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 
 
  18 March 2021           64 634   R101,7130 R103,7200   R100,6200  R6 574 118,0420 
 
  19 March 2021          182 239   R101,6552 R103,0300   R101,0300 R18 525 541,9928 
 
  23 March 2021           90 717   R100,8745 R101,8600    R99,9700  R9 151 032,0165 
 
  24 March 2021          154 464    R99,8966 R102,3200    R98,9200 R15 430 426,1054 
 
 
 
 
 
Woodmead, Sandton 
 
25 March 2021 
 
Equity and Debt Sponsor:  Rand Merchant Bank (A division of FirstRand Bank 
Limited) 
 
 
 
END

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March 25, 2021 04:50 ET (08:50 GMT)

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