ALLIED ELECTRONICS CORPORATION LIMITED - Dealings in securities

Dealings in securities

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

DEALING IN SECURITIES BY A PRESCRIBED OFFICER AND DIRECTOR OF A MAJOR SUBSIDIARY OF THE
ALTRON GROUP

In compliance with paragraph 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is
disclosed:

Director                                                   :     Mr AJ Holden
Company                                                    :     Altron TMT Holdings (Pty) Limited (major subsidiary
                                                                 of Altron)
Date of transaction                                        :     22 February 2021
Number of securities                                       :     17 615
Class of securities                                        :     Altron A ordinary shares
VWAP                                                       :     R11.91
Highest Price per Share                                    :     R12.20
Lowest Price per Share                                     :     R11.87
Total value of transaction                                 :     R209,831.64
Nature of transaction                                      :     Sale of shares in the open market
Nature of interest                                         :     Direct beneficial
Clearance obtained                                         :     Yes


Director                                                   :     Mr AJ Holden
Company                                                    :     Altron TMT Holdings (Pty) Limited (major subsidiary
                                                                 of Altron)
Date of transaction                                        :     23 February 2021
Number of securities                                       :     17 520
Class of securities                                        :     Altron A ordinary shares
VWAP                                                       :     R11.91
Highest Price per Share                                    :     R12.19
Lowest Price per Share                                     :     R11.69
Total value of transaction                                 :     R205,388.71
Nature of transaction                                      :     Sale of shares in the open market
Nature of interest                                         :     Direct beneficial
Clearance obtained                                         :     Yes


Director                                                   :     Mr AJ Holden
Company                                                    :     Altron TMT Holdings (Pty) Limited (major subsidiary
                                                                 of Altron)
Date of transaction                                        :     24 February 2021
Number of securities                                       :     159 505
Class of securities                                        :     Altron A ordinary shares
VWAP                                                       :     R11.85
Highest Price per Share                                    :     R12.02
Lowest Price per Share                                     :     R11.69
Total value of transaction                                 :     R1, 890, 309.71
Nature of transaction                                      :     Sale of shares in the open market
Nature of interest                                         :     Direct beneficial
Clearance obtained                                         :     Yes

In addition to being a director of a major subsidiary of the Altron Group, Mr AJ Holden is also a prescribed
officer of the Altron Group (Chief Operating Officer).
Johannesburg
25 February 2021

Sponsor
Investec Bank Limited

Date: 25-02-2021 05:26:00
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