DTC
DTC
DTC - Datatec Limited - Dealing in securities by a director
Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
("Datatec" or "the Company")
DEALING IN SECURITIES BY A DIRECTOR
Pursuant to the announcement on 21 May 2012, a director has purchased
further shares in Datatec in terms of the Datatec Limited Deferred Bonus
Plan 2005 as amended and approved by shareholders at the AGM on 14
September 2011("DBP"). The ordinary shares have been purchased in the
market utilising a specified portion of annual bonus for the year ended 29
February 2012. These ordinary shares are held in trust and are pledged
until the three year vesting date after which the Company would make a
matching award subject to performance conditions.
Jens Montanana has purchased shares bringing his total purchase as pledged
shares under the DBP for this year to 150,000. Full details of the
purchase are disclosed below in compliance with the JSE Limited Listings
Requirements, and the AIM Rules:
Director : J P Montanana
Company : Datatec
Class of security : Ordinary shares
Nature of transactions : On market purchase of shares
Date of transaction : 21 May 2012
Reported to the Company : 22 May 2012
Number of securities : 59 869
Purchase price* : R45,3892 per ordinary share
Total value of securities : R 2 717 406,01
Nature of interest : Indirect beneficial
Clearance obtained : Yes
*The above purchase price is an average of several trades on 21 May. The
highest share price at which Mr Montanana traded was ZAR 45,50 and the
lowest share price was ZAR 45,00.
After these purchases Mr Montanana holds 13 756 378 Datatec shares
comprising 7,36% of the Company`s issued share capital.
22 May 2012
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 22/05/2012 17:30:02 Produced by the JSE SENS Department.
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