DTC 201607250005A
Results of the scrip distribution and the cash dividend alternative
DATATEC LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
RESULTS OF THE SCRIP DISTRIBUTION AND THE CASH DIVIDEND ALTERNATIVE
Datatec ordinary shareholders (“Shareholders”) are referred to the announcement released on the Stock
Exchange News Service of the JSE Limited on Tuesday, 12 July 2016 (“the announcement”) regarding the ratio
applicable to the Company’s declaration of a final 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, 22 July 2016 (“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 3.08390 Scrip Distribution Shares for every 100 ordinary shares held on the Record Date.
In terms of the Scrip Distribution, 1 707 331 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 R 75 293 297. Shareholders recorded in the register of
the Company at the close of business on the Record Date holding 154 079 645 ordinary shares elected to
receive the gross Cash Dividend of 136 cents per ordinary share (7.23 UK pence per share for shares held on
the Jersey register), resulting in a total gross Cash Dividend of R 209 548 317 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 211 155 492
Ordinary shares of one cent 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.
Enquiries:
Datatec Limited (www.datatec.com )
Jens Montanana, Chief Executive Officer +44 (0) 1753 797118
Ivan Dittrich, 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
Stuart 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
Sandton
25 July 2016
Merchant bank and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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