DATATEC LIMITED - Share Based Payment Grants and Dealings in Securities by Directors and the Company Secretary

Share Based Payment Grants and Dealings in Securities by Directors and the Company Secretary

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


SHARE BASED PAYMENT GRANTS AND DEALINGS IN SECURITIES BY DIRECTORS AND THE COMPANY
SECRETARY

Datatec announces the following in relation to its Conditional Share Plan ("CSP")
which was approved by shareholders at the Company's annual general meeting held
on 14 September 2017.

CSP awards in respect of Datatec ordinary shares have been granted to participants
on 18 June 2024 following approval by the Remuneration Committee. The awards are
subject to the Rules of the CSP and will vest after three years, subject to the
Group meeting the performance condition set by the Remuneration Committee which
is based on absolute total shareholder return.

Executive directors and the company secretary have accepted CSP awards granted,
as follows:

 Name                      Number of CSP awards     Nature of interest


 Executive directors
   J P Montanana                        976,415     Indirect beneficial
   I P Dittrich                         344,999       Direct beneficial

 Company secretary
   S P Morris                            155,415      Direct beneficial

The face value of these awards is R36.99 per award, being the 30-day volume
weighted average share price on 27 May 2024, the date of the Group's FY24 Results
Announcement. However, the value to the participant is nil until (and if) the
awards vest. On vesting of the CSP awards, a further announcement of the total
transaction value received by the participants will be released on SENS.

Approval for the individual CSP awards to the directors and the company secretary
and clearance to deal has been given and these individual CSP awards have been
accepted, off market, today 19 June 2024.


19 June 2024

Sponsor
Pallidus Exchange Services Proprietary Limited

Date: 19-06-2024 05:00:00
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