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DATATEC LIMITED - Dealings in securities by the company

Release Date: 06/12/2019 15:00
Code(s): DTC     PDF:  
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Dealings in securities by the company

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 THE COMPANY

Datatec announces the purchase of Datatec shares by the Company to be held
as treasury shares in order to meet future settlements of the Company’s
share-based remuneration schemes:

Nature of transaction                   :   On market purchase of shares
Class of security                       :   Ordinary shares

Date of transaction                     :   4 December 2019
Number of Datatec shares                :   282,093
Average purchase price                  :   R32.7279
Highest price traded                    :   R32.95
Lowest price traded                     :   R32.53
Transaction value                       :   R9 232 311.50

Date of transaction                     :   5 December 2019
Number of Datatec shares                :   49,687
Average purchase price                  :   R32.7484
Highest price traded                    :   R32.75
Lowest price traded                     :   R32.70
Transaction value                       :   R1 627 169.75

Nature of interest                      :   Direct non-beneficial
Clearance obtained                      :   Yes

After these purchases the Company holds 1,000,000 Datatec shares as
treasury shares to be used in settlement of share-based remuneration
awards.


6 December 2019

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

Date: 06-12-2019 03:00:00
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