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DATATEC LIMITED - Dealing in securities by a director

Release Date: 20/07/2017 11:00
Code(s): DTC     PDF:  
Wrap Text
Dealing in securities by a director

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

In compliance with the JSE Listings Requirements and the AIM Rules, the
following information is disclosed:

Director                   :    J P Montanana
Company                    :    Datatec Limited
Nature of transaction      :    On market sale of Datatec shares
Class of security          :    Ordinary shares of ZAR 0.01 each

Date of transaction        :    14 July 2017
Number of shares           :    47 877
Average price per share    :    R 59,40
Total transaction value    :    R 2 843 893,80
Highest price traded       :    R 59,40
Lowest price traded        :    R 59,40

Date of transaction        :    17 July 2017
Number of shares           :    49 967
Average price per share    :    R 59,24
Total transaction value    :    R 2 959 804,04
Highest price traded       :    R 59,49
Lowest price traded        :    R 59,20

Date of transaction        :    18 July 2017
Number of shares           :    100 000
Average price per share    :    R 57,13
Total transaction value    :    R 5 712 800,00
Highest price traded       :    R 58,78
Lowest price traded        :    R 56,13


Total transaction value    :    R 11 516 497,84
Date of notification       :    19 July 2017
Nature of interest         :    Indirect beneficial
Clearance obtained         :    Yes

Following this transaction, Mr Montanana has a beneficial interest in
15 000 000 Datatec Shares representing approximately 7,08% of the total
voting rights in the Company.

Sandton
20 July 2017

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

Date: 20/07/2017 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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