A E C I LIMITED - Dealing in securities by a director of a major subsidiary

Dealing in securities by a director of a major subsidiary

AECI LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1924/002590/06)
Share code: AFE ISIN: ZAE000000220
Hybrid code: AFEP ISIN: ZAE000000238
Bond company code: AECI
(“AECI”)

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with JSE Limited Listings Requirements, shareholders and bondholders are advised of
the following dealings in AECI’s securities:

Name:                                    Edwin Ludick
Position and company:                    Director of AECI Mining Solutions Limited,
                                         a major subsidiary of AECI
Class of securities:                     Ordinary shares
Nature of transaction:                   On-market sale of ordinary shares
Date of transaction:                     24 October 2019
Number of securities:                    8 000
Price per security:                      R96,00
Total value of transaction:              R768 000,00
Extent of interest:                      Direct beneficial
Clearance to deal obtained:              Clearance was obtained from the Chairman of AECI

Woodmead, Sandton

25 October 2019

Sponsor:
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 25/10/2019 11:00:00
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