 of ZAR153 cents (approximately USD17 cents 2012: USD16 cents) per share.



Current trading and prospects

Weak economic conditions continue to prevail in most of Datatec's markets. Companies remain cautious about investment, generally have strong balance sheets and are mainly focused on IT projects with compelling return on investment.



The cloud computing model is driving growth in many of the sectors in which the group operates, such as data centre and networking managed services, the integration of unified communications systems and security solutions. Conditions in Europe remain weak with modest growth in the US.



The board expects Westcon to return to revenue growth with operating leverage returning in the 2014 financial year. Logicalis is on track to record its fifth successive year of strong revenue and profit growth.



Based on current trading conditions and prevailing exchange rates, the Board expects revenues for the 2014 financial year of between USD5.6 billion and USD5.9 billion. The board expects underlying earnings per share to be approximately USD50 cents and both earnings per share and headline earnings per share to be approximately USD46 cents. Profit after tax is expected to be approximately USD102 million.
11-Apr-2013
(Official Notice)
Datatec, the international Information and Communications Technology (ICT) group, announced the allotment of 113 868 ordinary ZAR0.01 shares.



These shares are settlement for the acquisition by Datatec's subsidiary, The Via Group Inc. ("Via"), a company incorporated in the United States of America and already controlled by Datatec, of certain minority shareholders' interest in Via. The purpose of the allotment is to allow the minority shareholders to liquidate their shareholding and realise their investments following termination of employment with Via.



Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 12 April 2013.



Following this listing, Datatec will have an issued share capital of 195 115 260 ordinary ZAR0.01 shares of which 14 274 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
19-Mar-2013
(Official Notice)
13-Mar-2013
(Official Notice)
Datatec announced the allotment of 2 500 000 ordinary ZAR 0.01 shares by way of a placing to raise approximately EUR9.9 million (USD12.8 million) of the consideration for the acquisition of the European subsidiaries of 2e2 by Logicalis Group Ltd. announced on 4 March 2013.



Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 15 March 2013. Following this listing, Datatec will have an issued share capital of 195 001 392 ordinary ZAR0.01 shares of which 14 274 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
07-Mar-2013
(Official Notice)
Datatec announced the allotment of 23 300 ordinary R0.01 shares following the exercise of share options on or before 28 February 2013. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 8 March 2013. Following this listing, Datatec will have an issued share capital of 192 501 392 ordinary R0.01 shares of which 14 274 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
04-Mar-2013
(Official Notice)
Shareholders were advised that the special resolution approving the adoption of the company's Memorandum of Incorporation was passed by the requisite majority of votes at the general meeting held today.



The special resolution will be lodged with the Companies and Intellectual Properties Commission in due course.
04-Mar-2013
(Official Notice)
Datatec ("the group"), the international Information and Communications Technology (ICT) group, announced that its subsidiary Logicalis Group Ltd. (Logicalis) has agreed to acquire the European subsidiaries of 2e2, excluding the UK business, for EUR24m (USD31m) in cash. The consideration will be funded by a combination of cash and the issue of Datatec shares.



Logicalis will acquire the business from the administrators of 2e2. In addition the UK operations of Logicalis have taken on certain business, together with approximately 70 employees, from the UK 2e2 companies currently in administration.

The four separate businesses being acquired are in Spain, Ireland, the Netherlands and the Channel Islands:

*An IBM focused system integrator in Spain operating under the Morse trade name with a strong enterprise managed services focus;

*An IBM, NetApp and HP focused provider of enterprise hardware - software solutions and services in the Republic of Ireland operating under the Morse trade name;

*A HP and Xerox focused provider of managed services solutions in the Channel Islands; and

*A provider of IT service management consulting services and solutions in the Netherlands.



Together these businesses achieved unaudited revenues of approximately USD150m in the year ended 31 December 2012 with unaudited EBITDA of more than USD8m. In total, over 500 employees from 2e2 operations will now be joining Logicalis.
24-Jan-2013
(Official Notice)
Notice is hereby given that a general meeting of Datatec ordinary shareholders will be held at 14h00 on Monday, 4 March 2013 at the registered offices of Datatec, Ground Floor, Sandown Chambers, Sandown Village, 16 Maude Street, Sandown, Sandton, 2146 for the purposes of approving the company's new Memorandum of Incorporation (MOI). The MOI is being amended in order to harmonise it with the SA Companies Act 2008 and JSE Listing Requirements.



A circular, setting out, inter alia, the rationale for the adoption of the new MOI and including a notice of general meeting, will be posted to shareholders today, Thursday, 24 January 2013. The salient dates for the approval of the MOI, also contained in the circular (which circular is available on the company's website, www.datatec.co.za and at its offices set out above), are as follows:

*Record date to determine which Shareholders are entitled to receive the Circular containing the Notice of General Meeting Friday, 18 January 2013

*Circular posted on Thursday, 24 January 2013

*Last date to trade in order to be eligible to attend and vote at the General Meeting Friday, 15 February 2013

*Record date to determine which shareholders are entitled to attend and vote at the General Meeting Friday, 22 February 2013

*Last day to lodge forms of proxy with the Transfer Secretaries by 14:00 on Thursday, 28 February 2013

*General Meeting of Datatec shareholders to be held at Datatec?s Registered Office at 14:00 on Monday, 4 March 2013

*Results of General Meeting announced on SENS Monday, 4 March 2013
18-Jan-2013
(Official Notice)
Datatec announced the allotment of 3 600 ordinary R0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 23 January 2013.



Following this listing, Datatec will have an issued share capital of 192 478 092 ordinary R0.01 shares of which 14 274 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
16-Jan-2013
(Official Notice)
13-Dec-2012
(Official Notice)
In compliance with the AIM Rules, Datatec announced the following:

*The allotment of 605 901 ordinary ZAR0.01 shares as the second of three equal annual tranches of shares issued as part consideration for the acquisition of the Netarx business in the USA by Logicalis which was announced on 4 July 2011. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 14 December 2012.

*The allotment of 1 200 ordinary ZAR 0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 18 December 2012.



Following these share issues and listings, Datatec will have an issued share capital of 192 474 492 ordinary ZAR0.01 shares of which 14 274 are treasury shares held by the Datatec Share Incentive Trust 2005.
03-Dec-2012
(Official Notice)
Datatec published a trading update because Westcon's performance in the third quarter has been weaker than expected. The board now considers it unlikely that the group will reach its published forecasts.



Since the group published its half year results on 17 October 2012, Westcon's trading in Q3 has been slower than expected and comparatively lower than the same period last year. Continued weak conditions in Europe, business disruption in North America due to hurricane Sandy and lower than expected Federal business have negatively affected trading so far in the second half.



Logicalis continues to trade strongly and in line with expectation. Demand in the Consulting Services division has weakened in the second half.



The group's published forecasts for the financial year ending 28 February 2013 are for revenues of between USD5.5 billion and USD5.8 billion, profit after tax of approximately USD104 million, underlying earnings per share of approximately USD55 cents and earnings and headline earnings per share of approximately 50 US cents.



The group will issue its next Interim Management Statement (IMS) as usual in mid-January 2013. This will include an updated forecast for the financial year to 28 February 2013 and encompass the important trading in December.



Separately Dean Douglas, President and CEO of Westcon Group, is presenting at an investor conference in Cape Townon Monday, 3 December 2012. No new material information will be provided during the day. Copies of the presentation will be available on Datatec's website.
30-Nov-2012
(Official Notice)
28-Nov-2012
(Official Notice)
Datatec announced the issue of 70 081 ordinary R0.01 shares following the exercise of share appreciation rights by a participant in the Datatec Share Appreciation Rights Scheme. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 3 December 2012. Following this listing, Datatec will have an issued share capital of 191 867 391 ordinary R0.01 shares of which 14 274 are treasury shares held by the Datatec Share Incentive Trust 2005.
22-Nov-2012
(Official Notice)
Datatec announces the issue of 29 840 ordinary R0.01 shares following the exercise of share appreciation rights by a participant in the Datatec Share Appreciation Rights Scheme. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 23 November 2012. Following this listing, Datatec will have an issued share capital of 191 797 310 ordinary R0.01 shares of which 14 274 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
09-Nov-2012
(Official Notice)
Datatec announces the allotment of 25 239 ordinary R0.01 shares as consideration for the acquisition of further shares in Intact Holdings Ltd. from a management shareholder. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 12 November 2012. Following this listing, Datatec will have an issued share capital of 191 767 470 ordinary R0.01 shares of which 14 274 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
09-Nov-2012
(Official Notice)
Datatec, the international Information and Communications Technology (ICT) group, announces that its subsidiary Logicalis has acquired the Colombian and Ecuadorian operations of Cibercall S.A. (Cibercall, the Acquisition). The Acquisition will be made by Logicalis? 60% subsidiary Promon Logicalis Latin America Limited. The cash consideration has not been disclosed.



The acquisition further builds Logicalis presence in Latin America, combining Cibercall's local market knowledge and strong customer relationships, with Logicalis' existing ICT solutions portfolio, technical expertise and sound financial position. Cibercall's main vendor partner is Cisco Systems, and this acquisition strengthens the already strong Logicalis - Cisco relationship.



Cibercall's solutions portfolio includes implementation, support, training, help-desk and managed services. Cibercall has 45 employees and achieved unaudited revenues in excess of USD12 million in its financial year ended 31 December 2011.
23-Oct-2012
(Official Notice)
Datatec announced the allotment of 25 400 ordinary R0.01 shares following the exercise of share options. Application has been made to the JSE for the listing of these shares. Listing on both exchanges is expected to become effective on 24 October 2012. Following this listing, Datatec will have an issued share capital of 191 742 231 ordinary R0.01 shares of which 14 274 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
17-Oct-2012
(C)
Revenue for the interim period climbed to USD2.6 billion (2011: USD2.4 billion). Gross profit increased to USD377 million (2011: USD343.7 million), operating profit grew to USD71 million (2011: USD66.2 million), while profit for the period attributable to owners of the parent rose to USD39.3 million (2011: USD36.4 million). Furthermore, headline earnings per share was higher at USD20.7cps (2011: USD19.5cps).



Interim cash dividend

The group will distribute to shareholders an interim capital reduction out of contributed tax capital in lieu of a dividend, of 70 RSA cps (approximately USD8cps) for the six months ended 31 August 2012.



Current trading and prospects

The group is well positioned to support its vendors and customers by virtue of its scale and broad international coverage. Technology innovation remains high in the sectors in which the group operates as IT infrastructure migrates to cloud based services, which in turn fuels demand for security, mobility and unified communications solutions. On 16 May 2012, the group published a forecast for the 2013 financial year of revenues of between USD5.5 billion and USD5.8 billion, profit after tax of approximately USD104 million, underlying earnings per share of approximately USD55 cents and both earnings per share and headline earnings per share of approximately USD50 cents.



The board believes the group is still capable of achieving these forecasts if the anticipated performance improvements in the seasonally better second half are delivered together with the expected contribution from Afina. However this has become more challenging in the increasingly uncertain macro-economic environment.
05-Oct-2012
(Official Notice)
Datatec announced the issue of 72 095 ordinary ZAR0.01 shares as the final part of the initial consideration for the acquisition of the minority interest in Westcon Africa which was announced on 22 May 2012. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 8 October 2012. Following this listing, Datatec will have an issued share capital of 191 716 831 ordinary ZAR0.01 shares of which 14 274 are treasury shares held by the Datatec Share Incentive Trust 2005.
06-Sep-2012
(Official Notice)
At the annual general meeting of Datatec held at 12h00, 6 September 2012, votes were registered for 83% of the company's issued shares. All the ordinary and special resolutions, as proposed in the notice to the annual general meeting, were passed with the requisite majority, with more than 87% of votes in favour of each resolution.
06-Aug-2012
(Official Notice)
Shareholders were advised that the annual report containing the annual financial statements will be distributed to shareholders and published on Datatec's website (www.datatec.co.za or www.datatec-group.com) on 6 August 2012 and contain no material modifications to the group audited results which were announced on 16 May 2012.



Notice was also given that the annual general meeting ("AGM")of Datatec shareholders will be held at the Sandton Sun Hotel, Cnr Fifth Street and Alice Lane, Sandown 2146, Republic of South Africa on 6 September 2012 at 12h00 to transact the business as stated in the annual general meeting notice forming part of the annual report.



Salient dates

*The record date on which shareholders of the company must be registered as such in the company's securities register in order to receive notice of the AGM is Friday 27 July 2012.

*The record date on which shareholders of the company must be registered as such in the company's securities register in order to attend and vote at the AGM is Friday, 31 August 2012 being the voting record date used to determine which shareholders are entitled to attend and vote at the AGM.

*The last day to trade in order to be entitled to vote at the AGM will therefore be Friday, 24 August 2012.

*Proxy forms must be lodged by no later than 12:00 on Tuesday, 4 September 2012. Any forms of proxy not lodged by this time must be handed to the chairman of the AGM immediately prior to the AGM.
18-Jul-2012
(Official Notice)
17-Jul-2012
(Official Notice)
Datatec (''the group'') announced that its subsidiary Westcon Group European Operations Ltd. (''Westcon'') acquired the Austrian value added security distributor Triple AcceSSS IT GmbH (''Triple AcceSSS'') along with its Swiss subsidiary (the ''transaction''). The consideration is not disclosed.



The transaction expands Westcon's security business footprint in Europe and given Triple AcceSSS' similar vendor portfolio, strengthens Westcon's relationships with security vendors such as Trend Micro, F5, Blue Coat and BlueCat as well as adding new vendors to Westcon's portfolio such as Lifesize.



Triple AcceSSS has a portfolio of solutions covering 20 vendors and has been operated by the current management team since being incorporated in 2006. Triple AcceSSS provides customers with a broad array of professional services including training, help desk, and third level support services. Triple AcceSSS is expected to report revenues in excess of EUR14 million for its financial year ended 30 June 2012.
13-Jul-2012
(Official Notice)
Datatec announced the issue of 22 133 ordinary R0.01 shares following the exercise of share appreciation rights by a participant in the Datatec Share Appreciation Rights Scheme. Application has been made to the JSE for the listing of these shares. Listing on both exchanges is expected to become effective on 18 July 2012. Following this listing, Datatec will have an issued share capital of 191 644 736 ordinary R0.01 shares of which 14 274 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
04-Jul-2012
(Official Notice)
Datatec announces the allotment of 23,635 ordinary R0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd. for the listing of these shares. Listing on both exchanges is expected to become effective on 5 July 2012.
02-Jul-2012
(Official Notice)
Datatec announced that its subsidiary Westcon Inc (Westcon) has agreed to acquire the Latin American and Iberian multinational security, virtualisation and data centre distributor Afina Group (Afina), through the acquisition of its Panamanian holding company GLS Software SA from Araguaya SA (the transaction).



The transaction, valued at up to EUR50 million, expands Westcons presence in Latin America, the Caribbean, Europe, and North Africa. It also broadens and deepens Westcons product portfolio, through the addition of new (or stronger) relationships with strategic vendors such as VMware, Riverbed, Symantec and Citrix.



The transaction will be settled by the payment of EUR30 million in cash funded from new loan finance and EUR10 million in Datatec shares. The remaining EUR10 million will be paid, in cash in two payments of up to EUR5m each in 2013 and 2014 subject to Afina meeting certain EBITDA performance conditions for each of the two years ending 31 December 2012 and 31 December 2013 as specified in the transaction agreement. The effective date of the transaction is 2 July 2012.



Datatec will host a conference call today to review the announcement and will also participate in a Q-A session. The call will begin at 10.30am SA time/9.30am UK time. Please dial 0800 200 648 (toll-free) or 011 535 3600 / 010 201 6616 A from South Africa and 0800 917 7042 from the UK. A playback facility will be available for seven working days following the announcement. For South Africa dial 011 305 2030 and for the UK dial 0808 234 6771 (playback code: 21493#).
29-May-2012
(Official Notice)
Datatec announced the allotment of 5 000 ordinary R0.01 shares following the exercise of share options. Application has been made to the JSE for the listing of these shares. Listing is expected to become effective on 30 May 2012. Following this listing, Datatec will have an issued share capital of 187 961 865 ordinary R 0.01 shares of which 173 704 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
22-May-2012
(Official Notice)
16-May-2012
(C)
Revenue increased to USD5 billion (USD4.3 billion). Gross profit rose to USD704.6 million (USD597.6 million) and operating profit improved to USD150.6 million (USD105 million). Net attributable profit almost doubled to USD80.8 million (USD41.9 million). In addition, headline earnings on a per share basis surged to USD43.1c (USD23.9cps).



Dividend

The group has declared and will distribute to shareholders a final capital reduction in lieu of a dividend out of share premium (a reduction of Contributed Tax Capital) of 75cps (approximately USD9cps), making a total capital distribution to shareholders for the financial year ended 29 February 2012 of approximately 131cps (USD16cps).



Outlook

Despite difficult economic conditions in certain markets in which the group operates, companies' balance sheets generally remain strong and technology spending continues to be healthy. Security, unified communications and data centre infrastructure continue to be the key drivers for growth in the industry. Although risks remain in Europe, the board expects a recovery in the US and strength in the rest of the world to support global growth.



Based on current trading conditions and prevailing exchange rates, the board expects revenues for the 2013 financial year of between USD5.5 billion and USD5.8 billion. The board expects underlying earnings per share to be approximately USD55c and both earnings per share and headline earnings per share to be approximately USD50c. Profit after tax is expected to be approximately USD104 million.
02-May-2012
(Official Notice)
Datatec, the international Information and Communications Technology (ICT) group, announces that its subsidiary Logicalis has agreed to acquire Corpnet, a Brisbane-based provider of IT solutions including data centre, cloud and managed services solutions, to the Queensland, Australia mid-sized and enterprise markets. The acquisition consideration comprises USD2.7 million on completion with an additional potential earn-out payment of USD0.6 million and is contingent upon approval by the seller's shareholders. Corpnet has annualised revenues of approximately USD20 million and has become one of the leading datacentre services and managed services providers in Queensland. Its service offerings, skill base and vendor accreditations will build upon Logicalis' existing datacentre and managed services expertise in Australia.
30-Apr-2012
(Official Notice)
Datatec announced the appointment of Rob Evans to the board on 1 May 2012. The appointment of Rob Evans as CFO-designate was announced on 18 January 2012. As was also detailed in that announcement, Ivan Dittrich will resign from the board on 1 June 2012 when Rob will officially succeed him as the CFO. Details of the appointment including Rob's experience within the Group were given in the announcement on 18 January 2012.
22-Mar-2012
(Official Notice)
On 16 February 2012 Datatec announced that its subsidiary Westcon had agreed to acquire the business of PT Netpoleon, an Indonesian value added distributor of IT security, networking and convergence solutions and provider of managed and training services. The total consideration was not disclosed but has been settled with USD1 million worth of Datatec shares and the remainder in cash. That transaction has now been completed and in compliance with the AIM Rules, Datatec announces the allotment of 172 544 ordinary R 0.01 shares as part of the consideration. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE for the listing of these shares. Listing on both exchanges is expected to become effective on 26 March 2012. Following this listing, Datatec will have an issued share capital of 187 056 723 ordinary R 0.01 shares of which 173 704 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
15-Mar-2012
(Official Notice)
Datatec published a year-end trading update for the financial year ended 29 February 2012. The group's profitability and earnings for the full year are expected to be in line with the original forecasts published during 2011 and confirmed in the interim management statement on 18 January 2012 ("IMS"). Since the group reported its IMS on 18 January 2012, conditions have remained challenging in North America and Europe. There have been signs of recovery emerging in the US, however the environment in the UK is still very weak. Latin America, in particular Brazil, had another period of exceptional performance.



For the financial year ending 29 February 2012, the group expects revenues of approximately USD5 billion (2011: USD4.3 billion), profit after tax of approximately USD84 million (2011: USD46 million), underlying earnings per share of approximately USD47 cents (2011: USD37.9 cents) and both earnings and headline earnings per share of approximately USD42 cents (2011: USD22.8 and USD23.9 cents respectively). The group expects to release its full year results for the financial year ending 29 February 2012 on or about Wednesday 16 May 2012.
05-Mar-2012
(Official Notice)
Datatec announced that following the completion of the transfer of the corporate broking business of RBS Hoare Govett Ltd. to Jefferies International Ltd., Jefferies International Ltd.'s corporate broking division will now be known as Jefferies Hoare Govett, a division of Jefferies International Ltd. Accordingly, the company's nominated adviser and joint corporate broker will be known as Jefferies Hoare Govett, a division of Jefferies International Ltd.
05-Mar-2012
(Official Notice)
Datatec announced the allotment of 356 400 ordinary R0.01 shares following the exercise of share options on or before 29 February 2012. Application has been made to the JSE for the listing of these shares. Listing is expected to become effective on 7 March 2012. Following this listing, Datatec will have an issued share capital of 186 884 179 ordinary R0.01 shares of which 173 704 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
27-Feb-2012
(Official Notice)
Datatec Ltd.announces the allotment of 9,500 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Limited for the listing of these shares. Listing on both exchanges is expected to become effective on 28 February 2012. Following this listing, Datatec will have an issued share capital of 186 527 779 ordinary ZAR0.01 shares of which 173 704 are Treasury Shares held by the Datatec Share Incentive Trust 2005.

16-Feb-2012
(Official Notice)
Datatec announced that its subsidiary Westcon has agreed to acquire the business of PT Netpoleon, ("Netpoleon"), an Indonesian value added distributor of IT security, networking and convergence solutions and provider of managed and training services. Prior to the acquisition, Netpoleon operated as a franchisee of Westcon Group in Singapore. The consideration is not disclosed and will be settled with USD1 million worth of Datatec shares and the remainder in cash.



This acquisition builds on Westcon's presence in Southeast Asia and gives Westcon its first significant presence in Indonesia, a large and fast growing market in the region. It will enable Westcon to address its vendors' regional requirements and the needs of its multi-national customers more fully.



Netpoleon has a portfolio of solutions that cover seven vendors and has been operated by the current management team since it started business in 2000. Netpoleon additionally provides customers with a broad array of services, ranging from managed services and maintenance, to implementation and training services. Netpoleon achieved unaudited revenues of USD11 million for the year ended 31 December 2011.
06-Dec-2011
(Official Notice)
Datatec announced the allotment of 26 162 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the JSE for the listing of these shares. Listing is expected to become effective on 7 December 2011. Following this listing, Datatec will have an issued share capital of 185,876,778 ordinary ZAR0.01 shares of which 255 477 are treasury shares held by the Datatec Share Incentive Trust 2005.
06-Dec-2011
(Official Notice)
Shareholders were advised that Datatec hosted a teach-in for investors and analysts in Cape Town, South Africa, on 6 December 2011. No new material information was provided during the day and copies of the presentations are available on the company's website - www.datatec.co.za.
21-Nov-2011
(Official Notice)
Datatec announced the allotment of 11 850 ordinary R0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 22 November 2011.
08-Nov-2011
(Official Notice)
Datatec announced that Westcon has agreed to acquire Sentronics SD (Pty) Ltd ("Sentronics"), a South African value added distributor of IT physical security and video solutions. The cash consideration is not disclosed. This acquisition continues Westcon South Africa's expansion of its solution portfolio. The addition of Sentronics' offering enables the division to better serve the growing demand for security solutions amongst its existing customers. Founded in 2004, Sentronics supplies a number of electronic security products including CCTV, access control, building management systems and integrated security solutions. Its portfolio includes Pelco, Sony, Flir and Vivotek and also their internally branded physical security solutions called Synergy. Sentronics has annualised revenues of over USD8 million and will form part of Westcon's South African Security operations.
17-Oct-2011
(Official Notice)
Datatec announced the allotment of 25 725 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the JSE Ltd for the listing of these shares. Listing on the JSE is expected to become effective on 19 October 2011.
12-Oct-2011
(C)
Group revenue increased by 14% to USD2.4 billion (USD2.1 billion). EBITDA was up by 46% to USD85.4 million (US58.5 million) and operating profit increased by 65% to USD66.2 million (USD40.1 million). Net attributable profit more than doubled to USD36.4 million (USD16.1 million). In addition, headline earnings surged to USD19.5cps (USD8.8cps).



Distribution

A maiden interim capital distribution of USD7cps has been declared in lieu of an ordinary dividend.



Outlook

The group is cautiously optimistic about its financial performance in the second half of the year, despite the current bout of poor economic data, sovereign indebtedness issues and still weak consumer markets. Innovations in technology, such as cloud services, are helping to drive growth in many ICT segments. The industry remains well underpinned by the continued growth of internet usage and the group is geographically well balanced.



On 11 May 2011 the group published a forecast for the 2012 financial year of revenues of between USD4.8 billion and USD5.1 billion, profit after tax of approximately USD84 million, underlying* earnings per share of approximately USD47c and both earnings per share and headline earnings per share of approximately USD42c. Based on current trading conditions and exchange rates, these earnings and profit forecasts remain unchanged and the Group now expects revenues of approximately USD5 billion for the 2012 financial year.
15-Sep-2011
(Official Notice)
Datatec is currently finalising its results for the six months ended 31 August 2011 ("the period"), which will be published on 12 October 2011. As a JSE listed company, Datatec is required to publish trading statements if the financial results for a given period are more than 20% higher than the results of the previous corresponding period. As described in more detail below, underlying* earnings per share, earnings per share and headline earnings per share for the period are expected to be more than 20% higher than the previous corresponding period of six months ended 31 August 2010 (the "comparative period").



Group revenues for the period are expected to be approximately USD2.4 billion, compared to approximately USD2.1 billion in the comparative period, with overall margin expansion. Underlying earnings per share for the period are expected to be between USD21 and USD22 cents per share, compared to USD15.8 cents per share for the comparative period, an increase of between 33% and 39%. Earnings per share and headline earnings per share are expected to be between USD19 and USD20 cents per share, compared to USD8.8 cents in the comparative period, an increase of between 116% and 127%.



Interim cash distribution by way of a capital reduction

The board has resolved to amend the group's dividend / capital distribution payment policy from making a single annual payment to making both interim and final distributions with immediate effect. The dividend cover policy of at least three times relative to underlying earnings per share will apply to both interim and final distributions. The first interim distribution will accordingly be declared for the period ended 31 August 2011 with the interim results announcement on 12 October 2011.
14-Sep-2011
(Official Notice)
At the annual general meeting of Datatec Limited (JSE and LSE: DTC), held at 14h30 today, 14 September 2011, votes were registered for 82% of the Company`s issued shares. All the ordinary and special resolutions, as proposed in the notice to the annual general meeting, were passed with the requisite majority, with more than 92% of votes in favour of each resolution.

05-Sep-2011
(Official Notice)
Datatec announced the allotment of 12 288 ordinary R0.01 shares following the exercise of share options on or before 31 August 2011. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 8 September 2011.
18-Aug-2011
(Official Notice)
On 11 August 2011, Datatec announced on SENS that its subsidiary Logicalis Group and its partner in Latin America, Promon SA ("Promon") had agreed some changes to the ownership structure of their subsidiary Promon Logicalis Latin America Ltd ("PLLAL"), the regional holding company which represents the business of Logicalis in Latin America ("the transaction"). In this regard, shareholders were further advised that BDO Corporate Finance (Pty) Ltd who was appointed and approved by the JSE as the independent professional expert to provide a fairness opinion, has confirmed that the transaction is fair and their fairness opinion is available for inspection at Datatec's registered office until 30 September 2011.
16-Aug-2011
(Official Notice)
In compliance with the AIM Rules, the following information is disclosed: Datatec Limited announces the allotment of 25 000 ordinary R 0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Limited for the listing of these shares. Listing on both exchanges is expected to become effective on 18 August 2011. Following this listing, Datatec will have an issued share capital of 185 779 628 ordinary R 0.01 shares of which 255 477 are Treasury Shares held by the Datatec Share Incentive Trust 2005.

15-Aug-2011
(Official Notice)
With regard to the audited results for the year ended 28 February 2011, shareholders are advised that the annual report containing the annual financial statements will be distributed to shareholders and published on Datatec's website (www.datatec.co.za or www.datatec-group.com) today, 15 August 2011 and contain no material modifications to the group audited results which were announced on 11 May 2011.



Notice is hereby given that the annual general meeting of Datatec shareholders will be held the Michelangelo Hotel, 135 West Street, Nelson Mandela Square, Sandown 2146, Republic of South Africa on 14 September 2011 at 14h30 to transact the business as stated in the annual general meeting notice forming part of the annual report.



Salient dates

The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to attend and vote at the annual general meeting is Monday, 12 September 2011 being the voting record date used to determine which shareholders are entitled to attend and vote at the annual general meeting. The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Monday, 5 September 2011. Proxy forms must be lodged by no later than 12:00 on Monday, 12 September 2011. Any forms of proxy not lodged by this time must be handed to the chairperson of the annual general meeting immediately prior to the annual general meeting.

11-Aug-2011
(Official Notice)
Datatec announced that its subsidiary Logicalis Group ("Logicalis") and its partner in Latin America, Promon SA ("Promon") have agreed changes to their ownership of Promon Logicalis Latin America Ltd ("PLLAL") that will result in Promon continuing as a long term partner of Datatec in Latin America.



Promon is a large privately held technology, engineering and investment group that was formed in 1960 and which has regional business interests. It has been an excellent partner for Logicalis and has assisted in the growth of PLLAL operations in multiple countries in Latin America since 2008. Promon currently owns 30% of PPLAL and has a put option on this interest to Logicalis. Promon has now purchased an additional 10% of PLLAL from Logicalis for $15 million in cash, increasing its share of the business to 40%. As a result Datatec's equity ownership of PLLAL through Logicalis will reduce to 60%, with effect from 31 August 2011. At the same time Promon has agreed to cancel its put option on its shareholding in PLLAL ("the transaction"). In accordance with IFRS, the fair value adjustments to this put option liability have been accounted for by Datatec through its income statement in previous reporting periods. This substantial charge (as the valuation of PLLAL increased annually) has been the major component of the negative difference between underlying earnings per share and headline earnings per share / earnings per share reported by Datatec. This charge to the income statement associated with this put option will now fall away. The effects are set out in the table below.



Small related party transaction per the listings requirements of the JSE

Promon is defined as a related party to Datatec due to its existing shareholding in PLLAL. Datatec has appointed BDO Corporate Finance (Pty) Ltd ("BDO"), as the independent professional expert to provide this fairness opinion. The fairness opinion is still subject to approval by the JSE and a further announcement will be made once JSE approval has been received. The transaction is conditional on receipt of this approval. The pro forma financial effects of the transaction calculated relative to the year ended 28 February 2011 are set out in the following table:

Before - after the transaction:

* Earnings per share: 22.8 - 29.8

* Headline earnings per share: 23.9 - 30.9

* Underlying earnings per share: 37.9 - 37.5

* NAV per share: 392 - 419.
05-Aug-2011
(Official Notice)
Datatec announced the allotment of 20 950 ordinary R0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 10 August 2011. Following this listing, Datatec will have an issued share capital of 185 754 628 ordinary R0,01 shares of which 255 477 are treasury shares held by the Datatec share incentive trust 2005.
03-Aug-2011
(Official Notice)
At the shareholders' meeting of Datatec, held at 14h00 on 3 August 2011, both the special resolutions and the ordinary resolution, as proposed in the notice to the shareholders' meeting, were passed with the requisite majority of votes. The resolutions give the directors of Datatec the authority to:

*provide financial assistance to group companies, being subsidiary and associate companies of the company, subject to the requirements of the Companies Act 71 of 2008 and with an overall limit of USD100 million; and

*pay fees to non-executive directors as recommended by the company's remuneration committee.
20-Jul-2011
(Official Notice)
Datatec published an IMS (interim management statement) covering the period from 1 March 2011 to 30 June 2011 ("the period").



The group's trading and profitability are continuing to improve. Revenues and operating profits in the period have improved in comparison with the four months ended 30 June 2010 ("the comparative period"). This is driven by the group's global diversification and broad business mix. Overall gross margins have improved and the group continues to benefit from operating leverage. Based on current exchange rates and trading conditions, the group's forecasts for the financial year ending 28 February 2012, remain unchanged. The forecasts, published on 11 May 2011, are for revenues of between USD4.8 billion and USD5.1 billion, profit after tax of approximately USD4 million, underlying earnings per share of approximately USD47 cents and earnings and headline earnings per share of approximately USD42 cents.



Interim results

The group expects to release its interim results for the six months ending 31 August 2011 on Wednesday 12 October 2011.
13-Jul-2011
(Official Notice)
Datatec subsidiary Westcon has agreed to acquire entrada Kommunikations GmbH ("entrada"), a German based, value added distributor of IT security products and provider of sales support and training services. The consideration is not disclosed and will be settled entirely in cash from Westcon's resources. The transaction is still be subject to cartel clearance.



This acquisition enhances Westcon's German presence and, with entrada's Swiss operations, allows Westcon to expand into a new geography to better service its pan-European customers' needs. Founded in 1996, entrada is the second-largest value added distributor of security products in Germany - with a portfolio of solutions that includes Trend Micro, McAfee, Juniper and Riverbed. Since its founding, entrada has grown to achieve annualised revenues of over EUR63 million. It will now form part of Westcon's European Security operations.
11-Jul-2011
(Official Notice)
In compliance with the AIM Rules, the following information is disclosed: Datatec Limited announces the allotment of 42 800 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Limited for the listing of these shares. Listing on both exchanges is expected to become effective on 13 July 2011. Following this listing, Datatec will have an issued share capital of 185,733,678 ordinary ZAR0.01 shares of which 255,477 are Treasury Shares held by the Datatec Share Incentive Trust 2005.

04-Jul-2011
(Official Notice)
Datatec announced that its subsidiary Logicalis has acquired the business and assets of Netarx LLC ("Netarx") a Cisco Gold partner and provider of managed services, data centre and collaborative IT solutions to customers in the mid-west USA. The maximum consideration of USD34 million will be paid in a combination of cash and deferred Datatec shares in order to align management shareholders who will be assuming key positions in the Logicalis US organisation.



Based in Detroit Michigan, Netarx has annualised revenues of approximately USD60 million and more than 220 employees. This acquisition builds upon Logicalis' existing strong mid-western presence by expanding its IT consulting and services business and enhancing Logicalis' Managed Services capabilities through the addition of Netarx's proven expertise in collaboration and data centre technologies. The acquisition also brings significant cross selling opportunities as there is little overlap between Logicalis' existing customer base and Netarx's offering in the Michigan area.
29-Jun-2011
(Official Notice)
Shareholders are referred to the announcement of a shareholders' meeting which was published on SENS on 10 June 2011 and in the press on 13 June 2011 (the "announcement"). The announcement set out details of a shareholder meeting of Datatec scheduled for 5 July 2011 at 14h00 at which the following resolutions were to be proposed:

* provide financial assistance to group companies, being subsidiary and associate companies of the company; and

* pay fees to non-executive directors as recommended by the company's remuneration committee.



Shareholders were advised that the date of the shareholder meeting has been amended to Wednesday 3 August 2011 at 14h00. The full resolutions, unchanged from the previous notice, are set out and explained in the revised notice which will be distributed to shareholders by Monday, 4 July 2011. The location of the shareholder meeting ("the meeting") has not changed; it will be held at the company's offices, Sandown Chambers, Sandown Village, 16 Maude Street, Sandown, Johannesburg, South Africa on 3 August 2011 at 14:00.



Record date

The record date on which shareholders of the company must be registered as such in the company's securities register in order to attend and vote at the meeting is Monday, 1 August 2011, being the voting record date set by the board of the company determining which shareholders are entitled to attend and vote at the meeting. The last day to trade in order to be entitled to vote at the meeting will therefore be Monday, 25 July 2011.
10-Jun-2011
(Official Notice)
Notice was given that a shareholders' meeting of Datatec will be held at the company's offices, Sandown Chambers, Sandown Village, 16 Maude Street, Sandown, Johannesburg, South Africa on 5 July 2011 at 14:00 for purposes of obtaining authority to:

*provide financial assistance to group companies, being subsidiary and associate companies of the company; and

*pay fees to non-executive directors as recommended by the company's remuneration committee.

Both of the above shareholder approvals being sought are in terms of the Companies Act No 71 of 2008, as amended, which took effect on 1 May 2011. The full resolutions are set out and explained in the meeting notice which will be distributed to shareholders on 10 June 2011.
11-May-2011
(C)
Revenue increased from USD3.7 billion to USD4.3 billion in 2011.Gross profit grew to USD597.6 million (2010:USD498.4 million), while operating profit increased to USD105 million (2010:USD76 million). Profit attributable to ordinary shareholders increased to USD41.9 million (2010: USD30 million). Headline earnings on a per share basis increased to USD23.9 cps (2010: USD17cps).



Dividend

The group will distribute to shareholders a capital reduction in lieu of a dividend out of share premium, RSA 88cents per share (approximately USD13 cents per share) for the year ended 28 February 2011



Current trading and prospects

The board expects trading and profitability across all divisions to improve, as global growth is becoming more aligned across geographies. In particular, the US economy continues to improve. The European move by regulators to grade internet traffic and charge for content is expected to boost the networking industry. Key trends and industry growth drivers are wireless broadband across 4G/LTE networks, increasing demands for network security and the adoption of private cloud computing services. Based on current trading conditions and prevailing exchange rates, the board expects revenues for the 2012 financial year of between USD4,8 billion and USD5,1 billion, with further operating margin expansion. The board expects underlying* earnings per share to be approximately 47 US cents and both earnings per share** and headline earnings per share** to be approximately 42 US cents. Profit after tax** is expected to be approximately USD84 million. The financial information on which this forecast is based has not been reviewed and reported on by Datatec's external auditors.
09-May-2011
(Official Notice)
Underlying earnings per share, which are unaffected by any fair value movements on put/call options for minority shareholders, are expected to be higher at approximately 38 US cents per share, compared to previous guidance of approximately 37 US cents per share (2010: 30.3 US cents per share). On 10 March 2011 Datatec announced that earnings per share and headline earnings per share for the year ended 28 February 2011 were expected to be approximately 32 US cents and that profit after tax was expected to be approximately USD61 million. It was also announced that these estimates did not factor in any fair value movements on put / call options for minority shareholders in subsidiaries. An increase in the fair value of put option liabilities has resulted in unrealised fair value losses of USD14.7 million (2010: USD12.0 million). This is as a consequence of the increased equity valuation of the underlying subsidiaries. As a result the Board now expects earnings per share and headline earnings per share to be approximately 23 US cents per share (2010: 17 US cents per share) and profit after tax to be approximately USD46 million (2010: USD32 million). There are no cash implications for this technical change in earnings guidance. Had the fair value loss not been incurred, there would have been no change to the previous guidance for earnings per share, headline earnings per share and profit after tax. The group expects to release its preliminary results for the year ended 28 February 2011 on Wednesday 11 May 2011.
17-Mar-2011
(Official Notice)
Datatec Ltd, the international Information and Communications Technology (ICT) group, announces that its subsidiary Logicalis has agreed to acquire Inca Software Ltd ("Inca") from its parent company, Avisen Plc (AIM: AVI), for a total equity value consideration of GBP7.3 million.



Inca is the largest and most successful IBM Cognos partner in the UK. It provides customers with the full suite of IBM business analytics products and has implemented solutions for over 400 companies across all industry sectors. The acquisition creates one of the first UK systems integrators capable of delivering the full suite of next generation business transformation tools; analytics, collaboration and cloud computing.



Logicalis will pay a maximum of GBP7.3 million in cash (GBP6.0 million on completion and GBP1.3 million one year later) and assume GBP0.7 million of debt. Inca`s interim results for the six months ended 31 July 2010 disclosed unaudited revenues of GBP4.3 million.



10-Mar-2011
(Official Notice)
Datatec, the international Information and Communications Technology (ICT) group, is publishing a year-end trading update for the financial year ended 28 February 2011. The group's profitability and earnings are now expected to be better than set out in the Interim Management Statement on 13 January 2011. The board expects revenues of approximately USD4.3 billion, profit after tax of approximately USD61 million, underlying earnings per share of approximately 37 US cents and both earnings and headline earnings per share of approximately 32 US cents.



The group expects to pay a dividend/capital distribution in line with its policy, which is to have cover of at least three times, relative to underlying earnings. As anticipated, the group's year end net debt/cash position has improved since the end of the first half of the financial year. The group expects to release its preliminary results for the year ended 28 February 2011 on Wednesday 11 May 2011. The financial information on which this statement is based has not been reviewed and reported on by Datatec's external auditors.
04-Mar-2011
(Official Notice)
Datatec Ltd announced the allotment of 48 070 ordinary ZAR0.01 shares following the exercise of share options on or before 28 February 2011. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 9 March 2011. Following this listing, Datatec will have an issued share capital of 185 639 628 ordinary ZAR0.01 shares of which 608 772 are Treasury Shares held by the Datatec Share Incentive Trust 2005.
14-Feb-2011
(Official Notice)
Datatec announced the allotment of 52 558 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 15 February 2011. Following this listing, Datatec will have an issued share capital of 185 591 558 ordinary ZAR0.01 shares of which 608 772 are treasury shares held by the Datatec Share Incentive Trust 2005.
27-Jan-2011
(Official Notice)
Datatec announced the allotment of 7 600 ordinary R0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 26 January 2011. Following this listing, Datatec will have an issued share capital of 185 539 000 ordinary ZAR0.01 shares of which 608 772 are treasury shares held by the Datatec Ltd Share Incentive Trust 2005.
24-Jan-2011
(Official Notice)
Datatec Limited,the international Information and Communications Technology group, announces that its subsidiary Logicalis Group Limited ("Logicalis") has agreed to acquire Direct Visual Limited ("Direct Visual"), a Tandberg (now part of Cisco) Platinum Partner based in the UK, for a cash consideration.



Direct Visual is one of the UK's leading independent suppliers of video communications with a strong audio-visual and managed service offering. It has annual revenues of approximately USD15million. The full terms of the consideration have not been disclosed. The business will be integrated into Logicalis' Unified Communications and Collaboration (UCC) operation to strengthen its video offering.
13 Jan 2011 09:04:15
(Official Notice)
13 Dec 2010 09:01:40
(Official Notice)
Datatec announced two further investments in its consulting services division, with the allotment of 174 912 ordinary ZAR0.01 shares at an issue price of R34.14 as consideration. The investments are:

* The acquisition of a 30% equity stake in Cornwall Energy Associates Ltd, a UK-based research and consulting business focusing on the areas of electricity generation and distribution, including renewable energy, and smart grids (intelligent networked distribution). This investment will provide the group with insight and early access to an industry which could be fundamentally transformed by advances in technology.

* The acquisition of 11 215 further shares in Analysys Mason Ltd ("AML") (being 0.56% of the equity of AML) from a management shareholder. After this transaction Datatec's interest in AML will be 92.1%.



Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on or about 14 December 2010.
01 Dec 2010 09:03:22
(Official Notice)
30 Nov 2010 17:24:16
(Official Notice)
19 Nov 2010 13:20:54
(Official Notice)
In compliance with the AIM Rules, the following information is disclosed: Datatec Limited announces the allotment of 7 750 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Limited for the listing of these shares. Listing on both exchanges is expected to become effective on 23 November 2010.

29 Oct 2010 12:03:30
(Official Notice)
Datatec announced the allotment of 6 312 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 2 November 2010.
18 Oct 2010 11:02:20
(Official Notice)
Datatec announced that its offer for Comztek Holdings (Pty) Ltd ("Comztek"), has lapsed. Following the statement on Friday 15 October 2010 by Mustek Ltd (JSE: MST, "Mustek"), the owner of 41.84% of Comztek, that Mustek has rejected the increased offer announced by Datatec on 12 October 2010, Datatec will not pursue this matter further.
14 Oct 2010 08:42:57
(Media Comment)
Business Report cited that global technology company Datatec still has an appetite for acquisitions as the company said it would seek more opportunities for consolidation in emerging markets. Ivan Dittrich, Datatec's chief financial officer said the company had historically pursued fast growing markets, such as Latin America, Asia Pacific and China, and would continue to seek growth in the areas, particularly in Brazil. Dittrich dismissed suggestions that Datatec was a takeover target, and indicated that all companies get approached from time to time, and added that business was being run as usual. Datatec's geographic diversity, global reach and improving business mix continues to provide a resilient business model.
13 Oct 2010 08:37:29
(C)
Group revenue for the interim period to 31 August 2010 improved to USD2.1 billion (USD1.8 billion), gross profit grew to USD282 million (USD235.4 million). Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to USD58.5 million (USD44.6 million), while profit attributable to ordinary equity holders of the company escalated to USD16.1 million (USD8.5 million). Furthermore, headline earnings on a per share basis increased considerably to 8.8cps (4.9cps).



Dividend

No dividend was declared for the period under review.



Prospects

The improvement in trading and profitability reported at the full year results has continued in all of the Group's divisions during the first half of the current financial year. Conditions appear to be more stable in most major markets, albeit that the recovery remains staggered and fragile in some sectors. The board expects profitability and margin expansion across all divisions to improve over the rest of the year, as the Group continues to benefit from improved financial and operational leverage. On the assumption that there are no significant macro-economic changes, the board remains cautiously optimistic for the rest of the year, in line with previously published forecasts. The Group is well positioned to take advantage of advances in ICT in sectors adjacent to networking, such as data centre virtualisation and shared computer infrastructure ("cloud services"), which are driving demand for increased network security, storage and virtualisation solutions. The Group also expects to continue making further investments to improve its competitive position and believes the current environment presents a window of opportunity for attractive consolidation opportunities.
12 Oct 2010 17:02:52
(Official Notice)
Datatec announced on 2 September 2010 that it had made a conditional offer to acquire 100% of the share capital of Comztek Holdings (Pty) Ltd ("Comztek"), a South African registered company, for a total consideration of R97 million. 41.84% of Comztek is owned by Mustek Ltd ("Mustek"). Datatec has satisfactorily completed the due diligence process in relation to this conditional offer and has increased its offer to R101 million. The consideration will be settled partly in cash and partly by the issue of Datatec and/or subsidiary shares. The offer is now subject only to contract, governmental, regulatory and commercial approvals and is conditional upon Mustek continuing to provide support to Comztek in the form of parent company guarantees, consistent with past practice, until the completion of the transaction. The offer remains open until Monday 18 October 2010.
07 Oct 2010 08:02:21
(Official Notice)
Datatec announced that its subsidiary Westcon Group, Inc ("Westcon") has agreed to acquire the outstanding 2.6% interest in its own share capital which is not already owned by Datatec for a consideration of USD14.252 million. As a result of this agreement (the "transaction") Datatec will hold 100% of the equity and voting rights in Westcon.



The transaction



Business and structure

Westcon is the holding company of Westcon Group, a global distributor of ICT equipment which is Datatec's largest subsidiary. Prior to the transaction, the equity of Westcon was owned 97.4% by Datatec and 2.6% by Routine Capital Corporation ("Routine Capital"). The transaction has been effected by a stock purchase agreement signed on 6 October 2010 under the terms of which the Westcon shares held by Routine Capital will be repurchased and then cancelled by Westcon.



Consideration

The consideration for the transaction is USD14.252 million made up of USD2.375 million in cash and a loan note for USD11.877 million bearing interest at 4% per annum and repayable in five equal annual instalments starting on 30 September 2011. The consideration was arrived at by using an independent external valuation for 100% of the shares in Westcon as at 28 February 2010, and then applying a 23% discount for lack of control, and a further 20% discount for lack of marketability in the subsidiary.



Conditions precedent

The implementation of the transaction is not subject to any conditions precedent and is accordingly immediately effective.



Small related party transaction

The owner of Routine Capital is a director of Westcon and is therefore a related party to Datatec. The Listings Requirements of the JSE Ltd ("JSE") require written confirmation from an independent professional expert confirming that the transaction is fair to Datatec's shareholders. BDO Corporate Finance (Pty) Ltd, as the independent professional expert acceptable to the JSE, has confirmed that the transaction is fair and their fairness opinion is available for inspection at Datatec's registered office until 5 November 2010.
30 Sep 2010 08:03:47
(Official Notice)
20 Sep 2010 17:55:08
(Official Notice)
Datatec announced that its subsidiary Logicalis Group has acquired the business of Touchbase Singapore from Touchbase Group. Touchbase Singapore is a unified communications (UC) solutions provider focusing on the areas of UC and customer contact centres for enterprise and multinational corporations.



Touchbase Singapore has become one of the strongest Cisco UC and contact centre partners in Asia. It has annual revenues of approximately USD8 million. The business will be integrated into Logicalis' Singapore operation, NetstarLogicalis, with immediate effect to further build Logicalis' presence in the Asia Pacific region. The terms of the consideration have not been disclosed.
17 Sep 2010 08:03:27
(Official Notice)
Datatec Ltd ("Datatec" or the "Group", JSE/AIM: DTC), the international information and communications technology (ICT) group, has agreed to acquire Biodata IT SA (Pty) Ltd ("Biodata"), a South African registered and privately owned niche security product distributor based in Johannesburg. Biodata's annual revenues are approximately R30 million. The acquisition will be integrated into Westcon SA, Datatec's South African networking, convergence, security and mobility distribution business. Biodata's strong vendor suite and established presence in the local market adds significantly to Westcon SA's existing security portfolio. The terms of the consideration have not been disclosed.
08 Sep 2010 17:02:27
(Official Notice)
Datatec Limited announces the allotment of 37 350 ordinary ZAR0.01 shares following the exercise of share options on or before 31 August 2010. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Limited for the listing of these shares. Listing on both exchanges is expected to become effective on 13 September 2010.
02 Sep 2010 16:49:44
(Official Notice)
Datatec has made a conditional offer to acquire 100% of the share capital of Comztek Holdings (Pty) Ltd ("Comztek"), a South African registered company, for a total consideration of R97 million. The consideration will be settled partly by cash and partly by the issue of Datatec and/or subsidiary shares. Comztek is a South African based distributor of networking, security and other hardware and software products that are highly complementary to the activities of the Westcon Distribution business of Datatec in South Africa. In addition, Comztek has operations in the rest of Africa that, when combined with Westcon's pan-African footprint, could lead to the creation of a strategically significant player across many African markets.



To date, management and all shareholders except for Mustek Ltd "Mustek") have indicated their support for the transaction. Mustek holds 41.84% of the share capital of Comztek. Datatec has extended the acceptance date for the offer to 30 September 2010. The offer is conditional upon the satisfactory completion of due diligence and of various regulatory approval processes required for a transaction of this nature.
01 Sep 2010 12:02:50
(Official Notice)
Datatec Ltd has appointed Ms Olufunke ("Funke") Ighodaro as a non-executive director to the board of Datatec with immediate effect.
13 Aug 2010 16:01:13
(Official Notice)
Datatec Ltd announced the allotment of 4 400 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the alternative investment market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 18 August 2010.
11 Aug 2010 16:01:39
(Official Notice)
At the annual general meeting of Datatec held at 12h00 on 11 August 2010, all the ordinary and special resolutions, as proposed in the notice to the annual general meeting, were passed with the requisite majority of votes.
20 Jul 2010 12:02:12
(Official Notice)
With regard to the audited results for the year ended 28 February 2010, shareholders were advised that the annual financial statements will be distributed to shareholders and published on Datatec's website (www.datatec.co.za or www.datatec-group.com) on 20 July 2010 and contain no material modifications to the group audited results which were announced on 13 May 2010. Notice was also given that the annual general meeting of Datatec shareholders will be held at the Sandton Sun Hotel, Cnr. 5th Street and Alice Lane, Sandton, Johannesburg, South Africa on 11 August 2010 at 12:00 to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
15 Jul 2010 08:17:59
(Official Notice)
06 Jul 2010 12:04:14
(Official Notice)
Datatec announced the allotment of 9 000 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 7 July 2010.
29 Jun 2010 13:02:00
(Official Notice)
Datatec Ltd announced the allotment of 1 834 090 ordinary ZAR0.01 shares at a price of R32.6385 by means of a vendor consideration placing to fund the final profit related payment of USD7.88 million for the Promon-Logicalis transaction announced on 17 March 2008. Application has been made for the admission of these shares to the JSE Ltd. Listing on the exchange is expected to become effective on 30 June 2010. After the allotment of these shares, Datatec Ltd will have 184 558 692 ordinary ZAR0.01 shares in issue of which 815 463 are treasury shares. The figure of 183 743 229 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Datatec Ltd.



Change of joint broker name

Datatec Ltd advised that, with effect from 30 April 2010, its joint broker has changed its name to finnCap Ltd.
18 Jun 2010 15:12:47
(Official Notice)
Datatec announces the allotment of 7 200 ordinary R0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE for the listing of these shares. Listing on both exchanges is expected to become effective on 24 June 2010.
08 Jun 2010 11:03:49
(Official Notice)
Datatec Ltd announced the allotment of 11 000 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 9 June 2010.
13-May-2010
(C)
Revenue decreased from USD4 191million to USD3 738 million in 2010.Gross profit declined to USD498 376 million (2009:USD563 836 million) and operating profit decreased to USD75 966 million (2009:USD84 811 million). Profit attributable to ordinary shareholders decreased to USD29 974 million (2009: USD58 696million). Headline earnings on a per share basis decreased to 17 US cps (2009:36.3 US cps).



Dividends per share

The group will distribute to shareholders out of share premium, in lieu of a dividend, 94cps (approximately 12 US cps) for the year ended 28 February 2010.



Prospects

The board's focus during the last financial year was to ensure that the group's performance was sound and predictable with management taking a very prudent approach. This also resulted in significant cash generation. Although the group remains cautious about trading conditions for the current financial year, the board expects profitability across all divisions to improve, as the business continues to benefit from improved operational gearing.



The main divisions are well positioned to take advantage of advances in ICT in sectors adjacent to networking, such as data centre virtualisation and shared computer infrastructure (often referred to as cloud computing), fourth generation (LTM) wireless networking and increased networking security. The group also expects to continue making further investments to support its business structure and management to respond to any acceleration in growth, it also believes the current environment presents a good opportunity to recruit excellent people and ensure all the group's businesses have the best foundations for future scalability.



Based on current trading conditions and prevailing exchange rates, the Board expects revenues for the 2011 financial year to be between US4,1 and US4,4 billion, with some margin expansion. The Board expects underlying earnings per share to be approximately 35 US cents and both earnings per share** and headline earnings per share** to be approximately 30 US cents. Profit after tax** is expected to be approximately US58 million. The financial information on which this forecast is based has not been reviewed and reported on by Datatec's auditors.
05 May 2010 08:08:47
(Official Notice)
Datatec, the international Information and Communications Technology group, is publishing a final year end earnings update for the financial year ended 28 February 2010, reflecting the fair value movements on put/call options for minority shareholders in subsidiaries.



Underlying earnings per share are unaffected by any fair value movements on put/call options for minority shareholders and are now expected to be slightly up at approximately 30 USD cps, compared to previous guidance of approximately 29 USD cps. On 11 March 2010 shareholders were advised that earnings per share and headline earnings per share for the year ended 28 February 2010 were expected to be approximately 23 USD cps and that profit after tax for the year ended 28 February 2010 was expected to be approximately USD44 million. Shareholders were also advised that these estimates did not factor in any fair value movements on put / call options for minority shareholders in subsidiaries. An increase in the fair value of put option liabilities has resulted in unrealised fair value losses of USD12 million for the period (2009: unrealised gains of USD16.8 million).



As a result the board now expects earnings per share and headline earnings per share to be approximately 17 USD cps and profit after tax to be approximately USD32 million. There are no cash implications for this technical change in earnings guidance. Had the fair value loss not been incurred, there would have been no change to the previous guidance for earnings per share, headline earnings per share and profit after tax. The group expects to release its preliminary results for the year ended 28 February 2010 on Thursday 13 May 2010.
23 Apr 2010 09:15:01
(Official Notice)
Datatec Limited announces the allotment of 131,774 ordinary ZAR0.01 shares as consideration for the acquisition of further shares in Analysys Mason Ltd from a management shareholder and as settlement of part of the deferred consideration payable in respect of the acquisition by Analysys Mason of Redbox Consulting Limited. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Limited for the listing of these shares. Listing on both exchanges is expected to become effective on 26 April 2010.
09 Apr 2010 08:06:14
(Official Notice)
Datatec, the international Information and communications technology group, announces the acquisition of BDA Connect (Pvt) Ltd, a small management consultancy business with 15 employees based in New Delhi. The acquisition provides Datatec's management consultancy subsidiary, Analysys Mason, with a platform to develop its consulting business in India and to support its existing operations in Singapore and Dubai. Furthermore, BDA India's research capabilities will enable Analysys Mason to deliver global research coverage to its clients.
23 Mar 2010 17:07:25
(Official Notice)
Datatec Ltd the international Information and Communications Technology (ICT) group announced the appointment, with immediate effect, of JM Finn Capital Markets Ltd as its Joint broker in the United Kingdom.
04 Mar 2010 13:03:00
(Official Notice)
Datatec Ltd announced the allotment of 235,200 ordinary ZAR0.01 shares following the exercise of share options prior to 28 February 2010. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 9 March 2010.
15 Feb 2010 11:03:31
(Official Notice)
Datatec announced the allotment of 213 650 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 16 February 2010.
29 Jan 2010 09:06:57
(Official Notice)
Datatec Ltd announced the allotment of 313,450 ordinary ZAR0.01 shares as consideration for the acquisition of an increased interest in certain of the African subsidiaries of its Westcon Emerging Markets Group, increasing its effective shareholding from 51% to 67%. Application has been made to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 1 February 2010.
18 Jan 2010 09:04:29
(Official Notice)
Datatec announced that the acquisition of NetStar Group Holding Ltd ("NetStar"), announced on 8 December, completed on 15 January 2010. The consideration for the acquisition of NetStar will be settled by the allotment of 5 454 080 new ordinary ZAR0.01 shares as approved by shareholders at the general meeting held on 23 December 2009. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 21 January 2010.
14 Jan 2010 09:09:10
(Official Notice)
08 Jan 2010 15:09:02
(Official Notice)
Datatec Ltd announced the allotment of 18,200 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 13 January 2010.
23 Dec 2009 15:18:14
(Official Notice)
At the general meeting of Datatec Ltd ("Datatec")JSE and LSE: DTC), both the ordinary resolutions, as proposed in the notice to the general meeting, were passed by a 95.9% majority. The resolutions give the directors of Datatec the authority to issue new Datatec shares to the value of USD19 800 000 as consideration for the acquisition of NetStar Group Holding Ltd ("NetStar") which was announced on 8 December 2009.



The unaudited consolidated results of the NetStar operations included in the circular are based on audited subsidiary accounts, and the delivery of audited consolidated accounts is a condition precedent to the transaction completing. Datatec management is comfortable with the NetStar forecasts for its financial year ended 30 June 2010, which are based in part on actual financial performance to date. In addition, a profit warranty for this period forms part of the transaction.
18 Dec 2009 15:16:25
(Official Notice)
Datatec Ltd announced the allotment of 22,050 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 22 December 2009.
08 Dec 2009 10:04:36
(Official Notice)
Notice is hereby given that a general meeting of Datatec shareholders will be held at the company's offices, Sandton Chambers, Sandton Village, 16 Maude Street, Sandton, Johannesburg, South Africa on 23 December 2009 at 10:00 for purposes of obtaining authority to issue USD19.8 million worth of new Datatec shares as consideration for the acquisition of NetStar group, as announced earlier today and explained in the general meeting notice which will be distributed to shareholders today.
08 Dec 2009 09:29:09
(Official Notice)
Datatec, the international information and communications technology (ICT) group, has agreed to acquire The NetStar Group Holding Ltd ("NetStar"), a leading regional Asia-Pacific Cisco focused network integrator with operations in Australia, Singapore, Taiwan, Malaysia, Hong Kong, and mainland China, for USD19.8 million in new Datatec shares. NetStar will become part of the Logicalis group, Datatec's ICT infrastructure solutions and service business.



Acquisition highlights

*NetStar is one of the most established independent providers of network integration and managed services across the Asia-Pacific region.

*NetStar has a high quality customer base across a wide variety of verticals including the government, telecommunications, hospitality and finance verticals. Its network of offices, combined with its primary network operations centre in Malaysia, allow it to support the needs of multi-national corporations.



In one transaction, the acquisition provides Logicalis with:

*A pan Asia-Pacific platform to develop its business by further acquisitions in the region and to roll-out new services in some of the world's most dynamic economies and markets.

*The ability to meet the growing requirement from many multinational customers to provide them with coverage across the region.

*A presence in mainland China, the most significant developing market in the world.

*The acquisition is expected to be earnings and margin enhancing for Datatec from the outset.

20 Nov 2009 15:48:43
(Official Notice)
Datatec announced the allotment of 20,200 ordinary R0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 25 November 2009.
10 Nov 2009 10:25:09
(Official Notice)
Datatec Ltd announced the allotment of 33,570 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares.
26 Oct 2009 17:02:01
(Official Notice)
Datatec Ltd announced the allotment of 5.700 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the alternative investment market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 28 October 2009.
15 Oct 2009 09:02:18
(Media Comment)
Datatec was reviewing a number of significant and strategic initiatives in China and parts of Asia following its successful expansion in Brazil and India, the global technology company said yesterday. Bloomberg reported that the company said it might make an announcement on acquisitions and joint ventures in China and other parts of Asia within three to six months, citing chief executive Jens Montanana. Montanana said Datatec was in the "advanced stages" of "locking down" acquisitions.

14 Oct 2009 09:12:05
(C)
Revenue decreased from R2.3 billion to R1.8 billion in 2009. Gross profit decreased to R235.4 million (2008:R303.4 million) and operating profit decreased to R28.7 million (2008:R54.2 million). Profit attributable to ordinary shareholders decreased to R8.5 million (R30.4 million). Headline earnings on a per share basis decreased to 4.90cps (17.60cps).



Dividends per share

No interim dividend was declared for the period under review.



Prospects

Trading in the first half of FY10 has been largely in line with the latter part of FY09. The group has seen some early signs of improvement in the macro- economic conditions in most regions in which it operates. A recovery is now anticipated in the US and Europe whilst South America, Middle East and Asia have remained robust. Business conditions have become more predictable, particularly since the second quarter. The board is confident of a return to revenue growth in all divisions in the second half of the year.



The group is evaluating a number of potential strategic corporate developments in China and parts of Asia. In keeping with the group's recent successful advances in Brazil and India, Datatec believes that there are opportunities to grow further in developing markets, especially China and parts of Asia, representing key strategic markets for its operations. On 14 May 2009 the group published a forecast for FY10 of revenues of between USD3,7 billion and USD4 billion, profit after tax of approximately USD44 million, underlying earnings per share of approximately 29 US cents and earnings and headline earnings per share of approximately 23 US cents. Based on current trading conditions, these forecasts remain unchanged.



02 Oct 2009 16:11:06
(Official Notice)
At the general meeting of the shareholders of Datatec, held at 14:00 on 2 October 2009, both the ordinary resolutions proposed at the meeting were passed by the requisite majority of votes. The resolutions authorise the directors of Datatec to issue up to 7 000 000 of the company's shares as they deem fit, other than as an issue for cash. This authority is valid until the next annual general meeting of the company.
01 Oct 2009 10:49:48
(Official Notice)
Datatec announced the acquisition of Datastor (NZ) Ltd ("Datastor"), a New Zealand ICT distribution business. The acquisition provides Datatec's subsidiary Westcon Group with the opportunity to add an additional operation in New Zealand to help consolidate its existing business and create a market leading position that is complementary to Westcon Group's Asia Pacific distribution business. The cash consideration has been funded from Westcon Group's resources.



Datastor is a value-added distributor focusing on technology enablement and distribution of storage and virtualisation products, solutions and services. Datastor has alliances with more than 20 global technology vendors including VMware, EMC, Seagate, APC, IBM and Juniper. The investment will also provide Westcon Group with a platform to extend existing global and regional vendor relationships through an increased customer footprint and market presence. For the year ending 31 March 2010 Datastor has budgeted revenues of NZD96 million (approximately USD69 million).
30 Sep 2009 09:49:56
(Official Notice)
Datatec is currently finalising its results for the six months ended 31 August 2009, which are expected to be published on SENS on 14 October 2009. On 14 May 2009 the group published a profit forecast for the full 2010 financial year of revenues of between USD3.7 billion and USD4 billion, underlying earnings per share of approximately USD29c and earnings and headline earnings per share of approximately USD23c. This forecast remains unchanged. Datatec advises that revenues of approximately USD1.8 billion were generated during the period, with gross margins remaining stable. The strong cash generation experienced during the previous financial year has continued during the period.
14 Sep 2009 09:16:47
(Official Notice)
A general meeting of Datatec shareholders will be held at the company's offices, Sandown Chambers, Sandown Village, 16 Maude Street, Sandton, Johannesburg, South Africa on 2 October 2009 at 14:00 for purposes of obtaining a general authority to place seven million of the authorised but unissued shares (being equivalent to 3.97% of the current issued share capital) under the control of the directors, as stated and explained in the general meeting notice which will be distributed to shareholders.
04 Sep 2009 11:09:45
(Official Notice)
Datatec announced the allotment of 21 100 ordinary R0.01 shares following the exercise of share options on or before 31 August 2009. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 8 September 2009.
17 Aug 2009 11:33:57
(Official Notice)
Datatec announced the allotment of 98 750 ordinary R0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 18 August 2009.
12 Aug 2009 15:06:35
(Official Notice)
At the annual general meeting of Datatec Ltd held on 12 August 2009, all the ordinary and special resolutions, as proposed in the notice to the annual general meeting, were passed, other than ordinary resolution number 8 - placing unissued shares under the control of the directors (limited to 5% of the issued share capital) - which was withdrawn prior to the meeting. The special resolution will be lodged for registration with the Companies and Intellectual Properties Registration Office in due course.
07 Aug 2009 15:40:03
(Official Notice)
Datatec Ltd announced the allotment of 154 630 ordinary ZAR0.01 shares as consideration for the acquisition of further shares in Analysys Mason Ltd from a management shareholder. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 12 August 2009.
24 Jul 2009 12:08:53
(Official Notice)
Datatec announced the allotment of 11 950 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 28 July 2009.
13 Jul 2009 13:35:09
(Official Notice)
With regard to the audited results for the year ended 28 February 2009, shareholders are advised that the annual financial statements will be distributed to shareholders and published on Datatec's website on 13 July 2009 and contain no material modifications to the group audited results which were announced on 14 May 2009.



The annual general meeting of Datatec shareholders will be held at the Sandton Sun Hotel, Cnr 5th Street and Alice Lane, Sandton, Johannesburg, South Africa on 12 August 2009 at 11:00 to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
13 Jul 2009 08:06:26
(Official Notice)
10 Jul 2009 13:40:52
(Official Notice)
Datatec announces the allotment of 3 000 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 14 July 2009.
24 Jun 2009 11:02:32
(Official Notice)
Datatec announced that Dean Douglas, President and CEO of Westcon, a division of Datatec, and other members of the group's management team will be meeting with analysts and investors in South Africa during the course of this week. The purpose of these briefings is to provide a business overview of Westcon Group. No new material information will be disclosed and a copy of the presentation will be available on the group's website - www.datatec.co.za Datatec will announce its interim management statement covering the period from 1 March 2009 to 30 June 2009 during the week commencing 13 July 2009.
08 Jun 2009 11:01:57
(Official Notice)
Datatec announces the allotment of 8 200 ordinary R0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 9 June 2009.
14 May 2009 09:38:49
(C)
Revenue increased from R4 007 million to R4 191 million in 2009.Gross profit rose to R563 836 million (2008:R547 130 million) and operating profit decreased to R84 811 million (2008:R123 469 million). Profit attributable to ordinary shareholders decreased to R60 019 million (R80 036 million). Headline earnings on a per share basis decreased to 36.30cps (45.60cps).



Dividends per share

The group will distribute to shareholders out of share premium, in lieu of a dividend, 102 cps (approximately 12 US cps) for the year ended 28 February 2009.



Prospects

What started as a concentrated crisis in credit markets and financial services has now become a full blown economic crisis with a global impact. Trading so far in the 2010 financial year has been consistent with the latter part of the 2009 financial year and despite the economic slow down, trading has not deteriorated further and the group's performance remains stable. Even in these tough market conditions the board believes that the group's divisional structure, multiple lines of business and geographic diversification will enable it to deliver a relatively resilient performance.



Datatec has not seen further deterioration, but rather business conditions remaining soft. The board is adopting a cautious approach, making the assumption that all major developed markets will shrink this year. Datatec's biggest areas of focus remain cash generation and conservative balance sheet management. The group remains vigilant to its cost base and has continued to reduce costs in the first half of the current financial year in order to improve operating efficiencies.



Based on current trading conditions, the board expects revenues for the 2010 financial year to be between USD3.7 and USD4 billion, with margins consistent with the current year. The Board expects underlying earnings per share to be approximately 29 US cents and both earnings per share and headline earnings per share to be approximately 23 US cents. Profit after tax is expected to be approximately USD44 million.
05 May 2009 10:44:26
(Official Notice)
On 12 March 2009 shareholders were advised that earnings per share and headline earnings per share for the year ended 28 February 2009 were expected to be between 25 and 29 US cents. The board now expects earnings per share to move up to approximately 34 US cents per share and headline earnings per share to move up to approximately 36 US cents per share. There are no cash implications for this technical change in earnings guidance. The group expects to release its preliminary results for the year ended 28 February 2009 on SENS on Thursday 14 May 2009.
28 Apr 2009 08:44:05
(Official Notice)
Datatec has decided to divest its shareholding in African Legend Indigo (Pty) Ltd a major partner of Sun Microsystems in South Africa. As a result of this decision Datatec has increased its ownership in Westcon SA (Pty) Ltd from 55% to 74.9% through the disposal of its 55% stake in ALI and the issue of 275 578 new Datatec shares.



Conditions Precedent and listing

The implementation of the transaction is not subject to any conditions precedent and is accordingly immediately effective. Application has been made to the London Stock Exchange for the admission of the new Datatec shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 6 May 2009.
16 Apr 2009 08:06:35
(Official Notice)
Datatec announced that Westcon, its technology solutions global distribution division for advanced networking, communications convergence and security products, has become Cisco's (CSCO) first global distributor. The new agreement will enable both companies to conduct international and multi- regional transactions more efficiently in any country while increasing both organisations' ability to access emerging market opportunities in many parts of Africa and the Middle East, South America and across Asia.



Westcon is the first Cisco multinational distributor to secure an agreement of this type and breadth. It means that both companies will manage global, regional and local business activities with common terms and conditions in any addressable market. Last year, Westcon supplied more than USD1.7 billion of Cisco networking equipment to more that 60 countries and conducted over 20 000 multi- national transactions for its customers.
12 Mar 2009 10:03:19
(Official Notice)
The financial performance of the group remains in line with the expectations set out in the trading statement and IMS on 15 January 2009.

*Headline earnings per share to be between 25 and 29 US cps.

*Earnings per share expected to be between 31 and 35 US cps.

The board plans on paying the same level of annual capital distribution at 12 US cps for the financial year ended 28 February 2009. Further details on the distribution will be included in the results announcement. The group has focused on improving its cash generation and therefore the board is particularly pleased that operating cash generation in the second half of the financial year has been very strong within Westcon, well ahead of the group's expectations. At the end of the financial year, Datatec moved to an overall net cash position from a previous net debt position. As indicated in the trading statement and IMS in January, product revenues have recently been following trends seen in many of the world?s major economies and have been tracking between 10% and 15% lower than for the same period last year. However, services and consulting revenues have been less impacted by the current economic climate and some areas, such as annuity services revenues, have improved year-on-year. The group now expects to release its preliminary results for the year ended 28 February 2009 on Thursday 14 May 2009.
05 Mar 2009 16:57:09
(Official Notice)
Datatec Ltd announces the allotment of 5 200 ordinary ZAR0.01 shares following the exercise of share options prior to 28 February 2009. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 9 March 2009.
02 Mar 2009 11:14:37
(Official Notice)
Datatec, the international information and communications technology group announces the appointment, with immediate effect, of Jefferies International Ltd as its NOMAD and also as its Joint Broker with Investec Bank plc.
15 Jan 2009 09:29:06
(Official Notice)
Datatec is publishing a trading statement and interim management statement covering the period from 1 September 2008 to 31 December 2008. Group trading in the first four months of the second half of the financial year has been relatively resilient when compared with the overall market conditions, albeit below the board's prior expectations at the interim results published on 15 October 2008. Revenues and gross profit margins have held up relatively well despite the sharp deterioration in economic activity in most markets. The board remains confident that Datatec is well positioned to deliver a satisfactory financial performance for the full year in the context of the current environment and expects the group to achieve revenues of approximately $4.3bn for the financial year to 28 February 2009. (2008: $4 billion). Group profits have been impacted by the cost base which had been sized for higher revenues than achieved and have also been adversely impacted by the rapid appreciation of the US dollar during recent months particularly against Sterling, the Australian dollar, the Brazilian Real, the Turkish lira and South African Rand. Despite the difficult market conditions,the group has remained profitable in each of its divisions. Gross margins have held broadly steady as the group's main operating divisions have focused on maintaining sales quality and services mix.The group expects to release its preliminary results for the year ended 28 February 2009 on Wednesday 13 May 2009.
28 Nov 2008 14:16:11
(Official Notice)
Datatec announced the allotment of 5 400 ordinary R0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 2 December 2008.
07 Nov 2008 17:07:31
(Official Notice)
Datatec announced the allotment of 7 800 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 11 November 2008.
15 Oct 2008 08:39:03
(C)
Revenue was USD2.3 billion, up 18% (USD1.9 billion). Operating profit increased 12% to USD54.3 million (USD48.5 million) and net profit attributable to ordinary shareholders rose to USD30.4 million (USD27.4 million). In addition, headline earnings per share increased by 5% to USD17.6cps (USD16.8cps).



Dividend

No dividend has been declared.



Prospects

Market conditions remain challenging and the outlook uncertain. The deterioration of the international trading environment and the global financial crisis is having an impact on many economies in which Datatec operates. At this stage it is unclear how much this may affect the IT and telecommunications markets around the world as communications technologies are often leveraged in periods of slower economic growth as a means of improving productivity and operating efficiencies.



As a key international intermediary for these technologies, the group remains well positioned. However, in the current market environment management remains focused on controlling operating expenses, improving its cash position and diversifying its operations globally, particularly in the faster developing economies. The board currently expects that the second half earnings per share, HEPS and underlying earnings per share will be similar to or exceed that of the first half.
07 Oct 2008 09:22:01
(Official Notice)
Datatec Ltd, the international information - communications technology (ICT) group, will announce its interim results for the six months ended 31 August 2008, on Wednesday, 15 October 2008. The results will be published at 8:00am South African time (7:00am UK time). This will be followed by a presentation for analysts at 9:30am South African time (8:30am UK time) in Johannesburg with simultaneous webcast, conference call and Summit TV broadcast.
11 Sep 2008 08:04:44
(Official Notice)
Datatec has acquired a 50.01% stake in Inflow Technologies Pvt Ltd ("Inflow"), an Indian ICT distribution business. The remaining 49.99% will continue be held by management and other existing shareholders. The acquisition of a 50.01% stake in Inflow, with its presence in nine key Indian cities, provides Datatec with an excellent entry point and initial footprint in India. Inflow also has operations in Sri Lanka and Singapore. Inflow is a value-added distributor focusing on technology enablement and distribution of security, storage and networking products, solutions and services. Inflow has alliances with 22 global technology vendors including CheckPoint, Nokia, McAfee Ironport, Websense, Radware, NetApp and Quantum. The investment will also provide Datatec with a platform to add additional vendors and eventual incorporation into the Westcon brand. Inflow achieved revenue of USD32 million in the last financial year ending 31 March 2008 and currently has over 130 employees.
04 Sep 2008 17:01:53
(Official Notice)
Datatec announced the allotment of 6 600 ordinary ZAR0.01 shares following the exercise of share options on or before 31 August 2008. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 8 September 2008.
15 Aug 2008 15:24:32
(Official Notice)
Datatec announced the allotment of 19 400 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 19 August 2008.
08 Aug 2008 15:00:46
(Official Notice)
Datatec announced the allotment of 6 900 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 12 August 2008.
04 Aug 2008 15:03:00
(Official Notice)
At the annual general meeting of Datatec, held at 12:00 on 4 August 2008, all the ordinary and special resolutions, as proposed in the notice to the annual general meeting, were passed, other than ordinary resolution number 9 - general authority to issue ordinary shares for cash - which was withdrawn prior to the meeting. The special resolution will be lodged for registration with the Companies and Intellectual Properties Registration Office in due course.
18 Jul 2008 14:59:20
(Official Notice)
Datatec announced the allotment of 5 000 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 22 July 2008.
15 Jul 2008 08:03:37
(Official Notice)
Trading for the first quarter has been strong, this is being underpinned by the broad diversity of the group?s revenue sources in terms of geography, technology and operations. Despite continuing softness in the US and slower market conditions now impacting many parts of Europe, the board expects that the group will deliver good revenue growth for the first half of the year and an improved financial performance when compared with the same period last year. Revenues are expected to exceed USD2.2 billion for the six months to 31 August 2008, compared to USD1.9 billion for the six months ended 31 August 2007.
11 Jul 2008 08:29:14
(Official Notice)
Datatec announced the purchase on 10 July 2008 of 175 000 Datatec ordinary shares for cancellation at an average price of R23.9184 per share through the market.
10 Jul 2008 08:30:32
(Official Notice)
Datatec announced the purchase on 9 July 2008 of 80 000 Datatec ordinary ZAR0.01 shares for cancellation at an average price of ZAR23.3017 per share through the market. The repurchased ordinary shares will be cancelled from trading on the JSE and AIM.
09 Jul 2008 09:02:31
(Official Notice)
Shareholders are advised that the annual financial statements will be distributed to shareholders and published on Datatec`s website (www.datatec.co.za), 9 July 2008 and contain no material modifications to the group audited results which were announced on SENS on 14 May 2008.



Notice of the annual general meeting

Notice is hereby given that the annual general meeting of Datatec shareholders will be held at the Sandton Sun Intercontinental Hotel, cnr. 5th Street and Alice Lane, Sandton, Johannesburg, South Africa on 4 August 2008 at 12:00 to transact the business as stated in the annual general meeting notice forming part of the annual financial report.
09 Jul 2008 08:35:18
(Official Notice)
Datatec announced the purchase on 8 July 2008 of 125 000 Datatec ordinary ZAR0.01 shares for cancellation at an average price of ZAR23.8436 per share through the market. The repurchased ordinary shares will be cancelled from trading on the JSE and AIM.
08 Jul 2008 08:32:02
(Official Notice)
Datatec announced the purchase on 7 July 2008 of 50 000 Datatec ordinary ZAR0.01 shares for cancellation at an average price of ZAR24.18 per share through the market.
07 Jul 2008 08:52:33
(Official Notice)
Datatec announced the purchase on 4 July 2008 of 130 000 Datatec ordinary ZAR0.01 shares for cancellation at an average price of ZAR24.9534 per share through the market. The repurchased ordinary shares will be cancelled from trading on the JSE and AIM. Accordingly the reduced share capital admitted to trading on AIM and listed on the JSE will be 175 225 000 ordinary shares.
04 Jul 2008 08:30:59
(Official Notice)
Datatec announced the purchase on 3 July 2008 of 120 000 Datatec ordinary ZAR0.01 shares for cancellation at an average price of ZAR25.2285 per share through the market. The repurchased ordinary shares will be cancelled from trading on the JSE and AIM. Accordingly the reduced share capital admitted to trading on AIM and listed on the JSE will be 175 355 000 ordinary shares.
30 Jun 2008 15:00:51
(Official Notice)
Datatec announced the allotment of 25 700 ordinary shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 1 July 2008.
26 Jun 2008 08:46:36
(Official Notice)
Datatec announced the purchase on 25 June 2008 of 50 700 Datatec ordinary shares for cancellation at an average price of R25.9782 per share through the market.
25 Jun 2008 09:15:41
(Official Notice)
Datatec announced the purchase on 24 June 2008 of 64 903 Datatec ordinary ZAR0.01 shares for cancellation at an average price of ZAR 26.3047 per share through the market. The repurchased ordinary shares will be cancelled from trading on the JSE and AIM. Accordingly the reduced share capital admitted to trading on AIM and listed on the JSE will be 175 500 000 ordinary shares.
24 Jun 2008 08:45:36
(Official Notice)
Datatec announced the purchase on 23 June 2008 of 45 000 Datatec ordinary ZAR0.01 shares for cancellation at an average price of ZAR26.8962 per share through the market. The repurchased ordinary shares will be cancelled from trading on the JSE and AIM. Accordingly the reduced share capital admitted to trading on AIM and listed on the JSE will be 175 564 903 ordinary shares.
23 Jun 2008 10:23:58
(Official Notice)
Datatec announces the purchase on 20 June 2008 of 40 000 Datatec ordinary shares for cancellation at an average price of R27.32 per share through the market.
20 Jun 2008 08:32:25
(Official Notice)
Datatec announced the purchase on 19 June 2008 of 55 000 Datatec ordinary shares for cancellation at an average price of R27.8905 per share through the market.
06 Jun 2008 08:33:14
(Official Notice)
Datatec announced the purchase on 5 June 2008 of 252 000 Datatec ordinary ZAR0.01 shares for cancellation at an average price of R29.2171 per share through the market.
28 May 2008 17:15:45
(Official Notice)
Datatec announced the allotment of 5 900 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 29 May 2008.
14 May 2008 09:43:07
(C)
Group revenue increased by 27% (12% organic) to over USD4.0 billion (USD3.2 billion), while gross margin increased from 13.1% to 13.7%. Gross profit increased by 32% from USD415.2 million to USD547.1 million, while operating costs increased 34% from USD295.8 million to USD396.3 million, mainly as a result of the European businesses acquired, which operate at higher margins with higher operating costs. Underlying earnings per share rose 21% to USD47.3c (USD39.2c). HEPS increased by 12% to USD45.6c (USD40.8c).



Distribution

The group will distribute to shareholders out of share premium, in lieu of a dividend, ZAR90cps (approximately USD12cps) for the year ended 29 February 2008.



Outlook

During the coming year the group will continue to benefit from its improving business mix and geographic diversity across its principal operating divisions. The increased exposure to high growth emerging markets and developing economies should help balance any slowdown in the more mature markets of the US and Western Europe. Datatec believes its business model will remain resilient and continue to deliver growth as the shift in global IT purchasing power, as a result of the weakening dollar, has helped underpin global IT demand, even as other areas of the global economy show signs of weakness. In the year to 28 February 2009, the group is expected to grow revenues in excess of 20%, including acquisitions. The group is targeting further gross margin expansion and consolidated EBITDA margins of over 4% in future years. The board expects that quality of the group's businesses will continue to improve driven by recent system and process enhancements, the depth of its management and operating leverage brought through scale and geographic diversity. Datatec will maintain prudent management of the group's cost base and tight controls on working capital. The current year has started well and in line with expectations. The board remains vigilant to any deterioration in global markets, but is confident of continuing improvement in Datatec's financial performance in the year ahead.
06 May 2008 16:02:22
(Official Notice)
Logicalis Group Ltd, a wholly owned subsidiary of Datatec has now completed the merger of its Latin American operations with the leading Brazilian network integration businesses of Promon Tecnologia ("PT") announced on 17 March 2008. The transaction was completed on 2 May 2008 in accordance with the terms announced previously and Datatec will allot 6 674 312 shares on 9 May 2008, subject only to admission, in part consideration. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 9 May 2008.
21 Apr 2008 11:36:54
(Official Notice)
Datatec will announce preliminary results for the year ending 29 February 2008, on Wednesday, 14 May 2008. Results will be published at 8am South African time (7am UK time). This will be followed by a presentation for analysts at 8.30am South African time in Johannesburg with a simultaneous webcast, conference call and Summit TV broadcast.
31 Mar 2008 08:38:47
(Official Notice)
Datatec announced with great sadness that Leslie Boyd, the group?s chairman, has died suddenly after a short illness. Stephen Davidson, who was deputy chairman, will succeed to the role of chairman. Leslie had indicated his intention to retire from the board after the group?s AGM in August at which time the board had intended to appoint Stephen as chairman.
17 Mar 2008 09:06:35
(Official Notice)
Logicalis Group Ltd, a wholly owned subsidiary of Datatec, has agreed to merge its Latin American operations with the leading Brazilian network integration businesses of Promon Tecnologia ("PT") (the "transaction"). Under the terms of the transaction, Logicalis will pay PT's owner, Promon SA, up to USD77.2 million in cash and new Datatec shares ("the consideration") for a 70% equity holding in the combined business. Promon SA will have a 30% equity interest in the business.



The consideration

The consideration payable comprises an initial cash consideration of USD25.0 million from the group's existing cash resources and Datatec shares to the value of USD25.0 million (comprising 6 674 312 shares at an issue price of GBP185.33p, being the 30-day VWAP on 12 March 2008) which will be issued to Promon SA on completion of the transaction. Deferred cash consideration of up to USD27.2 million is also payable over the next two years contingent upon the future financial performance of PT and the Datatec share price. 50% of the shares issued to Promon SA will be subject to a one-year selling restriction and the remainder will be subject to a two-year selling restriction. Following the transaction, Logicalis South America Ltd will be renamed PromonLogicalis Latin America Ltd ("PLLAL") and Promon SA will have a 30% interest in PLLAL. Promon SA will have a put option to sell its 30% interest in PLLAL to Logicalis Group Ltd at a price to be determined between Promon SA and Logicalis Group Ltd at the time. The put option expires in September 2012 and can be exercised annually commencing in September 2009, subject to a maximum sale in any one year of a 15% interest in PLLAL.



Conditions precedent

Completion of the transaction is expected to take place in late April or early May 2008 and is subject to the satisfactory fulfilment of the following conditions precedent:

*regulatory approvals from the relevant Brazilian federal and state authorities;

*material customer and supplier consents; and

*various other conditions relating to the effective administration of the transfer of the business.
13 Mar 2008 09:53:24
(Official Notice)
Datatec announced its year end earnings update for the year ended 29 February 2008. This update should be read in conjunction with the group's interim management statement announced on 15 January 2008. The group's financial performance has improved for the fifth successive annual reporting period, with a strong performance in the second half of the last financial year. For the year ended 29 February 2008, headline earnings per share and earnings per share are each expected to be between USD42c and USD46c (USD40.8c and USD40.0c respectively). Underlying earnings per share are expected to be between USD44c and USD48c (USD39.2c). Underlying earnings per share excludes goodwill impairment, amortisation of intangible fixed assets, profit or loss on sale of assets and businesses and unrealised foreign exchange movements on inter- company loans. The group expects to announce its preliminary results on Wednesday 14 May 2008. The financial information on which this year end earnings update is based has not been reviewed and reported on by Datatec`s external auditors.
07 Mar 2008 17:18:40
(Official Notice)
In compliance with the AIM Rules, the following information is disclosed: Datatec announces the allotment of 6 500 ordinary ZAR0.01 shares following the exercise of share options on or before 29 February 2008. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE for the listing of these shares. Listing on both exchanges is expected to become effective on 10 March 2008.

29 Feb 2008 20:39:20
(Official Notice)
In Compliance with the AIM Rules, the following information is disclosed: Datatec announced the purchase on 29 February 2008 of 128 209 Datatec ordinary ZAR0.01 shares for cancellation at an average price of ZAR30.8332 per share through the market. The repurchased ordinary shares will be cancelled from trading on the JSE and AIM. Accordingly the reduced share capital admitted to trading on AIM and listed on the JSE will be 169 206 941 ordinary shares.

29 Feb 2008 09:40:43
(Official Notice)
Datatec Ltd announced the purchase on 28 February 2008 of 155 000 Datatec ordinary ZAR0.01 shares for cancellation at an average price of ZAR 29.93 per share through the market. The repurchased ordinary shares will be cancelled from trading on the JSE and AIM. Accordingly the reduced share capital admitted to trading on AIM and listed on the JSE will be 169 335 150 ordinary shares.
25 Feb 2008 09:43:35
(Official Notice)
Datatec announced the purchase on 22 February 2008 of 45 186 Datatec ordinary ZAR0.01 shares for cancellation at an average price of ZAR 28.4956 per share through the market. The repurchased ordinary shares will be cancelled from trading on the JSE and AIM. Accordingly the reduced share capital admitted to trading on AIM and listed on the JSE will be 169 490 150 ordinary shares.
22 Feb 2008 09:45:55
(Official Notice)
Datatec announced the purchase on 21 February 2008 of 296 275 Datatec ordinary ZAR0.01 shares for cancellation at an average price of ZAR28.0613 per share through the market. The repurchased ordinary shares will be cancelled from trading on the JSE and AIM. Accordingly the reduced share capital admitted to trading on AIM and listed on the JSE will be 169 535 336 ordinary shares.
22 Feb 2008 08:33:30
(Official Notice)
Datatec announces the allotment of 4 200 ordinary ZAR0.01 shares following the exercise of share options. Application has been made to the London Stock Exchange for the admission of these shares to the Alternative Investment Market, and to the JSE Ltd for the listing of these shares. Listing on both exchanges is expected to become effective on 26 February 2008. 21 February 2008.
20 Feb 2008 18:13:44
(Official Notice)
Datatec announced the purchase today of 55 493 ordinary ZAR0.01 shares by the Datatec Ltd Share Incentive Trust 2005 to be held as treasury shares for future settlement of the company's obligations under employee share incentive schemes.
19 Feb 2008 17:57:56
(Official Notice)
Datatec announces the purchase of 232 946 ordinary ZAR0.01 shares by the Datatec Ltd Share Incentive Trust 2005 to be held as treasury shares for future settlement of the company's obligations under employee share incentive schemes. Following this purchases the total number of shares held as treasury shares by the Trust is 1 697 065 and the number of shares in issue excluding such treasury shares is 168 130 346.
18 Feb 2008 17:50:33
(Official Notice)
Datatec announced the purchase of ordinary ZAR0.01 shares by the Datatec Ltd Share Incentive Trust 2005 ("the Trust") to be held as treasury shares for future settlement of the company's obligations under employee share incentive schemes as follows: on 15 February 411 198 shares and on 18 February 368 852 shares.



Following this purchases the total number of shares held as treasury shares by the Trust is 1 464 119 and the number of shares in issue excluding such treasury shares is 168 363 292.
27 Jul 2006 10:49:35
(Media Comment)
Business Day noted that Datatec's chief executive officer, Jens Montanana, received a 30% increase in his total package to earn USD1.97 million.
14 Jul 2006 08:37:47
(Official Notice)
With regard to the audited results for the year ended 28 February 2006, shareholders are advised that the annual financial statements will be distributed to shareholders today, 14 July 2006 and contain no material modifications to the group audited results which were published on SENS on 16 May 2006. The annual general meeting of Datatec shareholders will be held at the Sandton Sun and Towers Intercontinental, 5 Street, Sandhurst, Sandton on Tuesday 15 August 2006 at 14:00.
11 Jul 2006 09:58:15
(Official Notice)
Datatec announced that its South African operations will merge with African Legend Technologies to form an R800 million-a-year IT company. The Datatec businesses should contribute R500 million to the combined entities' revenue while the African Legend businesses are estimated to contribute R300 million. Datatec will have a 55% shareholding and African Legend Technologies will hold the remaining 45% in the newly merged entity to be known as African Legend Indigo. African Legend Indigo will include Datatec's RangeGate and the two African Legend Technologies businesses, African Legend Indigo Pty (Ltd) and African Legend Solutions Pty (Ltd). Westcon AME, Datatec's networking equipment distributor will continue to operate as a stand alone business. However African Legend Technologies will take a 45% shareholding in Westcon AME. The comparable size and nature of the merged operations is such that no vendor finance will be required to facilitate the deal. The proposed merger is subject to competition commission approval. African Legend Indigo will be led by Chief Executive Officer Michael Jacobus, who has led African Legend Indigo Pty (Ltd) for the past 3 years. According to Jens Montanana, CEO of Datatec, the merger will create a truly black empowered ICT company. "We are excited about this deal on a number of levels. The merger will create an IT company that is 45% black owned, which is significantly more than the ICT Charter calls for, and we expect it to add significant shareholder value by providing us with the critical mass we need to take the new business to the next level and to consistently achieve the sort of growth recorded by Datatec's other operations in the US, the UK and Europe over the past 12 to 18 months."
19 May 2006 17:05:29
(Official Notice)
Executive directors and the company secretary have been granted rights on 17 May 2006 to participate in the group's share based incentive plans as follows: Share appreciation rights, which are subject to performance conditions and vest after three years, at a grant price of R27.22.

*J P Montanana 187 482 rights (indirect beneficial)

*D B Pfaff 74 963 rights (indirect beneficial)

*I P Dittrich 23 093 rights (direct beneficial)

Long term incentive plan awards, which are subject to performance conditions and vest after three years.

*J P Montanana 187 482 conditional awards (indirect beneficial)

*D B Pfaff 56 222 conditional awards (indirect beneficial)

*I P Dittrich 18 145 conditional awards (direct beneficial)

All rights and rewards are subject to the rules of the respective share incentive plans, as approved by shareholders at the annual general meeting held on 16 August 2005. Approval for the individual allocations and clearance to transact has been given. All these individual allocations as indicated above have been accepted by the directors and the company secretary respectively on 17 May 2006.
16 May 2006 09:35:46
(C)
Revenues from continuing operations rose by 18% to USD2.98 billion (USD2.52 billion), while gross margin increased from 10.4% to 11.4%. Operating profit increased to USD69.0 million (USD10.9 million). The 2006 operating profit includes charges of USD3.5 million relating to share-based payments under the requirements of IFRS2 which have been applied for the first time. Headline earnings per share grew commensurately to USD26.91c (USD3.59c) and the group ended the year with increased net cash on hand of USD172.3 million. The effective tax rate increased from a restated 35.1% to 38.5%. This is higher than the statutory South African tax rate, primarily due to the fact that the group's profits in the year have been earned mainly in the USA where tax rates are higher.



Prospects

In spite of continued monetary tightening in the USA, and general interest rate increases expected in the rest of the world, demand for IT hardware, networking and services has remained robust even as growth rates have moderated. The gradual improvement in Europe's economic growth prospects should enable the group's European operations to start contributing meaningfully in the year ahead. The company is considering a secondary listing on London's AIM stock exchange.



Dividend

The company will distribute out of share premium, in lieu of a dividend, ZAR30c per share (approximately USD5c per share) for the year ended 28 February 2006. The last day to trade would be Friday, 30 June 2006 and payment would be made on Monday, 10 July 2006.
11 May 2006 17:03:38
(Official Notice)
Shareholders are advised that, for the year ended 28 February 06, headline earnings are expected to be USD26.9c per share and attributable earnings are expected to be USD26.5c per share, compared to the headline earnings range of USD24c to USD26c per share and the attributable earnings range of USD18c to USD22c per share previously advised in the trading statement released on SENS on 10 March 06. Datatec is currently finalising its results for the financial year ended 28 February 06 which are expected to be released on SENS on Tuesday, 16 May 06.
02 May 2006 13:40:07
(Official Notice)
Datatec announced today that Westcon Group has acquired the distribution arm of Ronco Communications and Electronics for an undisclosed sum. The successful acquisition will transform Westcon into the number one distributor of Nortel voice and data products in North America. Nortel is now Westcon Group's second largest vendor by revenue. The new operation, renamed Ronco Distribution, will be managed by Kurt Ruesch, former president, distribution for Ronco.
28 Mar 2006 16:05:31
(Media Comment)
Business Day noted that Datatec's US-based Logicalis unit are looking to buy the southwest regional division of Alliance Consulting. It is expected that the acquisition would increase the revenue of Logicalis by USD50 million in the 12 months to February 2007. No possible acquisition amount have been disclosed as of yet.
10 Mar 2006 10:41:39
(Official Notice)
Datatec is currently finalising its results for the financial year ended 28 February 2006, which are expected to be released on Tuesday, 16 May 2006. Headline earnings are expected to be between USD24c and USD26c per share for the year, compared to headline earnings of USD4c per share for the financial year ended 28 February 2005. Attributable earnings are expected to be between USD18c and USD22c per share for the year, compared to attributable earnings of USD38c per share for the financial year ended 28 February 2005. The results for the financial year ended 28 February 2005 included exceptional profits realised on the sale by Logicalis Group Ltd of its Asia Pacific subsidiaries.
11 Jan 2006 16:35:01
(Official Notice)
Datatec's Westcon Group has secured a USD150 million working capital facility and a USD40 million second lien term loan to finance its operations in North America. The working capital facility will be used to finance the operations of Westcon Group's three US operating divisions, Comstor, Voda One and Westcon as well as its business in Canada. The second lien term loan will provide additional long-term capital to fund growth of the Westcon businesses and to repay certain debt obligations to Datatec Group.
28 Nov 2005 16:16:49
(Official Notice)
09 Nov 2005 09:44:13
(Media Comment)
Datatec plans to announce a BEE partner by early 2006. Business Report noted that Datatec would form a subsidiary which would be a holding company for local operations and a new entity of which the black ownership group would own nearly 50%. Analysts have commented that the new BEE partner should have information technology skills and not just be a " big name" that would add no value to the group.
26 Oct 2005 09:05:09
(C)
The group continued its return to profitability during the review period. Revenues rose by 15% to USD1.44bn (USD1.25bn), while gross margin increased from 10% to 11%. Operating profit increased to USD31.9m (USD2.6m). Headline earnings per share grew commensurately to 12.0 cents (0.1 cent) and the group ended the first six months with net cash on hand of USD111.8m. The effective tax rate before exceptional items and goodwill impairment decreased from 49% to 40%, and this is the estimated tax rate for the year as a whole.



*Westcon increased revenues by 8% to USD1.1bn (USD1.0bn), attributable mainly to growth in the Americas and in the Asia Pacific region. The gross margin rose to 8.5% from 7.6% with the settlement of the Lucent litigation contributing USD4.3m to this figure. Without it, the gross margin would have been 8.1%.

*Logicalis -- Revenue from continuing operations rose 78% to USD247.3m (USD139.1m), while organic growth, excluding acquisitions, was 27%. The total gross margin for the period remained relatively constant at 20.1% despite an increase in product-based business as a result of recent acquisitions made during the period. Total operating profit, after depreciation and amortisation, amounted to USD5.2m compared with USD0.7m for the previous comparable period.

*Analysys Mason Group -- AMG increased revenues during the period by 58% to USD30.1m (USD19m). A 10.3% margin saw EBITDA more than double to USD3.3m (USD1.6m recurring) and operating profit of USD3.0m (USD1.5m recurring).



Prospects

The Group has made considerable progress over the last six months, revenues and gross margins have increased and operating costs have been tightly controlled leading to a significant improvement in operating profits in all major divisions. Datatec expects continued improvement in our financial performance and consolidate further the gains in market share whilst improving operating efficiencies at all levels.



Dividends

To date, the company's policy has been not to pay dividends. The board is now considering declaring a maiden dividend at the end of the financial year.
04 Oct 2005 17:23:47
(Official Notice)
Datatec is currently finalising its unaudited financial results for the six months ended 31 August 2005, which are expected to be released on 26 October 2005.



In this regard, shareholders are advised that headline earnings per share of between USD0.11 and USD0.12 are likely for the period, compared to headline earnings of USD0.001 per share for the six months ended 31 August 2004. Datatec's overall financial performance improved during the period on both a sequential and comparative basis to previously reported full year and half year results. Trading in all the major subsidiaries improved. Attributable earnings per share are likely to be between USD0.09 and USD0.10 per share for the Period, compared to attributable earnings of USD0.3998 per share for the six months ended 31 August 2004. The results for the six months ended 31 August 2004 included exceptional profits realised on the sale by Logicalis Group Ltd of its Asia Pacific subsidiaries.
06 Sep 2005 17:01:56
(Official Notice)
Shareholders are advised that at the general meeting of Datatec, held at 12:00 on Tuesday 6 September 2005, the requisite majority of shareholders approved placing the authorised but un-issued shares under the control of the directors up to a maximum number of shares equal to 5% of the issued share capital of the company from time to time. Shareholders also granted authority to the directors and company secretary to sign all documents required to give effect to this resolution.
25 Jul 2005 16:45:12
(Official Notice)
With regard to the group audited results for the year ended 28 February 2005, shareholders are advised that the annual financial report has been distributed to shareholders today, 25 July 2005 and contain no material modifications to the group audited results which were published on SENS on 18 May 2005.



Notice of the annual general meeting

Notice is hereby given that the annual general meeting of Datatec shareholders will be held in the auditorium of Rand Merchant Bank, 1 Merchant Place, Sandton on 16 August 2005 at 14:00 to transact the business as stated in the annual general meeting notice forming part of the annual financial report.
12-Jun-2018
(X)
Datatec Group is a global provider of ICT solutions and services with revenues of USD6.08 billion, over 8 000 employees worldwide and operations in over 50 countries. The Group operates in three principal areas of the ICT industry: Technology distribution, integration and managed services and consulting and research through its three respective divisions: Westcon International, global distribution of solutions in security, collaboration, networking and data centre technologies; Logicalis, ICT infrastructure solutions and services; and consulting and financial services (Analysys Mason and Datatec Financial Services). Datatec's shares are listed on the JSE.


Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa
Best in 800x600 with IE6 or Mozilla Firefox