Datatec CEO lifts hedge ceiling as shares surge

Datatec CEO lifts hedge ceiling as shares surge

Datatec group CEO Jens Montanana Datatec founder and CEO Jens Montanana has restruck a massive collar hedge over 2.4 million of his shares as part of an extension to an equity-funding arrangement – essentially refinancing a loan secured against his stake in the company. According to a JSE investor statement, the transaction involves an off-market…

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Another windfall for Datatec shareholders

Another windfall for Datatec shareholders

Datatec CEO Jens Montanana Datatec is bringing in General Atlantic – a major global growth equity firm – as a minority investor and lender in Westcon-Comstor, its networking and cybersecurity distribution arm. The deal values Westcon at US$950-million (roughly R15.5-billion) and generates about $434-million (R7.1-billion) in cash for Datatec, which it intends to pay out…

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Datatec CEO lifts hedge ceiling as shares surge

AI, cybersecurity power standout year for Datatec

Datatec Group CEO Jens Montanana Datatec Group has delivered a sharp acceleration in earnings for the year ended 28 February 2026, with the JSE-listed international technology distribution and services group benefiting from enterprise AI infrastructure investment and continued cybersecurity expansion across its global operations. Group gross invoiced income – Datatec’s preferred measure of channel activity,…

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Datatec CEO lifts hedge ceiling as shares surge

Datatec is firing on all cylinders

Datatec group CEO Jens Montanana JSE-listed international ICT group Datatec has flagged a sharp jump in earnings for its 2026 financial year, with headline earnings per share (Heps) expected to come in 51-59% higher than the prior year on the back of strong second-half performance from its Westcon International and Logicalis International divisions. In a…

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Investors unimpressed with Datatec results

Investors unimpressed with Datatec results

Datatec CEO Jens Montanana. Datatec’s stock fell 3% this morning, despite the global technology group reporting a 109.5% increase in headline earnings per share for the interim period to end-August. The JSE-listed company’s shares dropped to well below R70 by 10am, even as it delivered strong financial results. Over five years, the stock is up…

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Datatec CEO lifts hedge ceiling as shares surge

Datatec doubles dividend as profits soar

Datatec Group CEO Jens Montanana JSE-listed IT multinational Datatec Group has more than doubled its interim dividend after reporting a 109.5% year-on-year jump in headline earnings per share in the six months to end-August 2025. The group, which owns Westcon and Logicalis, declared a dividend of R1.75/share, up 133.3% compared to the dividend of 75c…

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Investors unimpressed with Datatec results

Datatec CEO Jens Montanana lifts stake to R2.5bn

Datatec CEO Jens Montanana. Datatec CEO Jens Montanana has increased his stake in the company to R2.5 billion through incremental share purchases, underscoring his confidence in the ICT distribution group. Before his latest share purchase yesterday, Montanana was already Datatec’s largest shareholder, surpassing the Public Investment Corporation (PIC), which is Africa’s biggest investment manager, with…

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