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ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by directors of Power Technologies Proprietary Limited, a major subsidiary of Altron

Release Date: 23/08/2016 15:21
Code(s): AEL AEN     PDF:  
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Dealing in securities by directors of Power Technologies Proprietary Limited, a major subsidiary of Altron

Allied Electronics Corporation Limited
Registration number 1947/024583/06)
Incorporated in the Republic of South Africa)
Share code: AEL ISIN: ZAE000191342
Share code: AEN ISIN: ZAE000191359
(“Altron” or “the company”)



Dealing in securities by directors of Power Technologies Proprietary Limited, a major
subsidiary of Altron

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


Name of director:                     G Geldenhuis
Designation:                          Executive Director
Name of company:                      Power Technologies Proprietary Limited
Date of transaction:                  19 August 2016
Number of securities:                 4 262 Altron N ordinary shares
Price sold:                           R5.36
Value of transaction                  R22 844.32
Nature of transaction:                Sale of shares in the open market pursuant to the vesting
                                      and exercise of Altron bonus shares (Altron N ordinary
                                      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:                  19 August 2016
Number of securities:                 2 332 Altron N ordinary shares
Price sold:                           R5.36
Value of transaction                  R12 499.52
Nature of transaction:                Sale of shares in the open market pursuant to the vesting
                                      and exercise of Altron bonus shares (Altron N ordinary
                                      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
23 August 2016


Sponsor
Investec Bank

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