DATATEC LIMITED - Logicalis sells SMC consultancy operation
10 October 2017 14:00
DTC 201710100028A
Logicalis sells SMC consultancy operation

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


Datatec Limited ("Datatec”), the international Information and Communication Technology (ICT)
group, announces that its subsidiary Logicalis Group Limited (“Logicalis”), has entered an agreement
to sell its service management consultancy operation, Logicalis SMC (“SMC”), based in the
Netherlands to DXC Technology (NYSE: DXC) for an undisclosed sum.

Logicalis acquired SMC on 4 March 2013 as one of the four European operations purchased from
2e2. Under Logicalis’ ownership, the SMC business has grown significantly and now employs 184

SMC will join the DXC Technology ServiceNow practice within Fruition Partners, a DXC Technology
company and a leading global ServiceNow platform.

The transaction will enable Logicalis to continue to have a trading relationship with SMC whilst
releasing funds to reinvest in Logicalis’ core operations and further mergers and acquisitions (M&A)

Jens Montanana, Datatec Chief Executive Officer, commented:

“This realisation represented outstanding value for us to divest a non-core business while
allowing Logicalis’ excellent business relationship with SMC to continue under new

This announcement is voluntary in terms of the JSE Listings Requirements and AIM Rules. The
transaction size does not fall within the category requirements of the JSE Listings Requirements or
the AIM class tests.


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

Jefferies International Limited – Nominated Adviser and Broker
Nick Adams/Simon Hardy                                                      +44 (0) 20 7029 8000

Instinctif Partners
Frederic Cornet/ Keagile Makgoba (SA)                                        +27 (0) 11 447 3030
Adrian Duffield/Chantal Woolcock (UK)                                       +44 (0) 20 7457 2020

10 October 2017

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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