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United Kingdom

Datatec Ltd (DTCJ.J)

DTCJ.J on Johannesburg Stock Exchange

2,255.00ZAc
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Change (% chg)

14.00 (+0.62%)
Prev Close
2,241.00
Open
2,350.00
Day's High
2,350.00
Day's Low
2,232.00
Volume
295,112
Avg. Vol
688,800
52-wk High
6,423.00
52-wk Low
1,715.00

Latest Key Developments (Source: Significant Developments)

Datatec Sees FY HEPS Down At Least 20 Pct
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - Datatec Ltd ::‍FY HEADLINE EARNINGS PER SHARE WILL BE AT LEAST 20 PCT (AT LEAST 0.4 US CENTS) LOWER THAN 2.0 US CENTS REPORTED IN FY17​.FY ‍UNDERLYING EARNINGS PER SHARE WILL BE AT LEAST 20 PCT (AT LEAST 2.2 US CENTS) LOWER THAN 11.0 US CENTS REPORTED IN FY17​.‍FINANCIAL RESULTS FOR FY18 WILL DIFFER BY AT LEAST 20 PCT FROM PREVIOUS CORRESPONDING PERIOD​.FOR 2018 ‍UNDERLYING* EARNINGS PER SHARE WILL BE AT LEAST 20 PCT (AT LEAST 2.2 US CENTS) LOWER THAN 11.0 US CENTS REPORTED IN FY17​.FOR 2018 ‍HEADLINE EARNINGS PER SHARE WILL BE AT LEAST 20 PCT (AT LEAST 0.4 US CENTS) LOWER THAN 2.0 US CENTS REPORTED IN FY17​.  Full Article

Datatec Clarifies Ratio Of Entitlement To Receive Scrip Distribution
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Datatec Ltd ::‍CLARIFIES RATIO OF ENTITLEMENT TO RECEIVE SCRIP DISTRIBUTION IS 67.19252 SHARES FOR EVERY 100 SHARES HELD AND NOT 67.19071 AS STATED​ BEFORE.  Full Article

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