ALTRON LIMITED - Dealing in Securities by an Associate of a Director

Dealing in Securities by an Associate of a Director

ALTRON LIMITED
(Registration number 1947/024583/0)
(Incorporated in the Republic of South Africa)
Share code: AEL ISIN: ZAE000191342
(“Altron” or “Company”)

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with paragraphs 3.63 – 3.74 of the Listings Requirements of the JSE Limited, shareholders
are advised of the following transactions by an associate of a director of the Company:

Director                            :  Mr. AC Ball
Title                               :  Non-Executive Director
Director                            :  Mr. TR Ngara
Title                               :  Non-Executive Director
Name of Associate                   :  Value Capital Partners (Pty) Ltd*
Relationship                        :  The Directors have an indirect beneficial interest
                                       in Value Capital Partners*

Date of transaction                 :  6 June 2023
Class of securities                 :  Altron A ordinary shares
Number of securities                :  2 572 637
Lowest Price per security           :  R7.75
Highest Price per security          :  R8.00
VWAP                                :  R7.9665
Value of transaction                :  R 20 494 912.67
Nature of transaction               :  On-market purchase of securities
Nature of interest                  :  Indirect, Beneficial
Clearance to deal obtained          :  Yes

Date of transaction                 :  7 June 2023
Class of securities                 :  Altron A ordinary shares
Number of securities                :  1 189 253
Lowest Price per security           :  R7.90
Highest Price per security          :  R8.13
VWAP                                :  R8.0182
Value of transaction                :  R 9 535 668.41
Nature of transaction               :  On-market purchase of securities
Nature of interest                  :  Indirect, Beneficial
Clearance to deal obtained          :  Yes


*     Mr AC Ball and Mr T Ngara have an indirect beneficial interest in Value Capital Partners (“VCP”), which is
      the registered investment manager to Value Capital Partners H4 QI Hedge Fund and various other funds


Johannesburg
12 June 2023

Sponsor
Investec Bank Limited

Date: 12-06-2023 08:00:00
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