06 Oct - 2 min read

Trading statement

Trading statement

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

TRADING STATEMENT

Datatec Limited (JSE: DTC, "Datatec" or "the Group" or "the Company"), the international Information and
Communications Technology (ICT) company is publishing a trading statement for the six months ended 31
August 2021 ("H1 FY22"). The comparative six months ended 31 August 2020 is referred to as "H1 FY21"
throughout this announcement.

Shareholders are referred to the trading update for H1 FY22 published on SENS on 15 September 2021.

In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement
as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the
period to be reported on next will differ by at least 20% from the previous corresponding reporting period.

Datatec now expects that all earnings per share metrics for H1 FY22 will be more than 100% higher than
the reported earnings for H1 FY21:

    -   Underlying* earnings per share is expected to be between 8.0 and 8.5 US cents (H1 FY21: 3.9
        US cents), being 4.1 to 4.6 US cents (more than 100%) higher than H1 FY21.
    -   Headline earnings per share is expected to be between 6.1 and 6.4 US cents (H1 FY21: 1.6 US
        cents), being 4.5 to 4.8 US cents (more than 100%) higher than H1 FY21.
    -   Earnings per share is expected to be between 6.1 to 6.4 US cents (H1 FY21: 1.6 US cents), being
        4.5 to 4.8 US cents (more than 100%) higher than H1 FY21.

Forecast information
The estimated financial information contained in this trading statement has not been reviewed nor
reported on by the Group’s external auditors.

The Company expects to release its interim results for H1 FY22 on or about 28 October 2021.


* underlying earnings per share excludes impairments of goodwill and intangible assets, profit or loss on
sale of investments and assets, amortisation of acquired intangible assets, unrealised foreign exchange
movements, acquisition-related adjustments, fair value movements on acquisition-related financial
instruments, restructuring costs relating to fundamental reorganisations and the taxation effect of all of
the aforementioned.

Sandton
6 October 2021

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 06-10-2021 08:00:00
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