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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, THE 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 13 April 2023, 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
31 July 2023 as follows:
Name Position and company No. of shares Grant price Value
H Riemensperger Chief Executive, AECI 93 080 R91.6422 R8 530 056
KM Kathan Executive Director, AECI 61 409 R91.6422 R5 627 656
(Managing Director of AECI Mining
Limited, a major subsidiary of
AECI)
C Singh Group Company Secretary, AECI 30 525 R91.6422 R2 797 378
DJ Mulqueeny Prescribed Officer, AECI 36 391 R91.6422 R3 334 951
DK Murray Prescribed Officer, AECI 35 677 R91.6422 R3 269 519
Clearance has been obtained from the Chairman in respect of the above transactions. All interests are direct
beneficial.
Woodmead, Sandton
1 August 2023
Equity and Debt Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)
