DTC
DTC
DTC - Datatec - Dealing in Securities by Directors and Further Issue of Shares
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")
1) DEALING IN SECURITIES BY DIRECTORS
In compliance with the JSE Listings Requirements, the following information is
disclosed:
Director : J P Montanana
Date of transaction : 1 June 2007
Nature of transaction : Exercise of share options
Number and strike price
of options : 700 000 @ R10,96
202 369 @ R7,44
Total exercise value : R 9 177 625,36
Nature of interest : Indirect beneficial
Clearance obtained : Yes
Director : Christopher Stefan Seabrooke
Date of transaction : 31 May 2007
Nature of transaction : Sale of Datatec ordinary shares
Number of shares : 300 000 @ R40,40
Total transaction value : R 12 120 000
Nature of interest : Indirect beneficial / non-beneficial
Clearance obtained : Yes
Additional comment : See below.
Director : Christopher Stefan Seabrooke
Date of transaction : 31 May 2007
Nature of transaction : Purchase of Datatec ordinary shares
Number of shares : 300 000 @ R40,40
Total transaction value : R 12 120 000
Nature of interest : Indirect beneficial / non-beneficial
Clearance obtained : Yes
Additional comment : No effective change in shareholding - part of a
subsidiary re-organisation by an investment group
which is controlled by The Seabrooke Family Trust
which has a 67% controlling and 33% beneficial
interest.
2) FURTHER ISSUE OF SHARES
In Compliance with the AIM Rules, the following information is disclosed:
Datatec announces the allotment of 940 694 ordinary ZAR0.01 shares following the
exercise of share options (including those exercised by a Director, above).
Application has been made to the London Stock Exchange for the admission of
these shares to the Alternative Investment Market, and to the JSE for the
listing of these shares. Listing on both exchanges is expected to become
effective on 7 Jun 2007.
Sandton
4 June 2007
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 04/06/2007 10:00:01 Produced by the JSE SENS Department. |