| DTC - Datatec - Dealing In Securities By Directors | |
| 13 July 2007 17:45 | |
DTC
DTC
DTC - Datatec - Dealing In Securities By Directors And Company Secretary 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 AND COMPANY SECRETARY
In compliance with the JSE Limited ("JSE") Listings Requirements, the following
information is disclosed in relation to the exercise of share options previously
granted to a non-executive director of Westcon Group, Inc. a major subsidiary of
the Company:
Director : John F McCartney
Date of transaction : 11 July 2007
Nature of transaction : Exercise of share options and
subsequent sale of shares
Number and strike price
of options : 78 178 @ R18,06
Total exercise value : R 1 411 894.68
Details of share sale : 78 178 @ R42,9449
Value of securities : R 3 357 346.40
Nature of interest : Direct beneficial
Clearance obtained : Yes
Additional comment : See below.
Director : John F McCartney
Date of transaction : 12 July 2007
Nature of transaction : Exercise of share options and
subsequent sale of shares
Number and strike price
of options : 14 562 @ R18,06
Total exercise value : R 262 989.72
Details of share sale : 14 562 @ R42,75
Value of securities : R 622 525.50
Nature of interest : Direct beneficial
Clearance obtained : Yes
Additional comment : See below.
Director : John F McCartney
Date of transaction : 13 July 2007
Nature of transaction : Exercise of share options and
subsequent sale of shares
Number and strike price
of options : 4 854 @ R18,06
Total exercise value : R 87 663.24
Details of share sale : 4 854 @ R42.77
Value of securities : R 207 605.58
Nature of interest : Direct beneficial
Clearance obtained : Yes
Additional comment : See below.
The three transactions above constitute the exercise of remaining share options
granted to Mr McCartney under the previous remuneration policy. Current Datatec
policy precludes the granting of new share options to non-executive directors
and, as announced on 11 July, Mr McCartney will join the Datatec Board on 16
July.
In compliance with the JSE Limited ("JSE") Listings Requirements, the following
information is disclosed in relation to the exercise of share options previously
granted to an executive director:
Director : David Brian Pfaff
Date of transaction : 11 July 2007
Nature of transaction : Exercise of share options and
subsequent sale of shares
Number and strike price
of options : 195 532 @ R7,44
Total exercise value : R 1 454 758.08
Details of share sale : 195 532 @ R42,9449
Value of securities : R 8 397 120.19
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : David Brian Pfaff
Date of transaction : 12 July 2007
Nature of transaction : Exercise of share options and
subsequent sale of shares
Number and strike price
of options : 36 422 @ R7,44
Total exercise value : R 270 979.68
Details of share sale : 36 422 @ R42,75
Value of securities : R 1 557 040.50
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : David Brian Pfaff
Date of transaction : 13 July 2007
Nature of transaction : Exercise of share options and
subsequent sale of shares
Number and strike price
of options : 12 141 @ R7,44
Total exercise value : R 90 329.04
Details of share sale : 12 141 @ R42,77
Value of securities : R 519 270.57
Nature of interest : Direct beneficial
Clearance obtained : Yes
In compliance with the JSE Limited ("JSE") Listings Requirements, the following
information is disclosed in relation to the exercise of share options previously
granted to the Company Secretary:
Company Secretary : Simon Morris
Date of transaction : 11 July 2007
Nature of transaction : Exercise of share options and
subsequent sale of shares
Number and strike price
of options : 9 382 @ R10,96
: 6 254 @ R9,69
Total exercise value : R 163 427.98
Details of share sale : 15 636 @ R42,9449
Value of securities : R 671 486.46
Nature of interest : Direct beneficial
Clearance obtained : Yes
Company Secretary : Simon Morris
Date of transaction : 12 July 2007
Nature of transaction : Exercise of share options and
subsequent sale of shares
Number and strike price
of options : 1 747 @ R10,96
: 1 165 @ R9,69
Total exercise value : R 30 435.97
Details of share sale : 2 912 @ R42,75
Value of securities : R 124 508.76
Nature of interest : Direct beneficial
Clearance obtained : Yes
Company Secretary : Simon Morris
Date of transaction : 13 July 2007
Nature of transaction : Exercise of share options and
subsequent sale of shares
Number and strike price
of options : 583 @ R10,96
: 388 @ R9,69
Total exercise value : R 10 149.40
Details of share sale : 971 @ R42,77
Value of securities : R41 529.67
Nature of interest : Direct beneficial
Clearance obtained : Yes
2) FURTHER ISSUE OF SHARES
In Compliance with the AIM Rules, the following information is disclosed:
Datatec announces the allotment of 515 024 ordinary ZAR0.01 shares following the
exercise of share options. 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 17 July 2007.
Sandton
13 July 2007
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 13/07/2007 17:45:02 Produced by the JSE SENS Department. |
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