Last checked at 30 Nov 2015 14:33
AECI LTD - Director/PDMR ShareholdingAECI LTD - Director/PDMR Shareholding
PR Newswire
London, November 30
AECI LIMITEDIncorporated in the Republic of South Africa(Registration No. 1924/002590/06)Share code: AFE ISIN No. ZAE000000220(“AECI”)
DEALINGS IN SECURITIES BY DIRECTORS, BY THE COMPANY SECRETARY AND BY DIRECTORS OF A MAJOR SUBSIDIARY
In compliance with the JSE Limited Listings Requirements, shareholders are advised of the following dealings in AECI’s securities. All dealings relate to bonus shares having vested on 22 November 2015, in terms of the 2012 AECI Long-term Incentive Plan.
| Name | Mark Dytor |
| Position | Chief Executive |
| Date of transaction | 26 November 2015 |
| Nature of transaction | On-market disposal of shares |
| Class of securities | Ordinary shares |
| Total number of shares vested | 29 198 at R90,8938 per share |
| Total value of shares vested | R2 653 917,17 |
| Number of shares sold | 12 410 |
| Sale price | High: R88,9800Low: R89,1600Average: R88,6283 |
| Total value of shares sold | R1 099 877,20 |
| Number of shares retained | 16 788 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Name | Mark Kathan |
| Position | Chief Financial Officer |
| Date of transaction | 27 November 2015 |
| Nature of transaction | On-market disposal of shares |
| Class of securities | Ordinary shares |
| Total number of shares vested | 44 491 at R90,8938 per share |
| Total value of shares vested | R4 043 956,06 |
| Number of shares sold | 18 909 |
| Sale price | High: R89,3300Low: 88,9600Average: R89,0250 |
| Total value of shares sold | R1 683 373,73 |
| Number of shares retained | 25 582 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Name | Nomini Rapoo |
| Position | Group Company Secretary |
| Date of transaction | 26 November 2015 |
| Nature of transaction | On-market disposal of shares |
| Class of securities | Ordinary shares |
| Total number of shares vested | 11 497 at R90,8938 per share |
| Total value of shares vested | R1 045 006,02 |
| Number of shares sold | 11 497 |
| Sale price | High: R89,5800Low: R89,0000Average: R89,1555 |
| Total value of shares sold | R1 025 020,78 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Name | Liesel de Villiers |
| Position | Director of AEL Holdco Limited, a major subsidiary |
| Date of transaction | 27 November 2015 |
| Nature of transaction | On-market disposal of shares |
| Class of securities | Ordinary shares |
| Total number of shares vested | 10 917 at R90,8938 per share |
| Total value of shares vested | R992 287,61 |
| Number of shares sold | 10 917 |
| Sale price | High: R88,9500Low: R88,2500Average: R88,6901 |
| Total value of shares sold | R968 229,82 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Name | Wayne Du Chenne |
| Position | Director of AEL Holdco Limited, a major subsidiary |
| Date of transaction | 26 November 2015 |
| Nature of transaction | On-market disposal of shares |
| Class of securities | Ordinary shares |
| Total number of shares vested | 10 816 at R90,8938 per share |
| Total value of shares vested | R983 107,34 |
| Number of shares sold | 10 816 |
| Sale price | High: R88,4100Low: R87,9100Average: R88,1252 |
| Total value of shares sold | R953 162,16 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Name | Edwin Ludick |
| Position | Director of AEL Holdco Limited, a major subsidiary |
| Date of transaction | 27 November 2015 |
| Nature of transaction | On-market disposal of shares |
| Class of securities | Ordinary shares |
| Total number of shares vested | 19 854 at R90,8938 per share |
| Total value of shares vested | R1 804 605,51 |
| Number of shares sold | 19 854 |
| Sale price | High: R88,6200Low: R87,9200Average: R88,0751 |
| Total value of shares sold | R1 748 643,04 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
| Name | Sepadi Mohlabeng |
| Position | Director of AEL Holdco Limited, a major subsidiary |
| Date of transaction | 26 November 2015 |
| Nature of transaction | On-market disposal of shares |
| Class of securities | Ordinary shares |
| Total number of shares vested | 11 604 at R90,8938 per share |
| Total value of shares vested | R1 054 731,66 |
| Number of shares sold | 11 604 |
| Sale price | High: R89,0500Low: R88,7900Average: R88,9124 |
| Total value of shares sold | R1 031 739,49 |
| Nature of interest | Direct beneficial |
| Clearance obtained | Yes |
Woodmead, Sandton
30 November 2015
Sponsor: RAND MERCHANT BANK (A Division of FirstRand Bank Limited)