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Datatec Ltd (DTCJ.J)

DTCJ.J on Johannesburg Stock Exchange

4,925.00ZAc
17 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Datatec says pays total gross cash div of 88.5 mln rand
Monday, 28 Nov 2016 02:00am EST 

Datatec Ltd : In terms of scrip distribution, 812,130 new ordinary shares were issued today to shareholders who did not elect to receive cash dividend . This resulted in a capitalisation of distributable retained profits of company of 38.2 mln rand . Shareholders holding 147.5 mln ordinary shares elected to receive gross cash dividend .This resulted in a total gross cash dividend of 88.5 mln rand which was paid out of distributable retained profits of company.  Full Article

Datatec says Dittrich to join as CFO on May 30
Wednesday, 11 May 2016 02:01am EDT 

Datatec Ltd : Change to board of directors - Ivan Dittrich returns as CFO . Ivan Dittrich will join board as chief financial officer (cfo) on 30 May 2016 .Jurgens Myburgh, group's current CFO, has accepted position of CFO of Mediclinic International and will leave Datatec at end of july 2016.  Full Article

Datatec says FY revenue rises to $6.5 bln
Wednesday, 11 May 2016 02:00am EDT 

Datatec Ltd : FY group revenue $6.5 billion (FY15: $6.4 billion) . underlying. earnings per share 32.0 us cents (fy15: 41.8 us cents) .Our expectation at this stage is for an improvement in earnings and operating leverage in FY17..  Full Article

Datatec Ltd's Logicalis acquires Thomas Duryea
Tuesday, 1 Dec 2015 02:00am EST 

Datatec Ltd:Says its subsidiary, Logicalis Group Limited, has acquired 100% of the issued share capital of Thomas Duryea Consulting Pty Ltd, an Australian ICT services and solutions provider.  Full Article

Datatec Ltd announces completion of acquisition of US-based ATIG
Wednesday, 9 Sep 2015 02:00am EDT 

Datatec Ltd:Announces that, following fulfilment of all conditions precedent, its subsidiary Logicalis, Inc., has completed the acquisition, announced on July 29, of Advanced Technology Integration Group from MCPc, Inc., for a total consideration of up to $42 million.  Full Article

Datatec Ltd announces acquisition of ATIG for $42 mln
Wednesday, 29 Jul 2015 02:02am EDT 

Datatec Ltd:Says its subsidiary, Logicalis, Inc. (Logicalis), has conditionally agreed to acquire Advanced Technology Integration Group (ATIG) for up to $42 mln (including contingent consideration) from MCPc Inc (MCPc).Acquisition will consolidate Logicalis' presence in key Midwest region and present significant cross selling opportunities for its services offering. Its offering is highly complementary to Logicalis.MCPc is selling ATIG to focus on their end user computing business, an area where Logicalis does not operate.  Full Article

Datatec Ltd declares final distribution
Wednesday, 13 May 2015 02:00am EDT 

Datatec Ltd:Declared final distribution for year ended Feb. 28, 2015, by way of issue of fully-paid Datatec ordinary shares of one cent each (Scrip Distribution).Distribution payable to ordinary shareholders recorded in register of company at close of business on record date July 17.  Full Article

Datatec Ltd's logicalis acquires Trovus
Wednesday, 6 May 2015 02:02am EDT 

Datatec Ltd:Says that its subsidiary, Logicalis Group Limited, has acquired Trovus, a UK Business Intelligence consultancy, which provides business insight solutions, professional services and managed services to enterprise clients.  Full Article

Datatec Ltd raises FY 2015 outlook
Thursday, 19 Mar 2015 03:00am EDT 

Datatec Ltd:Expects FY 2015 revenues of about $6.4 bln.Expects FY 2015 underlying earnings per share of between $0.41 - $0.43.FY 2015 revenue of $6.1 bln, EPS of $0.43 - Thomson Reuters I/B/E/S.  Full Article

Datatec announces further issue of shares
Wednesday, 18 Feb 2015 06:00am EST 

Datatec Ltd:Announced allotment of 15,200 ordinary 0.01 rand shares following exercise of share options.Application made to London Stock Exchange for admission to Alternative Investment Market, and to JSE Limited for listing of these shares.Listing on both exchanges is expected to become effective on Feb. 19.  Full Article

BRIEF-Datatec sees sequentially and comparatively better second half

* Unaudited Results For The Six Months Ended 31 August 2016, Declaration Of Scrip Distribution With Cash Alternative