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DATATEC LIMITED - Dealings in securities by a director

Release Date: 23/07/2019 17:00
Code(s): DTC     PDF:  
Wrap Text
Dealings in securities by a director

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 A DIRECTOR

Datatec announces the following dealing in securities of the Company by a
director in compliance with the JSE Listings Requirements:

Director                                :        J P Montanana
Company                                 :        Datatec Limited
Class of security                       :        Ordinary shares
Nature of transaction                   :        On-market sale of shares

Date of transaction                     :        17 July 2019
Number of securities                    :        110 000
Volume weighted average sale price      :        R36.15
Highest price traded                    :        R36.50
Lowest price traded                     :        R36.00
Transaction value                       :        R3 976 500

Date of transaction                     :        18 July 2019
Number of securities                    :        400 000
Volume weighted average sale price      :        R35.96
Highest price traded                    :        R36.18
Lowest price traded                     :        R35.88
Transaction value                       :        R 14 384 000

Nature of interest                      :        Indirect beneficial
Clearance obtained                      :        Yes

Following these transactions, Mr Montanana holds 24 370 000 shares in the
Company representing 11.5% of the issued share capital.

23 July 2019

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

Date: 23/07/2019 05:00:00
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