Datatec - Exercise Of Options And Subsequent Purchase Of Securities By A
Director
DATATEC LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
(`Datatec`)
EXERCISE OF OPTIONS AND SUBSEQUENT PURCHASE OF SECURITIES BY A DIRECTOR
In compliance with the JSE Securities Exchange South Africa Listings
Requirements, the following information is disclosed:
Director : J P Montanana
Company : Datatec Limited
Date of transaction : 8 December 2004
Class of securities : Ordinary shares
Nature of transaction : Exercise of options and subsequent purchase
of securities
Number of options exercised : 404,000
Strike price : R7.44
Total value of transaction : R3,005,760
Nature and extent of
director`s interest : Indirect beneficial
Clearance obtained : Yes
Sandton
8 December 2004
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
CORPORATE FINANCE
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