DTC Datatec

TIDMDTC

RNS Number : 5898Q

Datatec Limited

30 November 2016

30 November 2016

Datatec Limited

("Datatec")

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with the JSE Limited Listings Requirements and the AIM Rules, the following information is disclosed:

 
 Director                  :    C S Seabrooke 
 Company                   :    Datatec Limited 
 Associate                 :    Subsidiary of Sabvest Limited 
                                 ("Sabvest") which is controlled 
                                 by The Seabrooke Family 
                                 Trust 
 Nature of transactions    :    On market sale of Datatec 
                                 shares by associate 
 
 Date of transaction       :    29 November 2016 
 Date of notification      :    30 November 2016 
 Class of security         :    Ordinary shares of ZAR 0.01 
                                 each 
 Number of shares          :    348 437 
 Average price per         :    ZAR 46.3736 
  share 
 Total transaction         :    ZAR 16 158 278 
  value 
 Highest price traded      :    ZAR 47.00 
 Lowest price traded       :    ZAR 46.00 
 
 Date of transaction       :    30 November 2016 
 Date of notification      :    30 November 2016 
 Class of security         :    Ordinary shares of ZAR 0.01 
                                 each 
 Number of shares          :    151 563 
 Price per share           :    ZAR 45.5901 
 Total transaction         :    ZAR 6 909 772 
  value 
 Highest price traded      :    ZAR 45.60 
 Lowest price traded       :    ZAR 45.59 
 
 Nature of interest        :    Held by associate 
 Clearance obtained        :    Yes 
 
 

Following this sale Sabvest holds no Datatec Shares.

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 30, 2016 10:00 ET (15:00 GMT)

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