Cautionary announcement
Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
(“Datatec” or “the Company”)
CAUTIONARY ANNOUNCEMENT
Shareholders were previously advised that the Board of Directors of
Datatec had engaged Lazard & Co., Limited to assist with a
comprehensive evaluation of strategic options and initiatives (the
“Strategic Review”) to unlock and maximise shareholder value going
forward.
Pursuant to the Strategic Review, shareholders are advised that Datatec
has entered into negotiations in relation to a potential transaction
regarding Analysys Mason, which, if successfully concluded, may have a
material effect on the price of the Company's shares. Accordingly,
shareholders are advised to exercise caution when dealing in their
Datatec shares until a further announcement is made.
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Sandton
24 May 2022
Date: 24-05-2022 08:00:00
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