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
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