In compliance with the AIM Rules, the following information
is disclosed:
Datatec announces the allotment of 605,901 ordinary ZAR0.01
shares as the first of three equal tranches of shares issued
as part consideration for the acquisition of the Netarx
business in the USA by Logicalis which was announced on 4
July 2011. Application has been made to the London
Stock Exchange for the admission of these shares to the
Alternative Investment Market, and to the JSE Limited for the
listing of these shares. Listing on both exchanges is
expected to become effective on 31 January 2011.
In addition Datatec announces the transfer of 10,950 treasury
shares on xx January 2012 from the Datatec Share Incentive
Trust 2005 (the "Trust") to settle the exercise of
share appreciation rights by a participant in the Share
Appreciation Rights Scheme 2005.
Following this listing and transfer from the Trust, Datatec
will have an issued share capital of 186,518,279 ordinary
ZAR0.01 shares of which 173,705 are Treasury Shares held by
the Datatec Share Incentive Trust 2005.
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