01 Jun - 1 min read

Dealing in securities by a director

Dealing in securities by a director

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


In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:

Director                                :   Jens Montanana
Company                                 :   Datatec
Date of transaction                     :   31 May 2021
Nature of transaction                   :   Termination of off market
                                            finance arrangement entered into with 
                                            an institutional lender on 8 March 2017 in terms 
                                            of which Datatec shares were pledged as security.
Class of security                       :   Ordinary shares
Number of shares pledged                :   1 000 000
Deemed value per pledged share          :   R 28.9055
Deemed value of transaction             :   R 28 905 502
Nature of interest                      :   Indirect beneficial
Clearance obtained                      :   Not required

1 June 2021

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 01-06-2021 05:00:00
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