DATATEC LIMITED - Dealing in securities by a Director and the Company Secretary

Release Date: 12/06/2018 17:15
Code(s): DTC
 
Wrap Text
Dealing in securities by a Director and the Company Secretary

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 and the Company Secretary
Executive directors and the company secretary have deferred a portion of their bonus to be used to
purchase Datatec shares under the terms of the Datatec Limited Deferred Bonus Plan 2017 as approved by
shareholders at the AGM on 14 September 2017 ("DBP"). Shares purchased in terms of the DBP are
subject to an employment condition and only vest with the participant if they remain in employment with the
Company for three years.

Datatec announces the following in compliance with the JSE Limited ("JSE") Listings Requirements.


 Director                                      :   J P Montanana
 Company                                       :   Datatec Limited
 Class of security                             :   Ordinary shares
 Nature of transactions                        :   On market purchase of shares


 Date of transaction                           :   6 June 2018
 Number of securities                          :   100 756
 Average purchase price per share              :   R20.1657
 Lowest price traded                           :   R20.00
 Highest price traded                          :   R20.20
 Total value of securities                     :   R2 031 815.27

 Date of transaction                           :   7 June 2018
 Number of securities                          :   347 207
 Average purchase price per share              :   R21.3595
 Lowest price traded                           :   R20.65
 Highest price traded                          :   R21.54
 Total value of securities                     :   R7 416 167.92

 Date of transaction                           :   8 June 2018
 Number of securities                          :   52 037
 Average purchase price per share              :   R21.5617
 Lowest price traded                           :   R21.22
 Highest price traded                          :   R21.81
 Total value of securities                     :   R1 122 006.18


 Nature of interest                            :   Indirect beneficial
 Clearance obtained                            :   Yes


 Company Secretary                             :   S P Morris
 Company                                       :   Datatec Limited
 Class of security                             :   Ordinary shares
 Nature of transaction                         :   On market purchase of shares
 Date of transaction                           :   7 June 2018
 Number of securities                          :   45 513
 Average purchase price per share              :   R21.2899
 Highest price paid                            :   R21.39
 Lowest price paid                             :   R21.15
 Transaction value                             :   R968 967.22
 Nature of interest                            :   Direct beneficial
 Clearance obtained                            :   Yes


12 June 2018

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

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