DTC
DTC
DTC - Datatec Limited - Further issue of shares and change of joint broker name
DATATEC LIMITED (Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
FURTHER ISSUE OF SHARES AND CHANGE OF JOINT BROKER NAME
1) FURTHER ISSUE OF SHARES
In compliance with the AIM Rules, the following information is disclosed:
Datatec Limited announces the allotment of 1 834 090 ordinary ZAR0.01 shares at
a price of R32,6385 by means of a vendor consideration placing to fund the final
profit related payment of $7,88 million for the Promon-Logicalis transaction
announced on 17 March 2008. Application has been made for the admission of
these shares to the AIM market of the London Stock Exchange, and to the JSE
Limited for the listing of these shares. Listing on both exchanges is expected
to become effective on 30 June 2010.
After the allotment of these shares, Datatec Limited will have 184 558 692
ordinary ZAR0.01 shares in issue of which 815 463 are Treasury shares. The
figure of 183 743 229 may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, Datatec Limited under the FSA`s
Disclosure and Transparency Rules.
2) CHANGE OF JOINT BROKER NAME
Datatec Limited been advised that, with effect from 30 April 2010, its joint
Broker has changed its name to finnCap Ltd.
Sandown
29 June 2010
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 29/06/2010 13:00:01 Produced by the JSE SENS Department.
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