DATATEC LIMITED - Treasury shares transfer

Release Date: 13/03/2018 17:00
Code(s): DTC
 
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Treasury shares transfer

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

Treasury shares transfer

Datatec Limited (“Datatec” or the "Company", JSE: DTC), announces the following use of Treasury shares to
provide a bonus to a senior employee (who is not a director of the Company nor of a Major Subsidiary):

Nature of transaction                    :       Off market transfer of shares
Class of security                                Datatec ordinary shares
Date of transaction                      :       12 March 2018
Number of Datatec shares                 :       50 591
Deemed transfer price                    :       R 29,65*
Transaction value                        :       R 1 500 000

Clearance obtained                       :       Yes

After this transfer from Treasury, Datatec has 242 960 000 shares in issue, of which 467 350 are Treasury
shares.

* the 30 day volume weighted average share price on 28 February 2018.


13 March 2018

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

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