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Home » AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by directors and the company secretary of Altron and its major subsidiaries

AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by directors and the company secretary of Altron and its major subsidiaries

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Release Date: 
1 March 2017

AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by directors and the company secretary of Altron and its major subsidiaries
Dealing in securities by directors and the company secretary of Altron and its major subsidiaries

Allied Electronics Corporation Limited
Registration number 1947/024583/06)
Incorporated in the Republic of South Africa)
Share Code: ATN ISIN: ZAE000029658
Share Code: ATNP ISIN: ZAE000029666
("Altron" or "the company")

Dealing in securities by directors and the company secretary of Altron and its major
subsidiaries: Allocation, Award and Grant of Share Appreciation Rights (SARs),
Performance Shares and Bonus Shares in terms of The Altron 2009 Share Plan

In compliance with rule 3.63 of the JSE Listings Requirements, the following information is
disclosed:

Name of director: RE Venter
Designation: Chief Executive
Name of company: Altron
Number of Performance Shares (nil cost): 236 666
Number of Bonus Shares (nil cost): 43 789

Name of director: AMR Smith
Designation: Chief Financial Officer
Name of company: Altron
Number of Performance Shares (nil cost): 98 580
Number of Bonus Shares (nil cost): 36 908

Name of company secretary: WK Groenewald
Designation: Group Company Secretary
Name of company: Altron
Number of SARs: 15758
Allocation price of SARs: R9.90
Value of SARs: R156 004.20
Number of Bonus Shares (nil cost): 6 040

Name of director: PR Riskowitz
Designation: Executive Director
Name of company: Altron TMT Holdings (Pty) Ltd
Number of Performance Shares (nil cost): 76 269
Number of Bonus Shares (nil cost): 15 147

Name of director: AJ Holden
Designation: Executive Director
Name of company: Altron TMT Holdings (Pty) Ltd
Number of Performance Shares (nil cost): 93 987
Number of Bonus Shares (nil cost): 53 804
Name of director: LM Savage
Designation: Executive Director
Name of company: Altron TMT Holdings (Pty) Ltd
Number of Performance Shares (nil cost): 93 987
Number of Bonus Shares (nil cost): 32 880

Name of director: DM Ramaphosa
Designation: Executive Director
Name of company: Altron TMT SA Group (Pty) Ltd
Number of Performance Shares (nil cost): 65 456
Number of Bonus Shares (nil cost): 11 700

Name of director: WH Oosthuysen
Designation: Executive Director
Name of company: Altron TMT (Pty) Ltd
Number of Performance Shares (nil cost): 78 503
Number of Bonus Shares (nil cost): 11 693

Allocation, award and grant dates for above 22 February 2017
transactions:

Acceptance dates for above transactions: 28 February 2017

Nature of above transactions: Off-market allocation, award and grant of
SARs, performance shares and bonus shares
respectively in accordance with the rules of
The Altron 2009 Share Plan

Nature of interest for above transactions: Direct beneficial

Clearance to deal obtained: Yes

Johannesburg
1 March 2017

Sponsor
Investec Bank

Date: 01/03/2017 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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