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    DTC   ZAE000017745

DATATEC LIMITED

(DTC)
  Report
End-of-day quote Johannesburg Stock Exchange  -  05-26
37.48 ZAR   +1.00%
05/25BROAD-BASED BLACK ECONOMIC EMPOWERMENT : Annual compliance report
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05/24Datatec Limited Reports Earnings Results for the Full Year Ended February 28, 2022
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05/24Westcon-Comstor reports FY22 financial results
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Datatec Limited Announces Special Dividend

11/29/2021 | 04:00am EDT

Datatec Limited announced that in terms of which the board of directors of the Company notified Shareholders that it had resolved to return an amount of approximately USD 70 million to Shareholders by declaring a gross special cash dividend of ZAR 512 cents ("Special Cash Dividend") per Datatec ordinary share ("Datatec Share") held on the record date, being 26 November 2021 ("Record Date"). Shareholders were advised that they would be entitled to elect to receive a scrip distribution of new, fully paid Datatec Shares in proportion to their ordinary shareholding in Datatec on the Record Date instead of the Special Cash Dividend ("Scrip Distribution" or "Scrip Distribution Alternative"). Shareholders were entitled to receive the Special Cash Dividend of ZAR 512 cents per ordinary Datatec Share in respect of their shareholding as at the close of trading on the JSE on the Record Date, being, 26 November 2021. Shareholders recorded in the register of the Company at the close of business on the Record Date holding 96,393,716 Datatec Shares did not elect to receive the Scrip Distribution Alternative and will therefore receive the gross Special Cash Dividend of ZAR 512 cents per Datatec Share (where applicable, ZAR 409.6 cents per Datatec Share, net of applicable Dividend Withholding Tax) resulting in a total gross Special Cash Dividend of ZAR 493,535,825.92 which was paid out of the distributable retained profits of the Company.


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All news about DATATEC LIMITED
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Financials (USD)
Sales 2023 4 757 M - -
Net income 2023 - - -
Net Debt 2023 - - -
P/E ratio 2023 -
Yield 2023 3,37%
Capitalization 514 M 514 M -
Capi. / Sales 2023 0,11x
Capi. / Sales 2024 0,10x
Nbr of Employees -
Free-Float 85,8%
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Mean consensus BUY
Number of Analysts 0
Last Close Price 2,41 $
Average target price 3,41 $
Spread / Average Target 41,9%
EPS Revisions
Managers and Directors
Jens Peter Montanana Chief Executive Officer & Executive Director
Ivan Philip Dittrich Chief Financial Officer & Executive Director
Maya Makanjee Chairman
Simon P. Morris Secretary, Chief Risk Officer & Compliance Officer
Stephen James Davidson Independent Non-Executive Director
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