ALLIED ELECTRONICS CORPORATION LTD - Dealing in securities by directors of Altron & by directors and a company secretary of major subsidiaries of Altron

Dealing in securities by directors of Altron & by directors and a company secretary of major subsidiaries 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 Altron and by directors and a company secretary of
major subsidiaries of Altron



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

Name of director:             RE Venter
Designation:                  Chief Executive
Name of company:              Allied Electronics Corporation Limited
Date of transaction:          15 January 2014
Number of securities:         19 730 Altron participating preference shares
Price sold:                   R23.10
Value of transaction          R455 763.00
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:             RE Venter
Designation:                  Chief Executive
Name of company:              Allied Electronics Corporation Limited
Date of transaction:          15 January 2014
Number of securities:         27 249 Altron participating preference shares
Exercise price:               R23.70
Value of transaction          R645 801.30
Nature of transaction:        Settlement of shares 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:             AMR Smith
Designation:                  Chief Financial Officer
Name of company:              Allied Electronics Corporation Limited
Date of transaction:          15 January 2014
Number of securities:         16 694 Altron participating preference shares
Exercise price:               R23.70
Value of transaction          R395 647.80
Nature of transaction:        Settlement of shares 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:             RJ Abraham
Designation:                  Chief Executive Officer
Name of company:              Bytes Technology Group Proprietary Limited
Date of transaction:          15 January 2014
Number of securities:         15 525 Altron participating preference shares
Exercise price:               R23.70
Value of transaction          R367 942.50
Nature of transaction:        Settlement of shares 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:             PR Riskowitz
Designation:                  Chief Financial Officer
Name of company:              Bytes Technology Group Proprietary Limited
Date of transaction:          15 January 2014
Number of securities:         9 771 Altron participating preference shares
Exercise price:               R23.70
Value of transaction          R231 572.70
Nature of transaction:        Settlement of shares 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:             NM Kayton
Designation:                  Chief Executive Officer
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          15 January 2014
Number of securities:         7 817 Altron participating preference shares
Price sold:                   R23.10
Value of transaction          R180 572.70
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:             S Hemphill
Designation:                  Chief Financial Officer
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          15 January 2014
Number of securities:         525 Altron participating preference shares
Price sold:                   R23.10
Value of transaction          R12 127.50
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:             S Mkhabela
Designation:                  Executive Director
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          15 January 2014
Number of securities:         7 993 Altron participating preference shares
Price sold:                   R23.10
Value of transaction          R184 638.30
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:             KG Edmond
Designation:                  Executive Director
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          15 January 2014
Number of securities:         1 140 Altron participating preference shares
Price sold:                   R23.10
Value of transaction          R26 334.00
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:             G Geldenhuys
Designation:                  Executive Director
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          15 January 2014
Number of securities:         7 426 Altron participating preference shares
Price sold:                   R23.10
Value of transaction          R171 540.60
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:             B Meyer
Designation:                  Executive Director
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          15 January 2014
Number of securities:         3 099 Altron participating preference shares
Price sold:                   R23.10
Value of transaction          R71 586.90
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:             Dr H Chikwanda
Designation:                  Executive Director
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          15 January 2014
Number of securities:         1 037 Altron participating preference shares
Price sold:                   R23.10
Value of transaction          R23 954.70
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 company secretary:    E Defillo
Designation:                  Company Secretary
Name of company:              Power Technologies Proprietary Limited
Date of transaction:          15 January 2014
Number of securities:         277 Altron participating preference shares
Price sold:                   R23.10
Value of transaction          R6 398.70
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



Johannesburg
17 January 2014



Sponsor
Investec Bank

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