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DATATEC LIMITED - Further issue of shares

Release Date: 05/02/2015 17:47
Code(s): DTC     PDF:  
Wrap Text
Further issue of shares

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

FURTHER ISSUE OF SHARES

In compliance with the AIM Rules, Datatec Limited announces 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 Limited 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 Limited
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.

Sandton
5 February 2015

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

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