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A E C I Limited - Dealing In Securities

Release Date: 30/09/2015 08:45:00      Code(s): AFE     
AECI LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1924/002590/06)
Share code: AFE     ISIN No. ZAE000000220
(?AECI? or ?the Company?)

Dealing in securities

In compliance with the JSE Limited Listings Requirements, shareholders are advised of the following dealings
in AECI?s securities by a third party intermediary (?the intermediary?).

A hedging transaction was entered into with the intermediary to enable the Company to settle its future
obligation to employees participating in the Long-term Incentive Plan (?the Plan?) approved by shareholders in
2012. In terms of the rules of the Plan, the shares are due for delivery to participating employees on 20
November 2015 (?delivery date?). On this date the shares held by the intermediary will be made available by
this intermediary to participating employees, in settlement of their entitlements in terms of the Plan.

Settlement by the Company of the total value of the transaction (being R96 101 920,51) will be effected in two
equal tranches, the first of which was paid upon completion of the share purchases by the intermediary and
the second will be paid on the delivery date.

Name                     AECI Limited

Nature of transaction    On-market purchase of shares

Class of securities      Ordinary shares

Details of transaction by intermediary

                   Date     No. of shares             VWAP        Maximum price         Minimum price
                                                    (Cents)              (Cents)               (Cents)
           23 June 2015           138 436         11328,65             11400,00              11200,00
           24 June 2015            13 444         11285,75             11415,00              11159,00
                                   25 927         11121,25             11307,00              11034,00
           25 June 2015            64 453         11389,82             11478,00              11235,00
           26 June 2015            23 760         11268,40             11400,00              11171,00
           29 June 2015            74 927         11097,41             11100,00              11091,00
           30 June 2015            37 450         11189,23             11500,00              11090,00
            1 July 2015            46 832         11510,83             11600,00              11401,00
            2 July 2015            34 503         11373,18             11455,00              11262,00
            3 July 2015            17 805         11792,53             11915,00              11556,00
            6 July 2015            24 589         11729,93             11900,00              11602,00
            7 July 2015           279 771         11963,90             11990,00              11801,00
            8 July 2015             48 103        11900,00             11900,00              11900,00
                                                 

Total number of
shares purchased          830 000

Total value of
transaction               R96 101 920,51
 
Nature of interest        Direct beneficial

Clearance obtained        Yes


Woodmead, Sandton
30 September 2015


Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 30/09/2015 08:45:00 Supplied by www.sharenet.co.za                     
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