DATATEC LIMITED - Dealings in securities by directors

Release Date: 14/06/2018 17:15
Code(s): DTC
 
Wrap Text
Dealings in securities by directors

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

Dealings in securities by directors
Executive directors 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                          :   8 June 2018
 Number of securities                         :   313 780
 Average purchase price per share             :   R21.2863
 Lowest price traded                          :   R20.20
 Highest price traded                         :   R21.50
 Total value of securities                    :   R6 679 215.21

 Date of transaction                          :   11 June 2018
 Number of securities                         :   186 220
 Average purchase price per share             :   R21.3311
 Lowest price traded                          :   R21.11
 Highest price traded                         :   R21.74
 Total value of securities                    :   R3 972 277.44

 Nature of interest                           :   Indirect beneficial
 Clearance obtained                           :   Yes


 Director                                     :   I P Dittrich
 Company                                      :   Datatec Limited
 Class of security                            :   Ordinary shares
 Nature of transaction                        :   On market purchase of shares
 Date of transaction                          :   13 June 2018
 Number of securities                         :   47 000
 Average purchase price per share             :   R22.7792
 Lowest price traded                          :   R22.54
 Highest price traded                         :   R23.25
 Transaction value                            :   R 1 070 622.40
 Nature of interest                           :   Direct beneficial
 Clearance obtained                           :   Yes


14 June 2018

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

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