AVENG LIMITED - Director's dealing in securities

Director's dealing in securities

AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
ISIN: ZAE000111829
SHARE CODE: AEG
("Aveng" or "the Group")


The off-market acceptance of awards by a Subsidiary Director in
terms   of   the    Forfeitable       Share   Plan    and   Share   Appreciation
Rights Scheme.


Awards were made on the 26 February 2014 in terms of the Aveng
Long Term Incentive schemes, being the Share Appreciation Rights
Scheme and the Forfeitable Share Plan. All the awards are for
the direct beneficial interests of the director.


Share   Appreciation         Rights    awarded       to   and   accepted   by   a
Subsidiary Director:


Employee           Employer Company       Acceptance Date        Award     Share
Name                                                             Price     Appreciatio
                                                                           n Rights
Chris Botha        Aveng      (Africa) 28February 2014           R 21.80   90,000
                   Limited


Forfeitable Share Plan (“FSP”)
Schedule 14 of the JSE Limited Listings Requirements will in
this instance not apply to the FSP as awards made under the
scheme are settled by way of acquiring shares from third parties
on the open market.      No new shares will be issued by the Company
to any participant.


Forfeitable   Shares   awarded   to   and   accepted   by   a    Subsidiary
Director:
Employee       Employer       Acceptance Date      Award        Forfeitable
Name           Company                             Price        Shares
Chris Botha    Aveng          28 February 2014     R 21.80 45 872
               (Africa)
               Limited


The necessary clearance in terms of paragraph 3.66 of the JSE
Listings Requirements has been obtained.


27 February 2014


Sponsor: J.P. Morgan Equities Limited

Date: 27/02/2014 12:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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