AEL: ALLIED ELECTRONICS CORPORATION LIMITED – Dealing in Securities by a Director of a Major Subsidiary

AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in Securities by a Director of a Major Subsidiary
Dealing in Securities by a Director of a Major Subsidiary

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 OF A MAJOR SUBSIDIARY

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

Director                                 :               Mr AJ Holden
Title                                    :               Director
Company                                  :               Altron TMT Holdings (Pty) Ltd

Date of transaction                      :               15 May 2019
Number of securities                     :               11 249
Nature of transaction                    :               On-market purchase of securities
Class of securities                      :               Altron A ordinary shares
Share price                              :               R22.27
Value of transaction                     :               R250 515.23
Nature of interest                       :               Direct Beneficial
Clearance to deal obtained               :               Yes

Date of transaction                      :               14 May 2019
Number of securities                     :               8 939
Nature of transaction                    :               On-market purchase of securities
Class of securities                      :               Altron A ordinary shares
Share price                              :               R22.2927
Value of transaction                     :               R199 274.45
Nature of interest                       :               Direct Beneficial
Clearance to deal obtained               :               Yes

Date of transaction                      :               13 May 2019
Number of securities                     :               20 000
Nature of transaction                    :               On-market purchase of securities
Class of securities                      :               Altron A ordinary shares
Share price                              :               R 22.00
Value of transaction                     :               R 440 000.00
Nature of interest                       :               Direct Beneficial
Clearance to deal obtained               :               Yes

Johannesburg
16 May 2019

Sponsor
Investec Bank Limited

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