The Purchase Of The Landmark Business From Datacen
Consulting And Leon Theron
Press Release
DATACENTRIX HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/006413/06)
Share code: DCT ISIN code: ZAE000016051
("Datacentrix" or "the company")
THE PURCHASE OF THE LANDMARK BUSINESS FROM DATACENTRIX INFRASTRUCTURE
OPTIMISATION (PROPRIETARY) LIMITED BY JMR CONSULTING (PROPRIETARY) LIMITED
AND LEON THERON
Introduction
Datacentrix Infrastructure Optimisation (Proprietary) Limited ("DIO"), a
wholly owned subsidiary of Datacentrix, is a corporate integrator of
information technology infrastructure optimisation products and services,
and is, inter alia, a solution provider in the performance management arena
with the Landmark product set. Landmark is a solution for the mainframe
environment whilst Datacentrix has a clear focus on Wintel and Unix based
solutions.
JMR Consulting (Proprietary) Limited and Leon Theron ("The Purchasers") will
acquire the Landmark business of DIO from Datacentrix. Leon Theron, an
executive director of Datacentrix, was one of the original vendors that sold
DIO to Datacentrix.
Effective date
The Purchasers will acquire the Landmark business conducted by DIO, as a
going concern, with effect from 1 November 2001.
Purchase consideration
The purchase price payable for the Landmark business is R3.16 million.
The Purchasers will acquire the customer contracts and the three staff
members of the Landmark business of DIO. The purchase price includes all the
support and maintenance obligations incurred in the normal course of the
Landmark business of DIO.
Financial effects of the transaction
The transaction will have no material effect on the earnings per share,
headline earnings per share or net asset value of Datacentrix.
Resignation of executive director
Leon Theron will resign as executive director from the Datacentrix board
with immediate effect.
Pretoria
22 November 2001
Sponsor
Barnard Jacobs Mellet Corporate Finance (Proprietary) Limited
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