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DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

Friday, 25 October 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")

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

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)


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