AECI Limited Dealings in Securities re LTIP

 
TIDM87FZ 
 
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 (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 
 
  25 March 2021           66 417  R101,6477 R102,1600   R101,0400   R6 751 135,29 
 
  26 March 2021           49 193  R102,1364 R103,0200   R100,9900   R5 024 394,79 
 
 
 
 
 
Woodmead, Sandton 
 
29 March 2021 
 
Equity and Debt Sponsor:  Rand Merchant Bank (A division of FirstRand Bank 
Limited) 
 
 
 
END 
 
 

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March 29, 2021 04:30 ET (08:30 GMT)