DATATEC LIMITED - Treasury shares transfer | |
14 August 2018 17:00 | |
DTC 201808140051A Treasury shares transfer Datatec Limited (Incorporated in the Republic of South Africa) (Registration number: 1994/005004/06) Share code: DTC ISIN: ZAE000017745 Treasury shares transfer Datatec Limited ('Datatec' or the 'Company', JSE: DTC), announces the following use of Treasury shares to provide a bonus to a senior employee (who is not a director of the Company nor of a Major Subsidiary): Nature of transaction : Off market transfer of shares Class of security : Datatec ordinary shares Date of transaction : 13 August 2018 Number of Datatec shares : 68 556 Deemed transfer price : R 21,88* Transaction value : R 1 500 000 Clearance obtained : Yes After this transfer from Treasury, Datatec has 242 960 000 shares in issue, of which 14 315 are Treasury shares. * the 30 day volume weighted average share price on 31 July 2018. 14 August 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 14/08/2018 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 14 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 August 2018 15:20:09 UTC