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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