DTC
DTC
DTC - Datatec Limited - Further Announcement regarding Promon-Logicalis Latin
America
Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
FURTHER ANNOUNCEMENT REGARDING PROMON-LOGICALIS LATIN AMERICA
On 11 August 2011, Datatec Limited, "Datatec" or the "Group", (JSE and AIM:
DTC), the international Information and Communications Technology (ICT) group,
announced on SENS that its subsidiary Logicalis Group and its partner in Latin
America, Promon SA ("Promon") had agreed some changes to the ownership structure
of their subsidiary Promon Logicalis Latin America Limited ("PLLAL"), the
regional holding company which represents the business of Logicalis in Latin
America ("the Transaction").
In this regard, shareholders are further advised that BDO Corporate Finance
(Pty) Ltd who was appointed and approved by the JSE as the independent
professional expert to provide a fairness opinion, has confirmed that the
Transaction is fair and their fairness opinion is available for inspection at
Datatec`s registered office until 30 September 2011.
Enquiries:
Datatec Limited (www.datatec.co.za)
Ivan Dittrich - Chief Financial +27 (0) 11 233 1221
Officer
Wilna de Villiers - Group Marketing +27 (0) 11 233 1013
Manager
Jefferies International Limited
Chris Snoxall +44 (0) 20 7029 8000
College Hill
Adrian Duffield/Rozi Morris (UK) +44 (0) 20 7457 2020
Frederic Cornet (SA) +27 (0) 11 447 3030
Sandton
18 August 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 18/08/2011 08:00:04 Produced by the JSE SENS Department.
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