A E C I LIMITED - Dealings in securities by a director of a major subsidiary

Dealings in securities by a director of a major subsidiary

AECI LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1924/002590/06)
Share code: AFE ISIN: ZAE000000220
Hybrid code: AFEP ISIN: ZAE000000238
Bond company code: AECI
LEI: 3789008641F1D3D90E85
(AECI)

DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with the JSE Limited Listings Requirements and Debt Listings Requirements (Listings Requirements),
shareholders and noteholders are advised of the following dealings in AECI’s securities:

Name:                                    Edwin Ludick
Position and company                     Director of AECI Mining Limited, a major subsidiary of AECI
Class of securities                      Ordinary shares
Nature of transactions                   On-market sale of ordinary shares
Extent of interest                       Direct beneficial
Clearance to deal obtained               Clearance was obtained from the Chairman of AECI
Date of transaction                      1 June 2021
Number of securities                     17 610
Highest price                            R103,2500
Lowest price                             R103,0000
Volume weighted average price            R103,0638
Value of transaction                     R1 814 953,52

Woodmead, Sandton
2 June 2021

Equity and Debt Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 02-06-2021 03:30:00
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