TIDMDTC

RNS Number : 6132L

Datatec Limited

20 July 2017

20 July 2017

Datatec Limited

("Datatec" or "the Company")

Dealing in securities by a director

In compliance with the JSE Listings Requirements and the AIM Rules, the following information is disclosed:

 
 Director                 :    J P Montanana 
 Company                  :    Datatec Limited 
 Nature of transaction    :    On market sale of Datatec 
                                shares 
 Class of security        :    Ordinary shares of ZAR 
                                0.01 each 
 
 Date of transaction      :    14 July 2017 
 Number of shares         :    47,877 
 Average price per        :    ZAR 59.40 
  share 
 Day transaction          :    ZAR 2,843,893.80 
  value 
 Highest price traded     :    ZAR 59.40 
 Lowest price traded      :    ZAR 59.40 
 
 Date of transaction      :    17 July 2017 
 Number of shares         :    49,967 
 Average price per        :    ZAR 59.24 
  share 
 Day transaction          :    ZAR 2,959,804.04 
  value 
 Highest price traded     :    ZAR 59.49 
 Lowest price traded      :    ZAR 59.20 
 
 Date of transaction      :    18 July 2017 
 Number of shares         :    100,000 
 Average price per        :    ZAR 57.13 
  share 
 Day transaction          :    ZAR 5,712,800.00 
  value 
 Highest price traded     :    ZAR 58.78 
 Lowest price traded      :    ZAR 56.13 
 
 Total transaction        :    ZAR 11,516,497.84 
  value 
 Date of notification     :    19 July 2017 
 Nature of interest       :    Indirect beneficial 
 Clearance obtained       :    Yes 
 

Following this transaction, Mr Montanana has a beneficial interest in 15,000,000 Datatec Shares representing approximately 7.08% of the total voting rights in the Company.

Enquiries:

 
 Datatec Limited (www.datatec.co.za) 
 Jens Montanana, Chief Executive 
  Officer 
  Ivan Dittrich, Chief Financial                         +44 (0) 1753 797118 
  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 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

July 20, 2017 05:00 ET (09:00 GMT)

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