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ATN ATNP
ATN
ATNP/ATN - Altron - Dealing In Securities By A Director
Allied Electronics Corporation Limited
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
("Altron" or "the company")
Share Code: ATNP & ISIN: ZAE000029666
Share Code: ATN & ISIN: ZAE000029658
Dealing in securities
In compliance with rule 3.63 of the JSE Listings Requirements, the following
information is disclosed:
Name of director: H Coetzee
Designation: Executive director - Power Technologies (Pty)
Limited (`Powertech")
Date of transaction: 25 October 2007
Class of securities: Altron participating preference shares
Number of shares: 9 454
Price of shares : R45.50
Value of transaction: R430 157
Nature of transaction: Purchase
Nature of interest: Indirect beneficial
Date of transaction: 26 October 2007
Class of securities: Altron participating preference shares
Number of shares: 8 336
Price of shares : R46.95
Value of transaction: R391 375.20
Nature of transaction: Purchase
Nature of interest: Indirect beneficial
Date of transaction: 29 October 2007
Class of securities : Altron participating preference shares
Number of shares: 1 807
Price of shares : R47.27
Value of transaction: R85 416.89
Nature of transaction: Purchase
Nature of interest: Indirect beneficial
Clearance to deal obtained: Yes
Shares were acquired by the IST Management Share Trust entered into between
Powertech and the IST Management Share Trust in terms of which, inter alia, R15
million would be utilised as part of the consideration payable, to acquire
Altron participating preference shares in Altron to be held on behalf of certain
of the IST management. Mr.H Coetzee was subsequently appointed to the board of
Powertech, a major subsidiary of Altron.
Johannesburg
29 October 2007
Sponsor
Investec Bank Limited
Date: 29/10/2007 17:53:01 Produced by the JSE SENS Department.
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