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, 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 14 
April 2022, 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 
 
 24 March 2022           14 816 R113,331203 R113,5900   R112,7800   R1 679 115,00 
 
 25 March 2022           11 357 R115,228179 R115,3100   R114,6300   R1 308 646,00 
 
 28 March 2022           14 925 R113,644885 R116,0000   R112,3400   R1 696 150,00 
 
 29 March 2022          182 314 R113,226322 R114,3700   R112,0100  R20 642 744,00 
 
 
 
 
 
Woodmead, Sandton 
 
30 March 2022 
 
Equity and Debt Sponsor:  Rand Merchant Bank (A division of FirstRand Bank 
Limited) 
 
 
 
END

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