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")
1) DEALING IN SECURITIES BY DIRECTORS
In compliance with the JSE Listings Requirements, the following information is
disclosed:
Director : C S Seabrooke
Date of transaction : 30 October 2008
Nature of transaction : Purchase of Datatec shares
Class of security : Ordinary shares of ZAR 0.01 each
Number of shares : 100 000
Purchase price per share : R14,30
Total transaction value : R1 430 000
Nature of interest : Indirect non-beneficial
Clearance obtained : Yes
Director : J P Montanana
Date of transaction : 31 October 2008
Nature of transaction : Exercise of share options
Number of options : 350 000
Strike price per option : R8,88
Total exercise value : R3 108 000,00
Nature of interest : Indirect beneficial
Clearance obtained : Yes
Director : J P Montanana
Date of transaction : 31 October 2008
Nature of transaction : Exercise of share options
Number of options : 350 000
Strike price per option : R9,69
Total exercise value : R3 391 500,00
Nature of interest : Indirect beneficial
Clearance obtained : Yes
Director : J P Montanana
Date of transaction : 30 October 2008
Nature of transaction : Sale of Datatec shares
Class of security : Ordinary shares of ZAR 0.01 each
Number of shares : 500 000
Selling price : R14.13
Total transaction value : R7 065 000
Nature of interest : Indirect beneficial
Clearance obtained : Yes
Additional comment : These shares have been sold principally to
fund the exercise of share options by Mr
Montanana announced above.
2) FURTHER ISSUE OF SHARES
In Compliance with the AIM Rules, the following information is disclosed:
Datatec announces the allotment of 700,000 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 Limited for the listing of these shares. Listing on both
exchanges is expected to become effective on 6 November 2008.
Sandton
31 October 2008
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 31/10/2008 17:00:01 Produced by the JSE SENS Department.
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