DTC - Datatec - Dealings in securities by directors and company secretary
18 May 2009 17:00
DTC
DTC                                                                             
DTC - Datatec - Dealings in securities by directors and company secretary       
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) GRANT AND ACCEPTANCE OF RIGHTS TO PARTICIPATE IN SHARE INCENTIVE PLANS       
Executive directors and the company secretary have been granted rights on 15 May
2009 to participate in the Group`s share based incentive plans as follows:      
Share appreciation rights, which are subject to performance conditions and vest 
after three years, at a grant price of R15,59:                                  
J P Montanana  495 496 rights (indirect beneficial)                             
I P Dittrich   132 305 rights (direct beneficial)                               
S P Morris      90 735 rights (direct beneficial)                               
Long term incentive plan awards, which are subject to performance conditions and
vest after three years:                                                         
J P Montanana  495 496 conditional awards (indirect beneficial)                 
I P Dittrich    99 229 conditional awards (direct beneficial)                   
S P Morris      68 051 conditional awards (direct beneficial)                   
All rights and rewards are subject to the rules of the respective share         
incentive plans, as approved by shareholders at the annual general meeting held 
on 16 August 2005.                                                              
Approval for the individual allocations and clearance to transact has been      
given.                                                                          
All these individual allocations as indicated above have been accepted by the   
directors and the company secretary respectively on 15 May 2009.                
2) DEALING IN SECURITIES BY DIRECTORS                                           
Executive directors have purchased shares in Datatec in terms of the Datatec    
Limited Deferred Bonus Plan 2005 ("Deferred Bonus Plan"). The shares have been  
purchased in the market utilising a specified portion of their annual bonus for 
the year ended 28 February 2009. These shares are held in trust and are pledged 
until the three year vesting date whereafter the Company will make an equal     
matching award.                                                                 
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed regarding the shares purchased:                        
Director                      :    J P Montanana                                
Company                       :    Datatec Limited                              
Class of security             :    Ordinary shares                              
Date of transaction           :    15 May 2009                                  
Nature of transaction         :    Purchase                                     
Number of securities          :    80 000                                       
Purchase price                :    R15,125 per ordinary share                   
Total value of transaction    :    R1 210 000                                   
Nature of                                                                       
director`s interest           :    Indirect beneficial                          
Clearance obtained            :    Yes                                          
Director                      :    I P Dittrich                                 
Company                       :    Datatec Limited                              
Class of security             :    Ordinary shares                              
Date of transaction           :    15 May 2009                                  
Nature of transaction         :    Purchase                                     
Number of securities          :    3 300                                        
Purchase price                :    R14,90 per ordinary share                    
Total value of transaction    :    R49 170                                      
Nature of                                                                       
director`s interest           :    Direct beneficial                            
Clearance obtained            :    Yes                                          
Sandton                                                                         
18 May 2009                                                                     
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 18/05/2009 17:00:03 Produced by the JSE SENS Department.                  
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