AECI Limited Director/PDMR Shareholding

 
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 or the Company) 
 
DEALINGS IN SECURITIES BY DIRECTORS, DIRECTOR OF MAJOR SUBSIDIARY, GROUP 
COMPANY SECRETARY AND PRESCRIBED OFFICERS 
 
Acceptance of awards of performance shares:  Long-term Incentive Plan (LTIP) 
 
In compliance with the JSE Limited Listings Requirements and Debt Listings 
Requirements, the following information is disclosed: 
 
In terms of the standard rules of the Company's LTIP, participants have been 
allocated a new award of performance shares in line with an annual process. 
These will convert into AECI ordinary shares and will vest three years after 
the grant date of 14 April 2022, subject to the performance conditions attached 
to each allocation being met.  The performance shares were issued at the grant 
price as indicated below and were accepted off-market on 1 August 2022 as 
follows: 
 
Name            Position and company      No. of shares   Grant price      Value 
 
MA Dytor        Chief Executive, AECI     69 294          R114.60          R7 941 
                                                                           092.40 
 
A Takoordeen    Chief Financial Officer,  46 294          R114.60          R5 305 
                AECI                                                       292.40 
 
KM Kathan       Director of AECI Mining   46 161          R114.60          R5 290 
                Limited, a major                                           050.60 
                subsidiary of AECI 
 
C Singh         Group Company Secretary,  22 682          R114.60          R2 599 
                AECI                                                       357.20 
 
DJ Mulqueeny    Prescribed Officer, AECI  27 112          R114.60          R3 107 
                                                                           035.20 
 
DK Murray       Prescribed Officer, AECI  27 112          R114.60          R3 107 
                                                                           035.20 
 
Clearance has been obtained by all the above-mentioned recipients for the 
acceptance of their awards. All interests are direct beneficial. 
 
Woodmead, Sandton 
2 August 2022 
 
Equity and Debt Sponsor:  Rand Merchant Bank (A division of FirstRand Bank 
Limited) 
 
 
 
END

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