Datatec buys back shares for remuneration plans

Datatec Limited has acquired a total of 1,075,338 treasury shares between August 26 and August 29, 2025. These purchases were made on-market as ordinary shares, and clearance was obtained. The company aims to use these shares for future settlements of its employee remuneration plans.

Key transactions include the purchase of 348,654 shares on August 26, 2025, at a volume weighted average price of R 60.8264, totaling R 21,207,368. On August 27, 2025, Datatec acquired 192,914 shares for R 11,775,567 at an average price of R 61.0405. Further purchases on August 28, 2025, involved 41,078 shares at R 62.1164, amounting to R 2,551,617. The final reported acquisition on August 29, 2025, saw 492,742 shares bought at an average price of R 62.9530, with a total value of R 31,019,587.

Following these recent transactions, Datatec now holds 2,312,261 Datatec shares as treasury shares. The highest price paid for a share during this period was R 63.10 on August 29, 2025, while the lowest price traded was R 59.20 on August 26, 2025. The sponsor for these dealings is Pallidus Exchange Services Proprietary Limited.