Datatec scrip dividend sets ratio at 57 shares per 100 held
Bitget2026/10/06 09:00Datatec set a scrip alternative to its special cash dividend of 2,900 ZAR cents per share, payable to holders on Oct. 16, 2026. Election ratio set at 57.28241 new shares per 100 shares, based on a 30-day VWAP less the dividend of 5,062.63652 ZAR cents. Fractional entitlements will be rounded down to whole shares, with cash paid for the remainder using an Oct. 14 VWAP discounted by 10%. Cash amount for fractions is due on Oct. 15, 2026; the scrip alternative is not subject to South African dividend withholding 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: S604390), on October 06, 2026, and is solely responsible for the information contained therein.
- Datatec set a scrip alternative to its special cash dividend of 2,900 ZAR cents per share, payable to holders on Oct. 16, 2026.
- Election ratio set at 57.28241 new shares per 100 shares, based on a 30-day VWAP less the dividend of 5,062.63652 ZAR cents.
- Fractional entitlements will be rounded down to whole shares, with cash paid for the remainder using an Oct. 14 VWAP discounted by 10%.
- Cash amount for fractions is due on Oct. 15, 2026; the scrip alternative is not subject to South African dividend withholding tax.
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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