ALLIED ELECTRONICS CORPORATION LTD - Director's Dealings

Director's Dealings

Allied Electronics Corporation Limited
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share code: AEL ISIN: ZAE000191342
Share code: AEN ISIN: ZAE000191359
("Altron" or "the company")

Dealing in securities by directors

In compliance with rule 3.63 of the JSE Listings Requirements, the following information is disclosed:

Name of director                          :            CG Venter
Designation                               :            Executive Director
Company                                   :            Altron
Date of transaction                       :            21 October 2014
Class of securities                       :            Altron N ordinary shares
Number of securities                      :            21 189
Price sold                                :            R19.68 per share
Value of transaction                      :            R416 999.52
Nature of transaction                     :            Sale of shares in the open market pursuant to the vesting
                                                       and exercise of Altron bonus shares (Altron N ordinary
                                                       shares) in terms of The Altron 2009 Share Plan as
                                                       adopted and approved by shareholders
Nature of interest                        :            Direct beneficial
Clearance to deal obtained                :            Yes



Name of director                          :            Dr WH Oosthuysen
Designation                               :            Executive Director
Company                                   :            Altron TMT (Pty) Ltd
Date of transaction                       :            21 October 2014
Class of securities                       :            Altron N ordinary shares
Number of securities                      :            15 182
Price sold                                :            R19.68 per share
Value of transaction                      :            R298 781.76
Nature of transaction                     :            Sale of shares in the open market pursuant to the vesting
                                                       and exercise of Altron bonus shares (Altron N ordinary
                                                       shares) in terms of The Altron 2009 Share Plan as
                                                       adopted and approved by shareholders

Nature of interest                        :            Direct beneficial
Clearance to deal obtained                :            Yes


Johannesburg
22 October 2014

Sponsor
Investec Bank

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