Datatec sets cash payment basis for fractional scrip dividend entitlements at ZAR 4,676.27029 cents

Bitget2026/10/15 08:00

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Datatec set cash compensation for fractional scrip entitlements at ZAR 4,676.27029 cents per share, using October 14, 2026 VWAP discounted 10%.
The scrip alternative replaces a special cash dividend of ZAR 2,900 cents per share, totaling ZAR 7.05 billion.
Shareholders can elect scrip for all or part of their holdings on the October 16, 2026 record date.
Entitlements are rounded down to whole shares, yielding 57 new shares per 100 held, with fractional entitlements paid in cash.
Scrip distributions and fractional cash payments are exempt from dividend withholding tax; fractional payments may attract income or capital gains tax.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Datatec Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S604977), on October 15, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Datatec sets cash payment basis for fractional scrip dividend entitlements at ZAR 4,676.27029 cents

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