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 
 
30 March 2022              8 146 R114,578974   R114,94     R113,81     R933 360,00 
 
31 March 2022             18 323 R114,767481   R115,65     R114,00   R2 102 885,00 
 
1 April 2022              37 456 R115,899113   R116,80     R115,00   R4 341 117,00 
 
4 April 2022             351 492 R114,546323   R116,12     R114,34  R40 262 116,00 
 
 
 
 
 
Woodmead, Sandton 
 
5 April 2022 
 
Equity and Debt Sponsor:  Rand Merchant Bank (A division of FirstRand Bank 
Limited) 
 
 
 
END

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