DTC Datatec

TIDMDTC

RNS Number : 5176F

Datatec Limited

28 July 2016

28 July 2016

Datatec Limited

("Datatec" or "the Company")

DEALING IN SECURITIES BY DIRECTORS, AN ASSOCIATE AND THE COMPANY SECRETARY

In compliance with the JSE Listings Requirements and the AIM Rules, the following information is disclosed in respect of those directors of the Company and the Company Secretary who received Datatec shares in respect of their shareholdings in the Company under the terms of the Scrip Distribution, the results of which were announced on 25 July 2016:

 
 Date of transaction      :    22 July 2016 
 Class of security        :    Ordinary shares 
 Nature of transaction    :    Off market (primary issue) 
 
 Deemed price per         :    R44.10 
  Scrip Distribution 
  share 
 
 Director                 :    S J Davidson 
 Associate                :    J E Davidson (spouse) 
 Number of shares         :    196 
 Total transaction        :    R8 644 
  value 
 Nature of interest       :    Associate 
 Clearance obtained       :    Voluntarily obtained 
 
 Director                 :    J F McCartney 
 Number of shares         :    23 337 
 Total transaction        :    R1 029 162 
  value 
 Nature of interest       :    Indirect beneficial 
 Clearance obtained       :    Yes 
 
 Director                 :    L W Nkuhlu 
 Number of shares         :    9 
 Total transaction        :    R397 
  value 
 Nature of interest       :    Direct beneficial 
 Clearance obtained       :    Yes 
 
 Director                 :    J P Montanana 
 Number of shares         :    35 813 
 Total transaction        :    R1 579 353 
  value 
 Nature of interest       :    Indirect beneficial 
 Clearance obtained       :    Yes 
 
 Company Secretary        :    S P Morris 
 Number of shares         :    3 030 
 Total transaction        :    R133 623 
  value 
 Nature of interest       :    Direct beneficial 
 Clearance obtained       :    Yes 
 
 

After the Scrip Distribution the total shareholding of directors is 16 603 997 which constitutes 7,82% of the issued share capital of the Company. Mr Montanana's shareholding is 15 169 941 which constitutes 7,18% of the issued share capital of the Company.

Enquiries:

 
 Datatec Limited (www.datatec.com) 
 Jens Montanana - Chief Executive        +44 (0) 1753 
  Officer                                     797 118 
 Ivan Dittrich - Chief Financial       +27 (0) 11 233 
  Officer                                        3301 
 Wilna de Villiers - Group             +27 (0) 11 233 
  Investor Relations Manager                     1013 
 
   Jefferies International Limited - Nominated 
   Advisor and Broker 
                                      +44 (0) 20 7029 
 Nick Adams/Alex Collins                         8000 
 
   finnCap - Broker 
                                      +44 (0) 20 7220 
 Stuart Andrews                                  0500 
 
   Instinctif Partners 
 Adrian Duffield/Chantal Woolcock     +44 (0) 20 7457 
  (UK)                                           2020 
 Frederic Cornet/Pietman Roos          +27 (0) 11 447 
  (SA)                                           3030 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 28, 2016 06:00 ET (10:00 GMT)

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