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ALLIED ELECTRONICS CORPORATION LTD - Dealing in Securities

Release Date: 19/08/2014 12:30
Code(s): ATN ATNP     PDF:  
Wrap Text
Dealing in Securities

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 and company secretaries of Altron and its major
subsidiaries: Allocation, Award and Grant of Share Appreciation Rights (SARs),
Performance Shares and Bonus Shares in terms of The Altron 2009 Share Plan

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


Name of director:                               RE Venter
Designation:                                    Chief Executive
Name of company:                                Altron
Number of SARs:                                 75 049
Allocation price of SARs:                       R25.51
Value of SARs:                                  R1 914 499.99
Number of Performance Shares (nil cost):        65 260
Number of Bonus Shares (nil cost):              92 352



Name of director:                               AMR Smith
Designation:                                    Chief Financial Officer
Name of company:                                Altron
Number of SARs:                                 34 990
Allocation price of SARs:                       R25.51
Value of SARs:                                  R892 594.90
Number of Performance Shares (nil cost):        25 862
Number of Bonus Shares (nil cost):              35 917



Name of director:                               RJ Abraham
Designation:                                    Executive Director
Name of company:                                Altron
Number of SARs:                                 41 402
Allocation price of SARs:                       R25.51
Value of SARs:                                  R1 056 165.02
Number of Performance Shares (nil cost):        30 601
Number of Bonus Shares (nil cost):              52 218


Name of company secretary:                      AG Johnston
Designation:                                    Group Company Secretary
Name of company:                                Altron
Number of SARs:                                 24 953
Allocation price of SARs:                       R25.51
Value of SARs:                                  R636 551.03
Number of Performance Shares (nil cost):        14 104
Number of Bonus Shares (nil cost):              19 279



Name of director:                               CG Venter
Designation:                                    Chief Executive Officer
Name of company:                                Altron tmt Holdings (Pty) Ltd
Number of SARs:                                 63 186
Allocation price of SARs:                       R25.51
Total value of SARs:                            R1 611 874.86
Number of Performance Shares (nil cost):        46 702
Number of Bonus Shares (nil cost):              67 185



Name of director:                               PR Riskowitz
Designation:                                    Chief Financial Officer
Name of company:                                Altron tmt Holdings (Pty) Ltd
Number of SARs:                                 32 191
Allocation price of SARs:                       R25.51
Value of SARs:                                  R821 192.41
Number of Performance Shares (nil cost):        18 195
Number of Bonus Shares (nil cost):              28 018



Name of company secretary:                      WK Groenewald
Designation:                                    Company Secretary
Name of company:                                Altron tmt Holdings (Pty) Ltd
Number of SARs:                                 3 767
Allocation price of SARs:                       R25.51
Value of SARs:                                  R96 096.17
Number of Bonus Shares (nil cost):              451



Name of director:                               NM Kayton
Designation:                                    Chief Executive Officer
Name of company:                                Power Technologies (Pty) Ltd
Number of SARs:                                 33 606
Allocation price of SARs:                       R25.51
Value of SARs:                                  R857 289.06
Number of Performance Shares (nil cost):        24 839
Number of Bonus Shares (nil cost):              7 280


Name of director:                               S Hemphill
Designation:                                    Chief Financial Officer
Name of company:                                Power Technologies (Pty) Ltd
Number of SARs:                                 18 032
Allocation price of SARs:                       R25.51
Value of SARs:                                  R459 996.32
Number of Performance Shares (nil cost):        7 840
Number of Bonus Shares (nil cost):              3 175



Name of director:                               V Padayachee
Designation:                                    Executive Director
Name of company:                                Power Technologies (Pty) Ltd
Number of SARs:                                 16 488
Allocation price of SARs:                       R25.51
Value of SARs:                                  R420 608.88
Number of Performance Shares (nil cost):        7 169
Number of Bonus Shares (nil cost):              1 924



Name of director:                              G Geldenhuis
Designation:                                   Executive Director
Name of company:                               Power Technologies (Pty) Ltd
Number of SARs:                                23 192
Allocation price of SARs:                      R25.51
Value of SARs:                                 R591 627.92
Number of Performance Shares (nil cost):       10 084
Number of Bonus Shares (nil cost):             5 996



Name of director:                              KG Edmond
Designation:                                   Executive Director
Name of company:                               Power Technologies (Pty) Ltd
Number of SARs:                                25 119
Allocation price of SARs:                      R25.51
Value of SARs:                                 R640 785.69
Number of Performance Shares (nil cost):       10 921
Number of Bonus Shares (nil cost):             2 638



Name of director:                              B Meyer
Designation:                                   Executive Director
Name of company:                               Power Technologies (Pty) Ltd
Number of SARs:                                23 281
Allocation price of SARs:                      R25.51
Value of SARs:                                 R593 898.31
Number of Performance Shares (nil cost):       10 122
Number of Bonus Shares (nil cost):             4 420


Name of director:                             HW Du Plessis
Designation:                                  Executive Director
Name of company:                              Power Technologies (Pty) Ltd
Number of SARs:                               23 893
Allocation price of SARs:                     R25.51
Value of SARs:                                R609 510.43
Number of Performance Shares (nil cost):      10 388
Number of Bonus Shares (nil cost):            2 805



Name of company secretary:                    E Defillo
Designation:                                  Company Secretary
Name of company:                              Power Technologies (Pty) Ltd
Number of SARs:                               3 457
Allocation price of SARs:                     R25.51
Value of SARs:                                R88 188.07
Number of Bonus Shares (nil cost):            978



Allocation, award and grant dates for above   15 August 2014
transactions:

Acceptance dates for above transactions:      18 August 2014

Nature of above transactions:                 Off-market allocation, award and grant of
                                              SARs, performance shares and bonus shares
                                              respectively in accordance with the rules of
                                              The Altron 2009 Share Plan

Nature of interest for above transactions:    Direct beneficial

Clearance to deal obtained:                   Yes



Johannesburg
19 August 2014


Sponsor
Investec Bank

Date: 19/08/2014 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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