ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by a director

Dealing in securities by a director

ALLIED ELECTRONICS CORPORATION LIMITED
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code: AEL    ISIN: ZAE000191342

DEALING IN SECURITIES BY A DIRECTOR

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



Director                               :    Mr RE Venter
Company                                :    Allied Electronics Corporation
                                            Limited
Date of transaction                    :    15 June 2017
Number of securities                   :    48 929
Class of securities                    :    Altron A ordinary shares
Selling price                          :    R11.00
Total value of transaction             :    R538 219.00
Nature of transaction                  :    Sale of shares in the open market
                                            to settle the tax liability arising
                                            as a result of the settlement of
                                            shares pursuant to the vesting and
                                            exercise of Altron performance and
                                            bonus shares
Nature of interest                     :    Direct beneficial
Clearance obtained                     :    Yes




Johannesburg
15 June 2017

Sponsor
Investec Bank Limited

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