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DATATEC:  9,059   -11 (-0.12%)  14/07/2026 19:00

DATATEC LIMITED - Refinancing of Westcon International and Minority Investment - Completion

Release Date: 14/07/2026 08:00
Code(s): DTC     PDF:  
Wrap Text
Refinancing of Westcon International and Minority Investment - Completion

Datatec Limited
Incorporated in the Republic of South Africa
Registration number: 1994/005004/06
ISIN: ZAE000017745
Share codes: JSE: DTC
             OTCQX: DTTLF
("Datatec" or "the Group" or "Company")


REFINANCING OF WESTCON INTERNATIONAL AND MINORITY INVESTMENT - COMPLETION


Datatec shareholders ("Shareholders") are referred to the announcement on SENS on 19 June 2026
which advised that Datatec had, through its subsidiary Westcon International Limited ("WIL"), entered
into binding agreements with Atlantic Park Strategic Capital II Designated Activity Company and Atlantic
Park Strategic Master Fund III, L.P. ("General Atlantic") for the refinancing of Westcon International
Group Holdings Limited ("WIGHL"), the intermediate holding company of the Westcon group of
companies ("Westcon"), as well as a minority investment in WIGHL (the "Transaction"), with an
intended closing date of 14 July 2026.

Shareholders are now advised that Datatec and General Atlantic have agreed the closing date for the
Transaction will be on or about 4 August 2026.


Sponsor
Pallidus Exchange Services Proprietary Limited

Financial Advisor
Lazard & Co., Limited

Legal Advisors
Squire Patton Boggs (UK) LLP


Johannesburg
14 July 2026

Date: 14-07-2026 08:00:00
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