Datatec Limited (JSE:DTC) News - Share incentive schemes: dealings in securities by the company Datatec Limited (Incorporated in the Republic of South Africa) (Registration number: 1994/005004/06) ISIN: ZAE000017745 Share Code: DTC ("Datatec" or "the Company") SHARE INCENTIVE SCHEMES: DEALINGS IN SECURITIES BY THE COMPANY Datatec announces the following in relation to its Share Appreciation Rights (“SARs”) Scheme which was originally approved by shareholders at the Company’s annual general meeting held on 16 August 2005 and subsequently amended and approved by shareholders at the annual general meeting held on 14 September 2011. Holders of SARs granted in May 2015 have exercised their SARs and the Company has purchased Datatec shares in the market and transferred them to the SARs holders in settlement of the exercises. In addition, the Company has purchased Datatec shares to be held as Treasury Shares for use in the settlement of employee share-based remuneration plans (including the SAR Scheme and the Conditional Share Plan) in future. Nature of transaction : On market purchase of shares Class of security : Ordinary shares Date of transaction : 24 February 2022 Number of Datatec shares : 17,535 Volume weighted average purchase price : R35.8776 Highest price traded : R36.20 Lowest price traded : R35.32 Transaction value : R629,114 Nature of interest : Direct non-beneficial Clearance obtained : Yes Nature of transaction : Off market transfer of shares to SARs holder Class of security : Ordinary shares Date of transaction : 25 February 2022 Number of Datatec shares : 362 Deemed* transfer price : R38.71 Deemed transaction value : R14,013 Nature of interest : Direct non-beneficial Clearance obtained : Yes Nature of transaction : Off market transfer of shares to SARs holders Class of security : Ordinary shares Date of transaction : 25 February 2022 Number of Datatec shares : 10,435 Deemed* transfer price : R37.11 Deemed transaction value : R373,243 Nature of interest : Direct non-beneficial Clearance obtained : Yes *deemed price is the exercise price of the SARs Nature of transaction : On market purchase of shares Class of security : Ordinary shares Date of transaction : 25 February 2022 Number of Datatec shares : 167,672 Volume weighted average purchase price : R37.7823 Highest price traded : R40.65 Lowest price traded : R36.01 Transaction value : R 6,335,034 Nature of interest : Direct non-beneficial Clearance obtained : Yes Nature of transaction : On market purchase of shares Class of security : Ordinary shares Date of transaction : 28 February 2022 Number of Datatec shares : 375,457 Volume weighted average purchase price : R37.69352 Highest price traded : R38.00 Lowest price traded : R36.75 Transaction value : R14,152,295 Nature of interest : Direct non-beneficial Clearance obtained : Yes Following these transactions, the Company holds 549,867 of its own shares as Treasury Shares for use in the settlement of employee share-based remuneration plans. 2 March 2022 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 02-03-2022 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.