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

Dealing in securities by a director and 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 AND A DIRECTOR’S ASSOCIATE

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



Director                               :    Mr M Nyati
Company                                :    Allied Electronics Corporation
                                            Limited
Date of transaction                    :    24 May 2017
Number of securities                   :    55 000
Nature of transaction                  :    On-market acquisition of securities
Class of securities                    :    Altron A ordinary shares
Share price                            :    R11.157
Total value of transaction             :    R613 635.00
Nature of interest                     :    Direct, Beneficial
Clearance obtained                     :    Yes



Director                               :    Mr A C Ball
Director                               :    Mr S Sithole
Company                                :    Allied Electronics Corporation
                                            Limited
Director’s Associate                   :    The Ball Family Trust, as nominee
                                            for Value Capital Partners
                                            Proprietary Limited (in which Mr A
                                            C Ball and Mr S Sithole each have a
                                            50% interest) and its Fund
Company                                :    Allied Electronics Corporation
                                            Limited
Date of transaction                    :    24 May 2017
Number of securities                   :    5 014
Nature of transaction                  :    On-market acquisition of securities
Class of securities                    :    Altron A ordinary shares
Share price                            :    R11.00
Total value of transaction             :    R55 154
Nature of interest                     :    Indirect, Beneficial
Clearance obtained                     :    Yes



Johannesburg
25 May 2017

Sponsor
Investec Bank Limited

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