DTC Datatec

TIDMDTC

RNS Number : 4565Q

Datatec Limited

29 November 2016

29 November 2016

Datatec Limited

("Datatec" or "the Company")

DEALING IN SECURITIES BY DIRECTORS 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 28 November 2016:

 
 Date of transaction      :    28 November 2016 
 Class of security        :    Ordinary shares 
 Nature of transaction    :    Off market (primary issue) 
 
 Deemed price per         :    R 46.99 
  Scrip Distribution 
  share 
 
 Director                 :    S J Davidson 
 Number of shares         :    84 
 Total transaction        :    R 3 947 
  value 
 Nature of interest       :    Associate 
 Clearance obtained       :    Yes 
 
 Director                 :    I P Dittrich 
 Number of shares         :    584 
 Total transaction        :    R 27 442 
  value 
 Nature of interest       :    Indirect beneficial 
 Clearance obtained       :    Yes 
 
 Director                 :    J F McCartney 
 Number of shares         :    9 960 
 Total transaction        :    R 468 020 
  value 
 Nature of interest       :    Indirect beneficial 
 Clearance obtained       :    Yes 
 
 Company Secretary        :    S P Morris 
 Number of shares         :    1 293 
 Total transaction        :    R 60 758 
  value 
 Nature of interest       :    Direct beneficial 
 Clearance obtained       :    Yes 
 
 

After the Scrip Distribution the total shareholding of directors is 16 512 988 which constitutes 7,79% of the issued share capital of the Company.

Enquiries:

 
 Datatec Limited (www.datatec.com 
  ) 
 Jens Montanana, Chief Executive 
  Officer                             +44 (0) 1753 797118 
 Ivan Dittrich, Chief Financial 
  Officer                             +27 (0) 11 233 3301 
 Wilna de Villiers, Investor 
  Relations Manager                   +27 (0) 11 233 1013 
 
 Jefferies International Limited - Nominated Advisor 
  and Broker 
 Nick Adams/Alex Collins             +44 (0) 20 7029 8000 
 
 finnCap - Broker 
 Stuart Andrews                      +44 (0) 20 7220 0500 
 
 Instinctif Partners 
 Adrian Duffield/Chantal Woolcock 
  (UK)                               +44 (0) 20 7457 2020 
 Frederic Cornet/Pietman Roos 
  (SA)                                +27 (0) 11 447 3030 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 29, 2016 10:00 ET (15:00 GMT)

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