AEL: ALLIED ELECTRONICS CORPORATION LIMITED - TRP121: Notification of an acquisition of beneficial interest in securities TRP121: Notification of an acquisition of beneficial interest in securities Allied Electronics Corporation Limited (Registration number 1947/024583/06) (Incorporated in the Republic of South Africa) Share code: AEL ISIN: ZAE000191342 ("Altron" or "the Company") TRP121: NOTIFICATION OF AN ACQUISITION OF BENEFICIAL INTEREST IN SECURITIES In compliance with section 122(3)(b) of the Companies Act, 71 of 2008 (the Companies Act), Regulation 121(2)(b) of the Companies Act Regulations 2011 and paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised that Altron has received notification from Coronation Asset Management Proprietary Limited, on behalf of its clients (Coronation Asset Management), of the acquisition by Coronation Asset Management of Altron shares, such that Coronation Asset Management now holds 25.13% of Altron´s total issued ordinary shares. As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notice with the Takeover Regulation Panel on 20 February 2020. Johannesburg 20 February 2020 Sponsor: Investec Bank Limited Date: 20-02-2020 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.