Share based payment grants - dealings in securities by directors and the company secretary Datatec Limited (Incorporated in the Republic of South Africa) (Registration number: 1994/005004/06) ISIN: ZAE000017745 Share Code: DTC ("Datatec" or "the Company" or "the Group") Share based payment grants - dealings in securities by directors and the company secretary Datatec announces the following in relation to its Conditional Share Plan (“CSP”) and Deferred Bonus Plan (“DBP”) which were approved by shareholders at the Company’s annual general meeting held on 14 September 2017. CSP awards have been granted to participants on 1 June 2019 following approval by the Remuneration Committee. The awards are subject to the Rules of the CSP and will vest after three years subject to the Group meeting certain performance conditions set by the Remuneration Committee based on underlying earnings per share and return on invested capital targets. Executive directors and the company secretary have today accepted CSP awards granted as follows: Name Number of CSP awards Nature of interest J P Montanana 538 870 indirect beneficial I P Dittrich 190 212 direct beneficial S P Morris 83 400 direct beneficial The face value of these awards is R33.05* per award but the value to the participant is nil until (and if) the awards vest. On vesting of the CSP awards a further announcement of the value received by the participants will be released. Approval for the individual CSP awards to the directors and the company secretary and clearance to deal has been given and these individual CSP awards have been accepted, off market, on 4 June 2019. Participants in the DBP have deferred a portion of their FY19 bonus to be used to purchase Datatec shares. The amount of bonus deferred was matched by an equal contribution from the Company as determined by the Remuneration Committee under the terms of the 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. Forfeitable DBP shares were transferred from the Company’s pool of Treasury shares to the participants in the DBP today as follows: 870 342 shares transferred from Treasury at a value of R33.05* per share totalling R28 764 803. After this transfer the Company holds 650,000 Treasury shares. In compliance with the JSE Limited Listings Requirements, the following information is given in respect of the DBP grant participants who are directors and the company secretary: Company : Datatec Limited Class of security : Ordinary shares (forfeitable until vesting) Nature of transactions : Off market receipt of forfeitable DBP shares Date of transaction : 4 June 2019 Director : J P Montanana Number of securities : 702 407 Total value of securities : R23 214 551 Nature of interest : Indirect beneficial Clearance obtained : Yes Director : I P Dittrich Number of securities : 82 636 Total value of securities : R2 731 120 Nature of interest : Direct beneficial Clearance obtained : Yes Company Secretary : S P Morris Number of securities : 57 148 Total value of securities : R1 888 741 Nature of interest : Direct beneficial Clearance obtained : Yes Approval for the individual DBP awards to the directors and the company secretary and clearance to deal has been given and these individual DBP awards have been accepted, off market, on 4 June 2019. * the 30-day volume weighted average share price on 16 May 2019, the date of the Group’s FY19 Results Announcement. 4 June 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 04/06/2019 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.