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ALT ATNP
ALT
ATN/ATNP - Altron - Dealing in securities by a director
Allied Electronics Corporation Limited
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code: ATN ISIN: ZAE000029658
Share Code: ATNP ISIN: ZAE000029666
("Altron" or "the company")
Dealing in securities by a director
Shareholders are advised that between 7 - 9 October 2009, Altron Chairman and
Founder, Dr WP Venter disposed of 937 562 Altron participating preference shares
on the open market for a total sale consideration of R26.4 million.
These shares representing 0.39% of the total issued share capital of Altron`s
participating preference shares were sold pursuant to a share portfolio
realignment exercise and do not in any way impact upon the Venter Family`s
control of the Altron group which is maintained through the voting ordinary
share structure.
In compliance with rule 3.63 of the JSE Listings Requirements, the following
information is disclosed:
Name of director : Dr WP Venter
Designation: Chairman - Allied Electronics Corporation
Limited
Date of transaction : 7 October 2009
Class of securities : Altron participating preference shares
Number of shares : 644 718
Price of shares : R28.25 per share
Value of transaction : R18,213,283.50
Nature of transaction : Sale on the open market
Nature of interest : Direct beneficial
Clearance to deal obtained : Yes
Name of director : Dr WP Venter
Designation: Chairman - Allied Electronics Corporation
Limited
Date of transaction : 9 October 2009
Class of securities : Altron participating preference shares
Number of shares : 292 844
Price of shares : R27.89 per share
Value of transaction : R8,167,419.16
Nature of transaction : Sale on the open market
Nature of interest : Direct beneficial
Clearance to deal obtained : Yes
Johannesburg
9 October 2009
Sponsor
Investec Bank
Date: 09/10/2009 17:24:14 Produced by the JSE SENS Department.
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