DATATEC LIMITED - General repurchase of shares: posting of circular to shareholders

Release Date: 21/06/2018 08:00
Code(s): DTC
 
Wrap Text
General repurchase of shares: posting of circular to shareholders

Datatec Limited 
(Incorporated in the Republic of South Africa)  
(Registration number: 1994/005004/06)  
ISIN: ZAE000017745  
Share Code: DTC 
("Datatec" or "the Company") 
 
                                                       
GENERAL REPURCHASE OF SHARES: POSTING OF CIRCULAR TO SHAREHOLDERS 
                                                       
 
Shareholders are referred to the announcement released on the Stock Exchange News Service 
(“SENS”) on 11 June 2018, wherein they were advised of the Company’s intention to convene a 
general meeting, prior to Datatec’s next Annual General Meeting, in order to propose a special 
resolution authorising a general repurchase of shares in terms of the Listings Requirements of 
the JSE Limited.  
Shareholders are now advised that a circular to shareholders, detailing the proposed general 
repurchase of shares and incorporating a notice of general meeting and, where applicable, a 
form of proxy, has been posted today Thursday, 21 June 2018 (“the Circular”). 
 
The Circular is also available on the Company’s website, www.Datatec.com. The salient dates 
pertaining to the proposed general repurchase authority, also contained in the Circular, are set 
out below: 
 
Salient dates                                                                                                       2018 
The record date for purposes of receiving the Circular and Notice of General Meeting                     Friday, 15 June 
(being the date on which a Datatec Shareholder must be recorded in the Register in 
order to receive the Circular and Notice of General Meeting) is 
Circular posted to Datatec Shareholders on                                                             Thursday, 21 June 
Last day to trade in order to be eligible to attend, speak and vote at the General                      Tuesday, 10 July 
Meeting is 
Record date to determine Shareholders eligible to attend, speak and vote at the                          Friday, 13 July 
General Meeting is 
Last day and time to give notice to participate in the General Meeting electronically by              Wednesday, 18 July 
15:00 on 
For administrative purposes, Shareholders requested (but not required) to lodge forms                    Friday, 20 July 
of proxy with the Transfer Secretaries, by 15:00 on
General Meeting of Shareholders at 15:00 on                                                             Tuesday, 24 July 
Results of General Meeting released on SENS on                                                          Tuesday, 24 July 
Results of General Meeting published in the South African press on                                    Wednesday, 25 July 
 
Notes: 
1. All dates and times are South African dates and South African standard times. 
2. The dates and times may be changed by Datatec. Any change will be published on SENS. 
3. If the General Meeting is adjourned or postponed, forms of proxy submitted for the initial General 
   Meeting will remain valid in respect of any adjournment or postponement of the General Meeting. 
4. Shareholders should note that as transactions in the Shares are settled in the electronic settlement 
   system used by Strate, settlement of trades takes place 3 (three) Business Days after such trade. 
   Therefore, Shareholders who acquire Shares after Tuesday, 10 July 2018 will not be eligible to vote at 
   the General Meeting. 
5. If you do not lodge or post the form of proxy to reach the Transfer Secretaries by the relevant time, 
   you will nevertheless be entitled to have the form of proxy lodged immediately prior to the proxy 
   exercising his/her rights at the General Meeting with the chairperson of the General Meeting.  
 
Johannesburg 
21 June 2018 
 
Merchant Bank and Sponsor 
RAND MERCHANT BANK (A division of FirstRand Bank Limited) 

Date: 21/06/2018 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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