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

Thursday, 28 July 2016
AECI LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1924/002590/06)
Share code: AFE ISIN: ZAE000000220
(“AECI”)

In compliance with the JSE Limited Listings Requirements, shareholders are advised of the following dealings in AECI’s securities relating to Performance Shares that vested on 28 June 2016 in terms of the 2012 AECI Long-Term Incentive Plan (“LTIP”):

Name: Mark Dytor
Position and company: Chief Executive, AECI
Class of securities: Ordinary shares
Nature of transaction: On-market disposal of ordinary shares to settle the tax obligations arising from the LTIP
Date of transaction: 27 July 2016
Number of securities: 10 417
Price per security: 9 311,50 cents
Total value of transaction: R969 978,96
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 disposal of ordinary shares to settle the tax obligations arising from the LTIP
Date of transaction: 27 July 2016
Number of securities: 9 666
Price per security: 9 311,50 cents
Total value of transaction: R900 049,59
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
   
Name: Nomini Rapoo
Position and company: Group Company Secretary, AECI
Class of securities: Ordinary shares
Nature of transaction: On-market disposal of ordinary shares to settle the tax obligations arising from the LTIP
Date of transaction: 27 July 2016
Number of securities: 1 545
Price per security: 9 311,50 cents
Total value of transaction: R143 862,68
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
   
Name: Edwin Ludick
Position and company: Director of AEL Holdco Limited, a major subsidiary of AECI
Class of securities: Ordinary shares
Nature of transaction: On-market disposal of ordinary shares to settle the tax obligations arising from the LTIP
Date of transaction: 27 July 2016
Number of securities: 2 204
Price per security: 9 311,50 cents
Total value of transaction: R205 225,46
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
   
Name: Wayne Du Chenne
Position and company: Director of AEL Holdco Limited, a major subsidiary of AECI
Class of securities: Ordinary shares
Nature of transaction: On-market disposal of ordinary shares
Date of transaction: 27 July 2016
Number of securities: 3 116
Price per security: 9 311,50 cents
Total value of transaction: R290 146,34
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes

Woodmead, Sandton

28 July 2016

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


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