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DEALINGS IN SECURITIES BY DIRECTOR, GROUP COMPANY SECRETARY, DIRECTOR OF A MAJOR SUBSIDIARY AND PRESCRIBED OFFICER

Monday, 29 July 2019

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” or “the Company”)

In compliance with JSE Limited Listings Requirements, shareholders are advised of the following sales under the AECI Long-term Incentive Plan (“LTIP”) in respect of the awards that vested on 30 June 2019:

Name: Mark Dytor
Position and company: Chief Executive, AECI
Date of transaction: 24 July 2019
Nature of transaction: On-market sale of ordinary shares to settle the tax obligations arising from the LTIP
Number of securities: 17 463
Class of securities: Ordinary shares
Price per security: 9 316.41 cents
Total value of transaction: R1 626 924.68
Highest price 9 354,00 cents
Lowest price 9 300,00 cents
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
   
Name: Edwin Ludick
Position and company: Director, AECI Mining Solutions Limited (a major subsidiary)
Date of transaction: 24 July 2019
Nature of transaction: On-market sale of ordinary shares to settle the tax obligations arising from the LTIP
Number of securities: 5 851
Class of securities: Ordinary shares
Price per security: 9 316,41 cents
Total value of transaction: R545 103,15
Highest price 9 354,00 cents
Lowest price 9 300,00 cents
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
   
Name: Dean Murray
Position and company: Prescribed Officer, AECI
Date of transaction: 24 July 2019
Nature of transaction: On-market sale of ordinary shares to settle the tax obligations arising from the LTIP
Number of securities: 3 884
Class of securities: Ordinary shares
Price per security: 9 316,41 cents
Total value of transaction: R361 849.36
Highest price 9 354,00 cents
Lowest price 9 300,00 cents
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
   
Name: Nomini Rapoo
Position and company: Group Company Secretary, AECI
Date of transaction: 24 July 2019
Nature of transaction: On-market sale of ordinary shares to settle the tax obligations arising from the LTIP
Number of securities: 3 356
Class of securities: Ordinary shares
Price per security: 9 316,41 cents
Total value of transaction: R312 658,72
Highest price 9 354,00 cents
Lowest price 9 300,00 cents
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes

Woodmead, Sandton

29 July 2019

Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)


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