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DEALINGS IN SECURITIES BY DIRECTORS, BY THE COMPANY SECRETARY AND BY DIRECTORS OF A MAJOR SUBSIDIARY

Tuesday, 1 December 2015
AECI LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1924/002590/06)
 Share code: AFE   ISIN No. ZAE000000220 
  (“AECI”)

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:      R88,9800
Low:       R89,1600
Average: 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:      R89,3300
Low:       R88,9600
Average: 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:      R89,5800
Low:       R89,0000
Average: 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:      R88,9500
Low:       R88,2500
Average: 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:      R88,4100
Low:       R87,9100
Average: 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:      R88,6200
Low:       R87,9200
Average: 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:      R89,0500
Low:       R88,7900
Average: R88,9124
 
  Total value of shares sold R1 031 739,49  
  Nature of interest Direct beneficial  
  Clearance obtained Yes  

Woodmead, Sandton
1 December 2015

Sponsor: RAND MERCHANT BANK (A Division of FirstRand Bank Limited)


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