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DATATEC LIMITED - Notification of major interest in shares

Release Date: 25/07/2014 16:00
Code(s): DTC     PDF:  
Wrap Text
Notification of major interest in shares

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

NOTIFICATION OF MAJOR INTEREST IN SHARES

In compliance with the requirements of the UK Financial Conduct
Authority (FCA), the following information notified to the Company
is disclosed:

  1. Identity of the issuer or the underlying issuer of existing
     shares to which voting rights are attached: Datatec Limited;

  2. Reason for notification : an acquisition or disposal of
     voting rights;

  3. Full name of person(s) subject to notification obligation:
     Public Investment Corporation Limited (“PIC”);

  4. Full name of shareholder(s): (same as 3 above);

  5. Date of transaction (and date on which the threshold is
     crossed or reached if different): 24 July 2014;

  6. Date on which issuer notified: 25 July 2014;

  7. Threshold(s) that is/are crossed or reached: 16%;

  8. Notified Details
    A: Voting rights attached to shares
         Class/type of shares: ZAE000017745
         Situation previous to the triggering transaction:
         Number of shares – 29 604 181
         Number of voting rights - 29 604 181

         Resulting situation after the triggering transaction
         Number of shares - 31 922 845
         Number of voting rights - 31 922 845 (Direct)
         Percentage of voting rights – 16.159% (Direct)

     B & C: Financial Instruments – n/a

Sandown
25 July 2014

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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