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Home » AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by a director and director´s associate

AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by a director and director´s associate

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Release Date: 
15 December 2017

AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by a director and director´s associate
Dealing in securities by a director and director´s associate

ALLIED ELECTRONICS CORPORATION LIMITED
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code: AEL ISIN: ZAE000191342

DEALING IN SECURITIES BY A DIRECTOR AND DIRECTOR´S ASSOCIATE

In compliance with paragraph 3.63 - 3.64 of the JSE Limited Listings
Requirements, the following information is disclosed:

Director : Mr M Nyati
Company : Allied Electronics Corporation
Limited
Date of transaction : 15 December 2017
Number of securities : 70 812
Nature of transaction : On-market acquisition of securities
Class of securities : Altron A ordinary shares
Share price : R12.00
Total value of transaction : R849 744.00
Nature of interest : direct, Beneficial
Clearance obtained : Yes

Director : Mr M Nyati
Company : Allied Electronics Corporation
Limited
Date of transaction : 15 December 2017
Number of securities : 10 000
Nature of transaction : On-market acquisition of securities
Class of securities : Altron A ordinary shares
Share price : R11.98
Total value of transaction : R119 800.00
Nature of interest : direct, Beneficial
Clearance obtained : Yes

Director : Mr M Nyati
Company : Allied Electronics Corporation
Limited
Date of transaction : 15 December 2017
Number of securities : 2 521
Nature of transaction : On-market acquisition of securities
Class of securities : Altron A ordinary shares
Share price : R11.80
Total value of transaction : R29 747.00
Nature of interest : direct, Beneficial
Clearance obtained : Yes

Director : Mr AC Ball
Director : Mr S Sithole
Company : Allied Electronics Corporation
Limited
Director´s Associate : H4 Collective Investments (RF)
Proprietary Limited act on behalf
of the H4 Qualified Investor Hedge
Fund Scheme in respect of the Value
Active PFP H4 QI Hedge Fund ("the
Fund"). Value Capital Partners
Proprietary Limited (in which Mr AC
Ball and Mr S Sithole each have a
50% interest)are the advisors to
Peregrine Fund Platform Proprietary
Limited, the registered Fund
investment manager, while Mr AC
Ball and Mr S Sithole are the
portfolio managers
Company : Allied Electronics Corporation
Limited

Date of transaction : 14 December 2017
Number of securities : 88 567
Nature of transaction : On-market acquisition of securities
Class of securities : Altron A ordinary shares
Share price : R11.2024
Total value of transaction : R992 162.96
Nature of interest : Indirect, Beneficial
Clearance obtained : Yes

Date of transaction : 13 December 2017
Number of securities : 189 169
Nature of transaction : On-market acquisition of securities
Class of securities : Altron A ordinary shares
Share price : R11.3228
Total value of transaction : R2 141 922.75
Nature of interest : Indirect, Beneficial
Clearance obtained : Yes

Johannesburg
15 December 2017

Sponsor
Investec Bank Limited

Date: 15/12/2017 04:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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