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AECI Limited - Dealings of a Director of a Major Subsidiary

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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)

DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

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

Name:

Edwin Ludick

Position and company

Director of AECI Mining Limited, a major subsidiary of AECI

Class of securities

Ordinary shares

Nature of transactions

On-market sale of ordinary shares

Extent of interest

Direct beneficial

Clearance to deal obtained

Clearance was obtained from the Chairman of AECI

Date of transaction

1 June 2021

Number of securities

17 610

Highest price

R103,2500

Lowest price

R103,0000

Volume weighted average price

R103,0638

Value of transaction

R1 814 953,52

Woodmead, Sandton

2 June 2021

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

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