Share based payment grants and 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 and 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. 1) CSP CSP awards in respect of Datatec ordinary shares have been granted to participants on 17 June 2020 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 absolute total shareholder return and underlying earnings per share. Executive directors and the company secretary have accepted CSP awards granted as follows: Name Number of CSP awards Nature of interest J P Montanana 782 719 indirect beneficial I P Dittrich 276 286 direct beneficial S P Morris 116 295 direct beneficial The face value of these awards is R24.12* 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, today 18 June 2020. 2) DBP Participants in the DBP have deferred a portion of their FY20 bonus to be used to purchase Datatec shares. The Company made a co-investment equal to the amount of bonus deferred 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. In addition there is a two-year post vesting holding period. Forfeitable DBP shares were transferred from the Company’s pool of Treasury shares to the participants in the DBP on 17 June 2020 as follows: 574 466 shares transferred from Treasury at a value of R24.12* per share totalling R13 856 120. After this transfer the Company holds no 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 : 17 June 2020 Director : J P Montanana Number of securities : 432 353 Total value of securities : R 10 428 354 Nature of interest : Indirect beneficial Clearance obtained : Yes Director : I P Dittrich Number of securities : 69 317 Total value of securities : R1 671 926 Nature of interest : Direct beneficial Clearance obtained : Yes Company Secretary : S P Morris Number of securities : 40 756 Total value of securities : R983 035 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 18 June 2020. * the 30-day volume weighted average share price on 27 May 2020, the date of the Group’s FY20 Results Announcement. 3) 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 : 12 June 2020 Number of securities : 430 000 Volume weighted average sale price : R 27.234 Highest price traded : R 28.00 Lowest price traded : R 25.64 Total value of securities : R11 710 620 Nature of interest : Indirect beneficial Clearance obtained : Yes Following these transactions, Mr Montanana holds 25 992 443 shares in the Company representing 12.9% of the issued share capital. 18 June 2020 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 18-06-2020 05:00:00 Produced by the JSE SENS Department. 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