| Thu 18 Mar 2021, 11:00 | | AECI LIMITED - Dealings in securities on behalf of the AECI Long-Term Incentive Plan (the LTIP) |
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Dealings in securities on behalf of the AECI Long-Term Incentive Plan (the LTIP)
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 ON BEHALF OF THE AECI LONG-TERM INCENTIVE PLAN (THE LTIP)
In compliance with the JSE Limited Listings Requirements and Debt Listings Requirements, shareholders and
noteholders are advised that AECI had entered into an agreement with Investec Bank Limited (Investec), an
independent third party broking firm, to purchase AECI ordinary shares (Shares) on behalf of the LTIP, in order to
settle the obligations to its participants in respect of the Performance Shares (as defined in the rules of the LTIP)
that will vest on 16 April 2021, in a non-dilutive manner in accordance with the rules of the LTIP.
The following information is disclosed in compliance with the Listings Requirements:
Name of share scheme: LTIP
Company: AECI
Nature of transaction: On-market purchase of Shares by Investec on behalf of the LTIP to settle
the obligations to the LTIP participants
Class of securities: Ordinary shares
Extent of interest: Indirect non-beneficial (purchased by Investec acting as agent on behalf of
the AECI LTIP vesting account)
Clearance to deal obtained: Yes
Date of No. of shares VWAP Price Price Value of
transaction acquired High Low transaction
12 March 2021 54 783 R99,9696 R100,9400 R98,2300 R5 476 634,60
15 March 2021 23 527 R100,7879 R101,1100 R100,0700 R2 371 237,35
16 March 2021 36 197 R100,8518 R101,6900 R99,6800 R3 650 532,60
17 March 2021 36 694 R101,7169 R102,7200 R98,0500 R3 732 399,93
Woodmead, Sandton
18 March 2021
Equity and Debt Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 18-03-2021 11:00:00
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