DATATEC LIMITED - Treasury shares transfer

Release Date: 14/08/2018 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                     :       13 August 2018
 Number of Datatec shares                :       68 556
 Deemed transfer price                   :       R 21,88*
 Transaction value                       :       R 1 500 000

 Clearance obtained                      :       Yes

After this transfer from Treasury, Datatec has 242 960 000 shares in issue, of which 14 315 are Treasury
shares.

* the 30 day volume weighted average share price on 31 July 2018.


14 August 2018

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

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