ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in Securities by an Executive Director of the Group

Dealing in Securities by an Executive Director of the Group

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

DEALING IN SECURITIES BY AN EXECUTIVE DIRECTOR OF THE GROUP

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

Director                                                   :     Mr. Mteto Nyati
Company                                                    :     Altron
Date of transaction                                        :     07 June 2021
Number of securities                                       :     465,927
Class of securities                                        :     Altron A ordinary shares
Purchase price (weighted average)                          :     R11.50
Highest Price per Share                                    :     R11.61
Lowest Price per Share                                     :     R11.36
Total value of transaction                                 :     R5,358,160.50
Nature of transaction                                      :     Sale of shares in the open market
Nature of interest                                         :     Direct beneficial
Clearance obtained                                         :     Yes


Director                                                   :     Mr. Mteto Nyati
Company                                                    :     Altron
Date of transaction                                        :     07 June 2021
Number of securities                                       :     51,310
Class of securities                                        :     Altron A ordinary shares
Purchase price (weighted average)                          :     R11.80
Highest Price per Share                                    :     R11.61
Lowest Price per Share                                     :     R11.36
Total value of transaction                                 :     R605,458.00
Nature of transaction                                      :     Sale of shares in the open market
Nature of interest                                         :     Direct beneficial
Clearance obtained                                         :     Yes

Director                                                   :     Mr. Mteto Nyati
Company                                                    :     Altron
Date of transaction                                        :     08 June 2021
Number of securities                                       :     452,500
Class of securities                                        :     Altron A ordinary shares
Purchase price (weighted average)                          :     R11.61
Highest Price per Share                                    :     R11.88
Lowest Price per Share                                     :     R11.51
Total value of transaction                                 :     R5,253,525.00
Nature of transaction                                      :     Sale of shares in the open market
Nature of interest                                         :     Direct beneficial
Clearance obtained                                         :     Yes


Johannesburg
09 June 2021

Sponsor
Investec Bank Limited

Date: 09-06-2021 05:50:00
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