PR Newswire
LONDON, United Kingdom, May 08
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 A DIRECTOR, PRESCRIBED OFFICERS AND THE GROUP COMPANY
SECRETARY
In compliance with paragraphs 6.77 to 6.83 of the JSE Listings Requirements, the
following information is disclosed:
Acceptance of awards of performance shares: Long-term Incentive Plan (LTIP)
In terms of the standard rules of the Company’s LTIP, participants have been
allocated new awards of performance shares in line with an annual award process.
These will convert into AECI ordinary shares and will vest three years after the
grant date, on 31 March 2029, subject to the performance conditions attached to
each allocation being met.
Theawards of performance shares were accepted by the relevant participants on 8
May 2026, and the performance shares were issued on the same date at the grant
price of R111.27 per share, as follows:
Name Position and company Number of Value
performance
shares
Ian Chief Financial Officer, AECI 55 709 R6198740.43
Kramer
Dean Prescribed Officer, AECI 50 568 R5626701.36
Murray (Interim Chief Executive
Officer)
Stuart Prescribed Officer, AECI 54 800 R6097596.00
Miller (Executive Vice President, AECI
Mining)
Cheryl Group Company Secretary, AECI 31 715 R3528928.05
Singh
The abovementioned transactions, for which the prescribed clearance was granted
in terms of paragraph 6.83 of the JSE Listings Requirements, were effected off
-market. All participants have a direct beneficial interest.
Woodmead, Sandton
8 May 2026
Equity Sponsor: One Capital
Debt Sponsor: Questco Proprietary Limited
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