29 Jul 2019 09:40
AECI Limited - Dealings in SecuritiesAECI Limited - Dealings in Securities
PR Newswire
London, July 29
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
(''AECI” or “the Company'')
DEALINGS IN SECURITIES BY DIRECTOR, GROUP COMPANY SECRETARY, DIRECTOR OF A MAJOR SUBSIDIARY AND PRESCRIBED OFFICER
In compliance with JSE Limited Listings Requirements, shareholders are advised of the following sales under the AECI Long-term Incentive Plan (“LTIP”) in respect of the awards that vested on 30 June 2019:
| Name: | Mark Dytor |
| Position and company: | Chief Executive, AECI |
| Date of transaction: | 24 July 2019 |
| Nature of transaction: | On-market sale of ordinary shares to settle the tax obligations arising from the LTIP |
| Number of securities: | 17 463 |
| Class of securities: | Ordinary shares |
| Price per security: | 9 316.41 cents |
| Total value of transaction: | R1 626 924.68 |
| Highest price | 9 354,00 cents |
| Lowest price | 9 300,00 cents |
| Extent of interest: | Direct beneficial |
| Clearance to deal obtained: | Yes |
| Name: | Edwin Ludick |
| Position and company: | Director, AECI Mining Solutions Limited (a major subsidiary) |
| Date of transaction: | 24 July 2019 |
| Nature of transaction: | On-market sale of ordinary shares to settle the tax obligations arising from the LTIP |
| Number of securities: | 5 851 |
| Class of securities: | Ordinary shares |
| Price per security: | 9 316,41 cents |
| Total value of transaction: | R545 103,15 |
| Highest price | 9 354,00 cents |
| Lowest price | 9 300,00 cents |
| Extent of interest: | Direct beneficial |
| Clearance to deal obtained: | Yes |
| Name: | Dean Murray |
| Position and company: | Prescribed Officer, AECI |
| Date of transaction: | 24 July 2019 |
| Nature of transaction: | On-market sale of ordinary shares to settle the tax obligations arising from the LTIP |
| Number of securities: | 3 884 |
| Class of securities: | Ordinary shares |
| Price per security: | 9 316,41 cents |
| Total value of transaction: | R361 849.36 |
| Highest price | 9 354,00 cents |
| Lowest price | 9 300,00 cents |
| Extent of interest: | Direct beneficial |
| Clearance to deal obtained: | Yes |
| Name: | Nomini Rapoo |
| Position and company: | Group Company Secretary, AECI |
| Date of transaction: | 24 July 2019 |
| Nature of transaction: | On-market sale of ordinary shares to settle the tax obligations arising from the LTIP |
| Number of securities: | 3 356 |
| Class of securities: | Ordinary shares |
| Price per security: | 9 316,41 cents |
| Total value of transaction: | R312 658,72 |
| Highest price | 9 354,00 cents |
| Lowest price | 9 300,00 cents |
| Extent of interest: | Direct beneficial |
| Clearance to deal obtained: | Yes |
Woodmead, Sandton
29 July 2019
Sponsor:
RAND MERCHANT BANaK (A division of FirstRand Bank Limited)
Aeci 5 1/2% Prf (87FZ)