ALLIED ELECTRONICS CORPORATION LTD - Dealing in securities by directors of a major subsidiary of Altron

Dealing in securities by directors of a major subsidiary of Altron

Allied Electronics Corporation Limited
Registration number 1947/024583/06)
Incorporated in the Republic of South Africa)
Share Code: ATN       ISIN: ZAE000029658
Share Code: ATNP ISIN: ZAE000029666
(“Altron” or “the company”)



Dealing in securities by directors of a major subsidiary of Altron



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


Name of director:             NM Kayton
Designation:                  Chief Executive Officer
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          11 December 2012
Number of securities:         4 621 Altron participating preference shares
Price sold:                   R21.09
Value of transaction          R97 456.89
Nature of transaction:        Sale of shares in the open market pursuant to the vesting and
                              exercise of Altron performance shares and bonus shares
                              (participating preference 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:             R Kruger
Designation:                  Executive Director
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          11 December 2012
Number of securities:         3 150 Altron participating preference shares
Price sold:                   R21.09
Value of transaction          R66 433.50
Nature of transaction:        Sale of shares in the open market pursuant to the vesting and
                              exercise of Altron performance shares and bonus shares
                              (participating preference 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:             L Viljoen
Designation:                  Chief Operating Officer
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          11 December 2012
Number of securities:         7 198 Altron participating preference shares
Price sold:                   R21.09
Value of transaction          R151 805.82
Nature of transaction:        Sale of shares in the open market pursuant to the vesting and
                              exercise of Altron performance shares and bonus shares
                              (participating preference 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:             SJ Hemphill
Designation:                  Chief Financial Officer
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          11 December 2012
Number of securities:         411 Altron participating preference shares
Price sold:                   R21.09
Value of transaction          R8 667.99
Nature of transaction:        Sale of shares in the open market pursuant to the vesting and
                              exercise of Altron bonus shares (participating preference
                              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:             B Meyer
Designation:                  Executive Director
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          11 December 2012
Number of securities:         2 488 Altron participating preference shares
Price sold:                   R21.09
Value of transaction          R52 471.92
Nature of transaction:        Sale of shares in the open market pursuant to the vesting and
                              exercise of Altron bonus shares (participating preference
                              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:             KG Edmond
Designation:                  Executive Director
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          11 December 2012
Number of securities:         2 719 Altron participating preference shares
Price sold:                   R21.09
Value of transaction          R57 343.71
Nature of transaction:        Sale of shares in the open market pursuant to the vesting and
                              exercise of Altron bonus shares (participating preference
                              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:             P Riley
Designation:                  Executive Director
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          11 December 2012
Number of securities:         2 195 Altron participating preference shares
Price sold:                   R21.09
Value of transaction          R46 292.55
Nature of transaction:        Sale of shares in the open market pursuant to the vesting and
                              exercise of Altron performance shares and bonus shares
                              (participating preference 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
12 December 2012



Sponsor
Investec Bank

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