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DATATEC LIMITED - Notification of major interest in shares

Release Date: 17/05/2017 17:00
Code(s): DTC
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
(“the Company”)

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 of voting rights;

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

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): 15 May 2017;

6. Date on which issuer notified: 16 May 2017;

7. Threshold(s) that is/are crossed or reached: 19%;

8. Notified Details
   A: Voting rights attached to shares
      Class/type of shares: ZAE000017745
      Situation previous to the triggering transaction:
      Number of shares – 39 886 270
      Number of voting rights – 39 886 270

      Resulting situation after the triggering transaction
      Number of shares - 40 286 270
      Number of voting rights – 40 286 270 (Direct)
      Percentage of voting rights – 19% (Direct)

   B & C: Financial Instruments – n/a


Sandton
17 May 2017

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

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