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Datatec Limited - Clarification Announcement Finalisation Announcement In Respect Of The Special Cash Dividend Of R23 Per Share

Release Date: 02/01/2018 08:33
Code(s): DTC
 
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Clarification Announcement – Finalisation Announcement in respect of the special cash dividend of R23 per share

Datatec Limited
Incorporated in the Republic of South Africa
(Registration Number: 1994/005004/06)
JSE share code: DTC
ISIN: ZAE000017745
("Datatec" or the "Company", JSE: DTC)

CLARIFICATION ANNOUNCEMENT – FINALISATION ANNOUNCEMENT IN RESPECT OF
THE SPECIAL CASH DIVIDEND OF R23 PER SHARE TO ORDINARY SHAREHOLDERS WITH
AN ELECTION TO RECEIVE NON-RENOUNCEABLE CAPITALISATION ISSUE SHARES IN
LIEU OF THE CASH DIVIDEND

Further to the finalisation announcement released by the Company on the Stock Exchange News
Service ("SENS") on Friday, 22 December 2017, the Company wishes to clarify that the ratio of
entitlement to receive a scrip distribution of fully paid capitalisation ordinary shares (“Shares”) in
respect of all or a part of their shareholding as at the close of business on the Record Date, being
Friday, 12 January 2018 ("the Scrip Distribution"), is 67.19252 fully paid-up capitalisation issue
Shares for every 100 Shares held and not 67.19071 as previously stated.

The salient dates for the proposed special cash dividend of R23,00 per ordinary Share to
Shareholders and Scrip Distribution alternative, as contained in the circular dated Friday, 8
December 2017, have not been amended and remains unchanged. Any change will be announced
on SENS.


Johannesburg
2 January 2018

Transaction Sponsor
Pallidus Capital Proprietary Limited

Corporate Finance Advisor
Avior Capital Markets Proprietary Limited

Date: 02/01/2018 08:33:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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