ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in Securities by an Associate of a Director
Dealing in Securities by an Associate of a Director
ALLIED ELECTRONICS CORPORATION LIMITED
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code: AEL
ISIN: ZAE000191342
DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR
In compliance with the JSE Limited Listings Requirements, the following information is disclosed:
Director : Mr AC Ball
Title : Non-Executive Director
Director : Mr S Sithole
Title : Non-Executive Director
Company : Allied Electronics Corporation Limited
Name of Associate : The Seabrooke Family Trust*
Date of transaction : 6 January 2021
Number of securities : 100 000
Nature of transaction : On-market sale of securities
Class of securities : Altron A ordinary shares
Share price : R 10.4157
Value of transaction : R 1 041 570.00
Nature of interest : Indirect Beneficial*
Clearance to deal obtained : Yes
* Mr AC Ball and Mr S Sithole have an indirect beneficial interest in Value Capital Partners (Pty) Ltd, which
is the registered investment manager for various funds managed by VCP. The above sales are not a
disposal from the funds managed by VCP, but simply shares that The Seabrooke Family had nominated
and appointed VCP a proxy to participate in and speak and vote at shareholders meetings of Altron, as
VCP sees fit.
Johannesburg
11 January 2021
Sponsor
Investec Bank Limited
Date: 11-01-2021 05:00:00
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