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ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by a director's associate

Release Date: 09/02/2017 14:13
Code(s): AEL AEN     PDF:  
Wrap Text
Dealing in securities by a director's associate

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

DEALING IN SECURITIES BY A DIRECTOR’S ASSOCIATE

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:


Director                               :    Mr M J Leeming
Company                                :    Allied Electronics Corporation
                                            Limited
Director’s Associate (Spouse)          :    Mrs M E Leeming
Company                                :    Allied Electronics Corporation
                                            Limited
Date of transaction                    :    8 February 2017
Nature of transaction                  :    On-market acquisiton of securities
Number of securities                   :    1 411
Class of securities                    :    Altron A ordinary shares
Acquisition price                      :    R10.00
Total value of transaction             :    R14 110.00
Nature of transaction                  :    On-market acquisition of securities
Number of securities                   :    65 000
Class of securities                    :    Altron N ordinary shares
Highest price paid                     :    R9.70
Lowest price paid                      :    R9.88
Volume weighted price                  :    R9.7462
Total value of transaction             :    R633 503.00

Nature of interest                     :    Direct, Beneficial
Clearance obtained                     :    Yes


Johannesburg
9 February 2017

Sponsor
Investec Bank Limited

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