DATATEC LIMITED - Dealings in securities by share incentive trust and the company | |
23 May 2019 17:00 | |
DTC 201905230069A Dealings in securities by share incentive trust and the company Datatec Limited (Incorporated in the Republic of South Africa) (Registration number: 1994/005004/06) ISIN: ZAE000017745 Share Code: DTC ('Datatec' or 'the Company') DEALINGS IN SECURITIES BY SHARE INCENTIVE TRUST AND THE COMPANY Datatec announces the purchase of Datatec shares by the Datatec Employee Share Incentive Trust 2005 ('the Trust') and by the Company to be held as treasury shares in order to meet forthcoming settlements of the Company's share-based remuneration schemes: 1) Purchases of Datatec shares by the Trust: Nature of transaction : On market purchase Class of security : Datatec ordinary shares Date of transaction : 17 May 2019 Number of Datatec shares : 285,683 Average purchase price : R 32.5193 Highest price traded : R 32.75 Lowest price traded : R 32.25 Transaction value : R 9,290,211.18 Date of transaction : 20 May 2019 Number of Datatec shares : 93,088 Average purchase price : R 32.8637 Highest price traded : R 33.20 Lowest price traded : R 32.43 Transaction value : R 3,059,216.11 Date of transaction : 21 May 2019 Number of Datatec shares : 52,633 Average purchase price : R 33.8905 Highest price traded : R 34.00 Lowest price traded : R 33.67 Transaction value : R 1,783,758.69 Date of transaction : 22 May 2019 Number of Datatec shares : 404,281 Average purchase price : R 34.8267 Highest price traded : R 34.85 Lowest price traded : R 34.47 Transaction value : R 14,079,773.10 Nature of interest : Direct non-beneficial Clearance obtained : Yes After these purchases the Trust holds 850,000 Datatec shares as treasury shares. 2) Purchases of Datatec shares by the Company: Datatec has purchased its own shares to be used in settlement of share- based remuneration awards as follows: Nature of transaction : On market purchase Class of security : Datatec ordinary shares Date of transaction : 20 May 2019 Number of Datatec shares : 953,896 Average purchase price : R 32.8241 Highest price traded : R 33.00 Lowest price traded : R 32.75 Transaction value : R 31,310,777.69 Date of transaction : 21 May 2019 Number of Datatec shares : 132,883 Average purchase price : R 33.4071 Highest price traded : R 33.50 Lowest price traded : R 33.00 Transaction value : R 4,439,235.67 Date of transaction : 22 May 2019 Number of Datatec shares : 884,087 Average purchase price : R 34.8488 Highest price traded : R 34.85 Lowest price traded : R 34.80 Transaction value : R 30,809,371.05 Nature of interest : Direct non-beneficial Clearance obtained : Yes After these purchases the Company holds 1,970,866 Datatec shares as treasury shares. In total the Trust and the Company together hold 2,820,866 Datatec shares as treasury shares to be used in settlement of share-based remuneration awards. 23 May 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 23/05/2019 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. | |
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Datatec Ltd. published this content on 23 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 May 2019 15:42:01 UTC