DATATEC LIMITED - General repurchase of shares | |
11 June 2018 17:15 | |
DTC 201806110050A General repurchase of shares Datatec Limited (Incorporated in the Republic of South Africa) (Registration number: 1994/005004/06) ISIN: ZAE000017745 Share Code: DTC ('Datatec') GENERAL REPURCHASE OF SHARES Datatec, the international Information and Communications Technology (ICT) company, has recently received feedback from a number of its shareholders following the release of its results for the financial year ended 28 February 2018 on 17 May 2018. The feedback indicated that several shareholders are supportive of Datatec obtaining a new general repurchase authority from shareholders without waiting until the next annual general meeting of Datatec. Accordingly, the Board has decided to issue a circular as soon as possible convening a general meeting of shareholders for the purposes of voting on a special resolution to authorise a general repurchase of shares in terms of the Listings Requirements of the JSE Limited, without waiting until the next annual general meeting as previously communicated. An announcement will be released on the Stock Exchange News Service, advising shareholders of the posting of the circular and notice of general meeting. Johannesburg 11 June 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 11/06/2018 05:15:00 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 11 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 June 2018 15:42:05 UTC