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)

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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