DATATEC LIMITED - Results of the scrip distribution and the cash dividend alternative
30 November 2015 9:00
DTC 201511300015A
Results of the scrip distribution and the cash dividend alternative

(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC


Datatec ordinary shareholders ("Shareholders") are referred to the announcement released on the Stock
Exchange News Service of the JSE Limited on Friday, 13 November 2015 ("the announcement") regarding the
ratio applicable to the Company's declaration of an interim distribution of fully-paid Datatec ordinary shares of
one cent each ("Scrip Distribution Shares") to Shareholders recorded in the register at the close of business on
the Record Date, being Friday, 27 November 2015 ("Record Date").

As set out in the announcement, Shareholders not electing to receive the Cash Dividend in respect of all or part
of their shareholding were entitled to receive that number of Scrip Distribution Shares determined in the ratio
of 1.76056 Scrip Distribution Shares for every 100 ordinary shares held on the Record Date.

In terms of the Scrip Distribution, 464 367 new ordinary shares were issued today to Shareholders who did not
elect to receive the Cash Dividend in respect of all or part of their shareholding, resulting in a capitalisation of
the distributable retained profits of the Company of ZAR 27,694,848. Shareholders recorded in the register of
the Company at the close of business on the Record Date holding 182 608 451 ordinary shares elected to
receive the gross Cash Dividend of 105 ZAR cents per ordinary share (4.920 UK pence per share for shares held
on the Jersey register), resulting in a total gross Cash Dividend of ZAR 191,738,874, which was paid out of the
distributable retained profits of the Company.

Application to list these shares has been made to the JSE Limited and to the London Stock Exchange for the
admission of these shares to the Alternative Investment Market. Listing on both exchanges is expected to
become effective today. After the Scrip Distribution the Company has an issued share capital of 209 448 161
Ordinary shares of ZAR 0.01 each.

Share certificates will be dispatched to certificated Shareholders and Central Securities Depository Participant /
broker accounts of dematerialised Shareholders will be credited today. Payment of the Cash Dividend will also
be made today.


Datatec Limited ( )
Jens Montanana, Chief Executive Officer                                                    +44 (0) 1753 797118
Jurgens Myburgh, Chief Financial Officer                                                    +27 (0) 11 233 3301
Wilna de Villiers, Investor Relations Manager                                               +27 (0) 11 233 1013

Jefferies International Limited – Nominated Advisor and Broker
Nick Adams/Alex Collins                                                                   +44 (0) 20 7029 8000

finnCap – Broker
Stewart Andrews                                                                           +44 (0) 20 7220 0500
Instinctif Partners
Adrian Duffield/Chantal Woolcock (UK)                                                     +44 (0) 20 7457 2020
Frederic Cornet/Pietman Roos (SA)                                                          +27 (0) 11 447 3030

30 November 2015

Merchant bank and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 30/11/2015 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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