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 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                    :    15 May 2017
Number of securities                   :    1 017 233
Nature of transaction                  :    On-market acquisition of securities
Class of securities                    :    Altron A ordinary shares
Highest price paid                     :    R10.10
Lowest price paid                      :    R10.05
Volume weighted price                  :    R10.0987
Total value of transaction             :    R10 272 730.89
Nature of interest                     :    Indirect, Beneficial
Clearance obtained                     :    Yes


Director                               :    Mr A C Ball
Director                               :    Mr S Sithole
Company                                :    Allied Electronics Corporation
                                            Limited
Director’s Associate                   :    Value Capital Partners Proprietary
                                            Limited (in which Mr A C Ball and
                                            Mr S Sithole each have a 50%
                                            interest)
Company                                :    Allied Electronics Corporation
                                            Limited
Date of transaction                    :    15 May 2017
Number of securities                   :    591 956
Nature of transaction                  :    On-market disposal of securities
Class of securities                    :    Altron A ordinary shares
Price per share                        :    R10.10
Total value of transaction             :    R5 978 755.60
Nature of interest                     :    Indirect, Beneficial
Clearance obtained                     :    Yes


Director                               :    Mr A C Ball
Company                                :    Allied Electronics Corporation
                                            Limited
Date of transaction                    :    15 May 2017
Number of securities                   :    295 978
Nature of transaction                  :    On-market acquisition of securities
                                            from Value Capital Partners
                                            Proprietary Limited (in which Mr A
                                            C Ball and Mr S Sithole each have a
                                            50% interest)
Class of securities                    :    Altron A ordinary shares
Price paid                             :    R10.10
Total value of transaction             :    R2 989 377.80
Nature of interest                     :    Direct, Beneficial
Clearance obtained                     :    Yes


Director                               :   Mr S Sithole
Company                                :   Allied Electronics Corporation
                                           Limited
Director’s Associate                   :   Trovica Proprietary Limited
Company                                :   Allied Electronics Corporation
                                           Limited
Date of transaction                    :   15 May 2017
Number of securities                   :   295 978
Nature of transaction                  :   On-market acquisition of securities
                                           from Value Capital Partners
                                           Proprietary Limited (in which Mr A
                                           C Ball and Mr S Sithole each have a
                                           50% interest)
Class of securities                    :   Altron A ordinary shares
Price paid                             :   R10.10
Total value of transaction             :   R2 989 377.80
Nature of interest                     :   Indirect, Beneficial
Clearance obtained                     :   Yes


Johannesburg
16 May 2017

Sponsor
Investec Bank Limited

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