Datatec scrip dividend offers 2.64 new shares per 100 shares held

Reuters2026/07/16 09:01

By:Reuters

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Datatec set a gross final cash dividend of ZAR 225 cents per share for the year ended Feb. 28, 2026, with a scrip alternative.
Scrip election ratio set at 2.64489 new shares per 100 shares held on the July 17 record date.
Fractional scrip entitlements round down to whole shares; residual paid in cash using a 10% discounted VWAP basis of ZAR 78.91 per share.
Fractional cash payments under the scrip alternative are not subject to dividend withholding tax; the cash dividend is generally subject to DWT unless exempt.

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: S524201), on July 16, 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 scrip dividend offers 2.64 new shares per 100 shares held

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