Enhanced Investments - Financial Portal

Share based payment grants and dealings in securities by directors and the company secretary

Published: 2022-07-12 18:00:37 ET

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")


Share based payment grants and dealings in securities by directors and the
company secretary
Datatec announces the following in relation to its Conditional Share Plan (“CSP”) which was approved by
shareholders at the Company’s annual general meeting held on 14 September 2017.

CSP awards in respect of Datatec ordinary shares have been granted to participants on 11 July 2022
following approval thereof by the Remuneration Committee. The awards are subject to the Rules of the CSP
and will vest after three years, subject to the Group meeting the performance condition set by the
Remuneration Committee which is based on absolute total shareholder return.

Executive directors and the company secretary have accepted CSP awards granted, as follows:

  Name                         Number of CSP awards       Nature of interest

  Executive directors
  J P Montanana                505,436                    indirect beneficial
  I P Dittrich                 178,588                    direct beneficial
  Company secretary
  S P Morris                   79,709                     direct beneficial

The face value of these awards is R39.14 per award, being the 30-day volume weighted average share price
on 24 May 2022, the date of the Group’s FY22 Results Announcement. However, the value to the participant
is nil until (and if) the awards vest. On vesting of the CSP awards, a further announcement of the total
transaction value received by the participants will be released on SENS.

Approval for the individual CSP awards to the directors and the company secretary and clearance to deal has
been given and these individual CSP awards have been accepted, off market, on 11 July 2022.


12 July 2022

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.