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 16 
April 2021, 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 
 
  12 March 2021           54 783    R99,9696 R100,9400    R98,2300   R5 476 634,60 
 
  15 March 2021           23 527   R100,7879 R101,1100   R100,0700   R2 371 237,35 
 
  16 March 2021           36 197   R100,8518 R101,6900    R99,6800   R3 650 532,60 
 
  17 March 2021           36 694   R101,7169 R102,7200    R98,0500   R3 732 399,93 
 
 
 
 
 
Woodmead, Sandton 
 
18 March 2021 
 
Equity and Debt Sponsor:  Rand Merchant Bank (A division of FirstRand Bank 
Limited) 
 
 
 
END

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March 18, 2021 05:00 ET (09:00 GMT)

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