Try our mobile app

Dealings in Securities by the DBW Plan, further information

Published: 2023-06-12 18:00:34 ET
<<<  go to JSE:DTC company page
Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
("Datatec" or "the Company" or "the Group")


Dealings in securities by the DBW Plan, further information

Datatec announced the annual grants under the terms of its Deferred Bonus Warrants
Plan (“DBW Plan”) in an announcement on SENS dated 2 June 2023 (“Announcement”).

In the Announcement, shareholders were informed that the DBW Plan was in the
process of acquiring shares in the market for the bonus deferrals of participants
including the Directors and Company Secretary. Details of the market purchases up
to and including 31 May 2023 were provided.

The remaining purchases for the DBW Plan have now been effected in the market with
prior clearance at a volume-weighted-average price of R 37.5422 per share and a
total transaction value of R9,522,998. Details of the daily transactions are given
below:

Date of        Number of    Average    Highest   Lowest    Transaction value
transaction    securities   purchase   price     price
                            price      traded    traded
                                 R        R          R              R
6-Jun -23         171,968   37.0896    37.10     36.99          6,378,224
8-Jun -23          48,520   38.1523    38.35     37.82          1,851,150
9-Jun -23          33,173   38.9963    39.30     38.43          1,293,624

These transactions complete the on-market purchase of 358,394 Datatec shares
required for the 2023 DBW grant. The volume-weighted-average price for the total
DBW purchase (including the above transactions and the ones reported on 2 June
2023) was R37.5040 per share and the total transaction value was R 13,441,203.


12 June 2023

Sponsor
Pallidus Exchange Services Proprietary Limited