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ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by a directors associate

Release Date: 19/06/2017 16:30
Code(s): AEL     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

DEALING IN SECURITIES BY A DIRECTOR’S ASSOCIATE

In compliance with paragraph 3.64 (h) of the JSE Limited Listings Requirements,
the following information is disclosed:


Director                               :    Mr A C Ball
Director                               :    Mr S Sithole
Company                                :    Allied Electronics Corporation
                                            Limited
Director’s Associate                   :    H4 Collective Investments (RF)
                                            Proprietary Limited acting on
                                            behalf of the H4 Qualified Investor
                                            Hedge Fund Scheme in respect of the
                                            Value Active PFP H4 QI Hedge Fund
                                            (“the Fund”). Value Capital
                                            Partners Proprietary Limited (in
                                            which Mr A C Ball and Mr S Sithole
                                            each have a 50% interest), are
                                            advisors to Peregrine Fund Platform
                                            Proprietary Limited, the registered
                                            investment manager of the Fund.
Company                                :    Allied Electronics Corporation
                                            Limited
Date of transaction                    :    15 June 2017
Number of securities                   :    998 639
Nature of transaction                  :    On-market acquisition of securities
Class of securities                    :    Altron A ordinary shares
Share price                            :    R11.00
Total value of transaction             :    R10 985 029.00
Nature of interest                     :    Indirect, Beneficial
Clearance obtained                     :    Yes


Johannesburg
19 June 2017

Sponsor
Investec Bank Limited

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