28 Jul 2017 12:00
AECI Limited - Director/PDMR ShareholdingAECI Limited - Director/PDMR Shareholding
PR Newswire
London, July 28
AECI LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1924/002590/06)
Share code: AFE ISIN: ZAE000000220
(“AECI”)
DEALINGS IN SECURITIES BY DIRECTORS
In compliance with JSE Limited Listings Requirements, shareholders are advised of the following sales under the LTIP in respect of the awards that vested on 30 June 2017:
| Name: | Mark Dytor | ||
| Position and company: | Chief Executive, AECI | ||
| Class of securities: | Ordinary shares | ||
| Nature of transaction: | On-market sale of ordinary shares to settle the tax obligations arising from the LTIP | ||
| Date of transaction: | 27 July 2017 | ||
| Number of securities: | 14 878 | ||
| Price per security: | 10 716 cents | ||
| Total value of transaction: | R1 594 326,48 | ||
| Extent of interest: | Direct beneficial | ||
| Clearance to deal obtained: | Yes | ||
| Name: | Mark Kathan | ||
| Position and company: | Chief Financial Officer, AECI | ||
| Class of securities: | Ordinary shares | ||
| Nature of transaction: | On-market sale of ordinary shares to settle the tax obligations arising from the LTIP | ||
| Date of transaction: | 27 July 2017 | ||
| Number of securities: | 11 371 | ||
| Price per security: | 10 716 cents | ||
| Total value of transaction: | R1 218 516,36 | ||
| Extent of interest: | Direct beneficial | ||
| Clearance to deal obtained: | Yes | ||
| Name: | Edwin Ludick | ||
| Position and company: | Director, AECI Mining Solutions Ltd (a major subsidiary) | ||
| Class of securities: | Ordinary shares | ||
| Nature of transaction: | On-market sale of ordinary shares | ||
| Date of transaction: | 27 July 2017 | ||
| Number of securities: | 10 951 | ||
| Price per security: | 10 716 cents | ||
| Total value of transaction: | R1 173 509,16 | ||
| Extent of interest: | Direct beneficial | ||
| Clearance to deal obtained: | Yes | ||
Woodmead, Sandton
28 July 2017
Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Aeci 5 1/2% Prf (87FZ)