ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by a directors associate

Dealing in securities by a director’s associate

ALLIED ELECTRONICS CORPORATION LIMITED
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code: AEL    ISIN: ZAE000191342

DEALING IN SECURITIES BY A DIRECTOR’S ASSOCIATE

In compliance with paragraph 3.64 (h) of the JSE Limited Listings Requirements,
the following information is disclosed:


Director                               :    Mr A C Ball
Director                               :    Mr S Sithole
Company                                :    Allied Electronics Corporation
                                            Limited
Director’s Associate                   :    H4 Collective Investments (RF)
                                            Proprietary Limited acting on
                                            behalf of the H4 Qualified Investor
                                            Hedge Fund Scheme in respect of the
                                            Value Active PFP H4 QI Hedge Fund
                                            (“the Fund”). Value Capital
                                            Partners Proprietary Limited (in
                                            which Mr A C Ball and Mr S Sithole
                                            each have a 50% interest), are
                                            advisors to Peregrine Fund Platform
                                            Proprietary Limited, the registered
                                            investment manager of the Fund.
Company                                :    Allied Electronics Corporation
                                            Limited
Date of transaction                    :    15 June 2017
Number of securities                   :    998 639
Nature of transaction                  :    On-market acquisition of securities
Class of securities                    :    Altron A ordinary shares
Share price                            :    R11.00
Total value of transaction             :    R10 985 029.00
Nature of interest                     :    Indirect, Beneficial
Clearance obtained                     :    Yes


Johannesburg
19 June 2017

Sponsor
Investec Bank Limited

Date: 19/06/2017 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.