ALTRON LIMITED
(Registration number 1947/024583/06) (Incorporated in the Republic of South Africa) Share Code: AEL ISIN: ZAE000191342 ("Altron" or "Altron Group" or the "Company")
DEALING IN SECURITIES BY AN EXECUTIVE DIRECTOR OF THE COMPANY
In compliance with paragraph 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed:
Director | : | Mr. Mteto Nyati (outgoing Chief Executive Officer) |
Date of transaction | : | 14 June 2022 |
Number of securities | : | 142 806 |
Class of securities | : | Altron A ordinary shares |
VWAP | : | R8.23 |
Highest Price per Share | : | R8.25 |
Lowest Price per Share | : | R8.06 |
Total value of transaction | : | R1,176,164.49 |
Nature of interest | : | Direct beneficial |
Transaction Type: | : | On-the market |
Clearance obtained | : | Yes |
Reason for sale and nature of transaction | : | 2019 allocation of Altron long-term incentive |
shares have vested in accordance with Altron Share | ||
Plan Rules. Mr. Nyati has elected to retain the | ||
vested shares in his personal capacity and has sold | ||
shares which are sufficient to cover his personal tax | ||
liability. | ||
Johannesburg | ||
15 June 2022 | ||
Sponsor | ||
Investec Bank Limited |
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ALTRON - Allied Electronics Corporation Limited published this content on 15 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2022 15:12:01 UTC.