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DTC - Datatec Limited - Dealing in securities by a director and further issues of shares DATATEC LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1994/005004/06) ISIN: ZAE000017745 Share Code: DTC ("Datatec" or "the Company") DEALING IN SECURITIES BY A DIRECTOR AND FURTHER ISSUES OF SHARES In accordance with the rules of the Datatec Share Appreciation Rights Scheme 2005, Mr Montanana has exercised the Share Appreciation Rights ("SARs") granted to him in 2006 (which vested in May 2009) and 2009 (which vested in May 2012). The value of the SARs on exercise is being share-settled by the issue of 408,640 new Datatec shares. In compliance with the JSE Listings Requirements and the AIM Rules, the following information is disclosed: Director : J P Montanana Company : Datatec Limited Date of transaction s : 21 June 2012
Nature of transaction : Off market exercise of SARs Number of 2006 SARs exercised : 187 482 Grant price of 2006 SARs : R27,22 Exercise price : R46,76 Share appreciation value : R19,54 Total share appreciation value : R3 663 398 Number of Datatec shares to be : 78 345 issued in settlement Nature of transaction : Off market exercise of SARs Number of 2009 SARs exercised : 495 496 Grant price of 2009 SARs : R15,59 Exercise price : R46,76 Share appreciation value : R31,17 Total share appreciation value : R15 444 610 Number of Datatec shares to be : 330 295 issued in settlement Nature of transaction : Off market settlement of total Datatec shares received in terms of the above exercises of SARs Class of security : Datatec ordinary shares Number of securities : 408 640 Deemed price per share : ZAR 46,76 Total transaction value : ZAR 19 108 008 Nature of interest : Indirect beneficial Clearance obtained : Yes 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 June 2012. Following this exercise of SARs, Mr Montanana has a beneficial interest in 14 740 514 Datatec Shares representing 7,8 per cent of the total voting rights in the Company. Datatec also announces the allotment of 3 000 ordinary ZAR0.01 shares following the exercise of share options by employees. 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 27 June 2012. After the share issues noted above, the number of Datatec shares in issue will be 189 270 060 of which 14 274 are Treasury Shares. Sandown 22 June 2012 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 22/06/2012 17:00:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
