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Dealings in securities by directors, group company secretary, director of a major subsidiary and prescribed officers
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
LEI: 3789008641F1D3D90E85
(“AECI” or the “Company”)
DEALINGS IN SECURITIES BY DIRECTORS, GROUP COMPANY SECRETARY, DIRECTOR OF A MAJOR
SUBSIDIARY AND PRESCRIBED OFFICERS
Acceptance of Awards of Performance Shares: Long-term Incentive Plan (“LTIP”)
In compliance with the JSE Limited Listings Requirements, the following information is disclosed:
In terms of the standard rules of the Company’s LTIP, participants have been allocated a new award of performance shares
in line with an annual process. These will convert into AECI ordinary shares and will vest three years after the grant date
of 15 April 2020, subject to the performance conditions attached to each allocation being met. The performance shares
were issued at the grant price as indicated below and were accepted off-market on 3 June 2020 as follows:
Name Position and No. of shares Grant price Value
company
MA Dytor Chief Executive, AECI 120 924 R73,77 R8 920 563,48
KM Kathan Chief Financial Officer,
AECI 80 152 R73,77 R5 912 813,04
EN Rapoo Group Company
Secretary, AECI 20 706 R73,77 R1 527 481,62
EE Ludick Director of AECI Mining
Limited, a major 53 893 R73,77 R3 975 686,61
subsidiary of AECI
DJ Mulqueeny Prescribed Officer, AECI 39 323 R73,77 R2 900 857,71
DK Murray Prescribed Officer, AECI 38 865 R73,77 R2 867 071,05
CBH Watson Prescribed Officer, AECI 32 671 R73,77 R2 410 139,67
Clearance has been obtained by all the above-mentioned recipients for the acceptance of their awards. All interests are
direct beneficial.
Woodmead, Sandton
4 June 2020
Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 04-06-2020 10:30:00
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