Edition:
India

Datatec Ltd (DTCJ.J)

DTCJ.J on Johannesburg Stock Exchange

5,440.00ZAc
3:40pm IST
Change (% chg)

30.00 (+0.55%)
Prev Close
5,410.00
Open
5,430.00
Day's High
5,450.00
Day's Low
5,429.00
Volume
31,671
Avg. Vol
677,043
52-wk High
6,499.00
52-wk Low
4,487.00

Latest Key Developments (Source: Significant Developments)

Datatec announces cancellation of AIM listing
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - DATATEC LTD ::SAYS DEC 8 WILL BE LAST DAY OF TRADING OF DATATEC SHARES ON AIM​.  Full Article

Datatec to distribute a special dividend of $350 million​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Datatec Ltd :DATATEC LTD - ‍H1 CONTINUING OPERATIONS: REVENUE US$1.84 BILLION (H1 FY17: US$1.98 BILLION)​.DATATEC LTD - ‍H1 EBITDA US$7.7 MILLION (H1 FY17: US$24.4 MILLION​.DATATEC LTD - ‍H1 UNDERLYING EARNINGS PER SHARE 1.4 US CENTS (H1 FY17: 12.5 US CENTS)​.DATATEC LTD - ‍PLAN TO RETURN US$350 MILLION OF CASH TO SHAREHOLDERS. ANY DEFERRED CONSIDERATION RECEIVED FROM SYNNEX WILL BE RETURNED TO SHAREHOLDERS​.DATATEC LTD - ‍WHILE GROUP'S TRADING IN H1 FY18 HAS BEEN DISAPPOINTING, BOARD EXPECTS A MUCH BETTER PERFORMANCE FROM LOGICALIS IN H2 FY18​.  Full Article

Datatec says cancellation of ‍secondary listing on AIM of London Stock Exchange
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - DATATEC LTD ::‍SECONDARY LISTING OF ITS SHARES ON ALTERNATIVE INVESTMENT MARKET OF LONDON STOCK EXCHANGE WILL CEASE AND CANCELLATION WILL BE EFFECTIVE ON 8 DEC 2017​.  Full Article

Datatec sells SMC consultancy operation to DXC Technology for undisclosed sum​
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Datatec Ltd :LOGICALIS SELLS SMC CONSULTANCY OPERATION.‍SALE TO DXC TECHNOLOGY FOR AN UNDISCLOSED SUM​.‍SUBSIDIARY LOGICALIS GROUP ENTERED AN AGREEMENT TO SELL ITS SERVICE MANAGEMENT CONSULTANCY OPERATION, LOGICALIS SMC​.  Full Article

Datatec completes Westcon-Comstor sale to Synnex Corp
Monday, 4 Sep 2017 

Sept 4 (Reuters) - Datatec Ltd ::COMPLETED SALE OF ITS WESTCON-COMSTOR BUSINESS IN NORTH AMERICA AND LATIN AMERICA AND OF 10 PCT OF REMAINING PART OF WESTCON TO SYNNEX CORP​.‍PROCEEDS OF TRANSACTION COMPRISE $630 MILLION IN CASH ON COMPLETION AND UP TO $200 MILLION PAYABLE AS A CASH EARN-OUT​.‍MAXIMUM CONSIDERATION OF $830 MILLION EQUATES TO AN EQUITY VALUATION OF TOTAL WESTCON-COMSTOR DIVISION OF $1.1 BILLION​.‍BOARD WILL BE REVIEWING OPTIONS FOR USE AND DISTRIBUTION OF CASH PROCEEDS RECEIVED ON CLOSING OF TRANSACTION​.‍WILL CONSIDER RETURNING MAJORITY OF $500 MILLION TO SHAREHOLDERS BY WAY OF SHARE REPURCHASES AND/ OR A SPECIFIC DIVIDEND​.  Full Article

Datatec says Dittrich to join as CFO on May 30
Wednesday, 11 May 2016 

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 

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

BRIEF-Datatec announces cancellation of AIM listing

* SAYS DEC 8 WILL BE LAST DAY OF TRADING OF DATATEC SHARES ON AIM​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)