DTC
DTC
DTC - Datatec Limited - Dealing in securities by directors
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")
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 ordinary shares
have been purchased in the market utilising a specified portion of their annual
bonus for the year ended 28 February 2011. These ordinary shares are held in
trust and are pledged until the three year vesting date after which the Company
would make an equal matching award.
Jens Montanana has purchased 40 570 shares in addition to the 10 000 shares
purchased last week and announced on 17 May 2011. Full details of the purchase
are disclosed below in compliance with the JSE Limited ("JSE") Listings
Requirements and the AIM Rules:
Director : J P Montanana
Company : Datatec
Class of security : Ordinary shares
Date of transaction : 23 May 2011
Nature of transaction : On market purchase of shares
Number of securities : 40 570
Purchase price : R37,4480 per ordinary share
Total value of securities : R1 519 265,36
Nature of interest : Indirect beneficial
Clearance obtained : Yes
The above purchase price is an average of several trades on 23 May 2011 when the
share price high on the JSE was R37,65 and the share price low was R37,00.
Following this purchase, Mr Montanana holds 13 606 378 Datatec shares, being
7,3% of the issued share capital. 205 000 of the Datatec shares held by Mr
Montanana are pledged shares under the terms of the Deferred Bonus Plan
including the above purchase and those of the two previous years which are still
within their respective three year vesting periods.
Sandton
24 May 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 24/05/2011 15:00:01 Produced by the JSE SENS Department.
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