By LSE RNS
22 September 2017
Datatec Limited
Treasury shares transfer
Datatec Limited ("Datatec" or the "Company", JSE and LSE: DTC), announces the following use of Treasury shares to provide a bonus to a senior employee:
Nature of transaction |
: |
Off market transfer of shares |
Class of security |
: |
Datatec ordinary shares |
|
|
|
Date of transaction |
: |
21 September 2017 |
Number of Datatec shares |
: |
25,307 |
Deemed transfer price |
: |
ZAR 59.2733* |
Transaction value |
: |
ZAR 1,500,000 |
|
|
|
Clearance obtained |
: |
Yes |
After this transfer from Treasury, Datatec has 211,967,622 shares in issue, of which 17,941 are Treasury shares.
* the 30 day volume weighted average share price on 31 August 2017.
Enquiries:
Datatec Limited (www.datatec.com) |
|
Jens Montanana - Chief Executive Officer |
+44 (0) 1753 797 118 |
Ivan Dittrich - Chief Financial Officer |
+27 (0) 11 233 3301 |
Wilna de Villiers - Group Investor Relations Manager |
+27 (0) 11 233 1013 |
Jefferies International Limited - Nominated Advisor and Broker |
|
Nick Adams/Simon Hardy |
+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 |
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