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Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
JSE Share code: DTC
ISIN: ZAE000017745
("Datatec")
REPORT ON PROCEEDINGS AT THE GENERAL MEETING
A general meeting (“the Meeting”) of the shareholders of Datatec was held today Friday, 2 September 2022 in order to vote on the Category 1 Transaction, being the
sale of the Analysys Mason group (“the Transaction”), as described in the SENS announcement released on 30 June 2022. The ordinary resolution proposed at the
Meeting was unaltered from that reflected in the Notice of Meeting contained in the Circular distributed to shareholders on 5 August 2022 and the resolution was
approved by 99.98% of the votes.
The shareholder vote approving the Transaction was a condition precedent for the completion of the Transaction and Shareholders are advised that all other conditions
precedent have also been fulfilled. Completion is therefore expected by the end of September 2022.
DETAIL OF VOTING STATISTICS AT THE MEETING
Datatec confirms the voting statistics from the Meeting as follows:
Total number of shares in issue 221 745 341
Treasury shares (excluded from voting) -
Total number of shares represented (including proxies) at the meeting 203,855,165
Proportion of total voteable shares represented at the meeting 91,93%
Votes cast disclosed as a Shares voted Shares abstained
Resolution percentage of the total disclosed as a disclosed as a
number of shares voted percentage of percentage of
at the meeting Number of the total the total issued
For Against shares voted issued shares shares
Ordinary resolution 1: approval of the Transaction 99,98% 0,02% 203,833,400 91,92% 0,01%
Sandton
2 September 2022
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
