Dealings 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 “Altron Group”)

DEALING IN SECURITIES BY A PRESCRIBED OFFICER AND DIRECTOR OF A MAJOR SUBSIDIARY OF THE
ALTRON GROUP

In compliance with paragraph 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is
disclosed:

Director : Mr AJ Holden
Company : Altron TMT Holdings (Pty) Limited (major subsidiary
of Altron)
Date of transaction : 22 February 2021
Number of securities : 17 615
Class of securities : Altron A ordinary shares
VWAP : R11.91
Highest Price per Share : R12.20
Lowest Price per Share : R11.87
Total value of transaction : R209,831.64
Nature of transaction : Sale of shares in the open market
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : Mr AJ Holden
Company : Altron TMT Holdings (Pty) Limited (major subsidiary
of Altron)
Date of transaction : 23 February 2021
Number of securities : 17 520
Class of securities : Altron A ordinary shares
VWAP : R11.91
Highest Price per Share : R12.19
Lowest Price per Share : R11.69
Total value of transaction : R205,388.71
Nature of transaction : Sale of shares in the open market
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : Mr AJ Holden
Company : Altron TMT Holdings (Pty) Limited (major subsidiary
of Altron)
Date of transaction : 24 February 2021
Number of securities : 159 505
Class of securities : Altron A ordinary shares
VWAP : R11.85
Highest Price per Share : R12.02
Lowest Price per Share : R11.69
Total value of transaction : R1, 890, 309.71
Nature of transaction : Sale of shares in the open market
Nature of interest : Direct beneficial
Clearance obtained : Yes

In addition to being a director of a major subsidiary of the Altron Group, Mr AJ Holden is also a prescribed
officer of the Altron Group (Chief Operating Officer).
Johannesburg
25 February 2021

Sponsor
Investec Bank Limited

Date: 25-02-2021 05:26:00
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