Datatec Limited - Cancellation of AIM listing

RNS Number : 6186Y
Datatec Limited
07 December 2017


7 December 2017


Datatec Limited                                                                


Cancellation of AIM listing


Datatec Limited (JSE/AIM: DTC, "Datatec" or "the Group" or "the Company"), the international Information and Communications Technology (ICT) company, announced on 24 October 2017 that the secondary listing of its shares on the Alternative Investment Market of the London Stock Exchange ("AIM") will cease and cancellation will be effective at 7:00am GMT on 8 December 2017. 


Accordingly, today will be the last day of trading of Datatec shares on AIM.


The primary listing of Datatec shares on the Johannesburg Stock Exchange ("JSE") will continue and is not affected by the cancellation of the AIM listing.


As explained in the previous announcement and in a letter from the Transfer Secretary, Computershare, DI holders will have their DIs removed from CREST and placed on a Jersey share certificate as ordinary shares on 8 December 2017. 


The shares held by existing shareholders on the Jersey Register on 8 December 2017, including those of shareholders who were previously DI holders in CREST, will be transferred from the Computershare UK nominee account on the Jersey register to a Computershare SA custodian account on the Main (South Africa) Register, in the respective shareholder's name. 


This transfer of shares from the Jersey branch register will be undertaken over the weekend 9/10 December 2017 so that on Monday 11 December 2017 all shares from the Jersey Register will have been transferred to the Main Register and the Jersey Register will close. 


Shareholders whose shares have moved to the Main Register from the Jersey Register will then have the option of having their shareholding dematerialised into a Computershare SA CSDP account on the Strate depositary in South Africa or to any other financial institution via a CSDP to enable their shares to be traded on the JSE.  


Shareholders may contact Computershare for assistance by telephone on +27 11 370 5000 or email at [email protected].




Datatec Limited  (www.datatec.co.za)


Ivan Dittrich, Chief Financial Officer

+27 (0) 11 233 3301

Wilna de Villiers, Investor Relations Manager

+27 (0) 11 233 1013



Jefferies International Limited - Nominated Adviser and Broker

Nick Adams / Simon Hardy

+44 (0) 20 7029 8000



Instinctif Partners


Frederic Cornet/Keagile Makgoba (SA)

+27 (0) 11 447 3030

Adrian Duffield/Chantal Woolcock (UK)

+44 (0) 20 7457 2077


This information is provided by RNS
The company news service from the London Stock Exchange

Quick facts: Datatec

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Market: AIM
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