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

AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by an associate of a director and a director
Dealing in securities by an associate of a director and 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 AN ASSOCIATE OF A DIRECTOR AND A DIRECTOR

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

Name of director                    :            MJ Leeming
Designation                         :            Director
Name of company                     :            Altron
Class of securities                 :            Altron A ordinary shares
Director´s associate                :            Sovereign Trust (Guernsey) Limited

Date of transaction                 :            28 July 2020
Number of securities                :            30 000
Share price                         :            R19.9938
Value of transaction                :            R599 815.00

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

Name of director                    :            RE Venter
Designation                         :            Director
Name of company                     :            Altron
Class of securities                 :            Altron A ordinary shares

Date of transaction                 :            27 July 2020
Number of securities                :            200 000
Share price                         :            R19.94
Value of transaction                :            R3 988 000.00

Nature of transaction               :            On-market sale of securities for
                                                 financial planning purposes
Nature of interest                  :            Direct Beneficial
Clearance to deal obtained          :            Yes

Johannesburg
30 July 2020

Sponsor
Investec Bank Limited

Date: 30-07-2020 09:00:00
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