AEL: ALLIED ELECTRONICS CORPORATION LIMITED – Dealing in securities by a director and an associate of a director

AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by a director and an associate of a director
Dealing in securities by a director and an associate of a director

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

DEALING IN SECURITIES BY A DIRECTOR AND AN ASSOCIATE OF A DIRECTOR

In compliance with the JSE Limited Listings Requirements, the following information is
disclosed:

Name of director                    :            BJ Francis
Designation                         :            Director
Name of company                     :            Altron
Class of securities                 :            Altron A ordinary shares

Date of transaction                 :            24 August 2020
Number of securities                :            2 771
Share price                         :            R21.55
Value of transaction                :            R59 715.05

Date of transaction                 :            25 August 2020
Number of securities                :            10 000
Share price                         :            R22.60
Value of transaction                :            R226 000.00

Date of transaction                 :            27 August 2020
Number of securities                :            9 229
High price                          :            R22.81
Low price                           :            R22.50
Volume weighted price               :            R22.63
Value of transaction                :            R208 852.27

Nature of transaction               :            On-market acquisition of securities
Nature of interest                  :            Direct Benefcial
Clearance to deal obtained          :            Yes

Name of director                    :            SW van Graan
Designation                         :            Director
Name of company                     :            Altron
Class of securities                 :            Altron A ordinary shares
Director´s associate                :            EN van Graan

Date of transaction                 :            26 August 2020
Number of securities                :            25 000
Share price                         :            R22.60
Value of transaction                :            R565 000.00

Nature of transaction               :            On-market acquisition of securities
Nature of interest                  :            Indirect Benefcial
Clearance to deal obtained          :            Yes

Johannesburg
28 August 2020

Sponsor
Investec Bank Limited

Date: 28-08-2020 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.