Allied Electronics Corporation Limited : ALLIED ELECTRONICS CORPORATION LTD - Dealing in securities by directors of Altron & by directors and a company secretary of major subsidiaries of Altron
January 20, 2014 at 04:31 am EST
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ALLIED ELECTRONICS CORPORATION LTD - Dealing in securities by directors of Altron & by directors and a company secretary of major subsidiaries of Altron
17 January 2014 10:45
ATN ATNP 201401170030A
Dealing in securities by directors of Altron & by directors and a company secretary of major subsidiaries of Altron
Allied Electronics Corporation Limited
Registration number 1947/024583/06)
Incorporated in the Republic of South Africa)
Share Code: ATN ISIN: ZAE000029658
Share Code: ATNP ISIN: ZAE000029666
("Altron" or "the company")
Dealing in securities by directors of Altron and by directors and a company secretary of
major subsidiaries of Altron
In compliance with paragraph 3.63 of the JSE Listings Requirements, the following information is
disclosed:
Name of director: RE Venter
Designation: Chief Executive
Name of company: Allied Electronics Corporation Limited
Date of transaction: 15 January 2014
Number of securities: 19 730 Altron participating preference shares
Price sold: R23.10
Value of transaction R455 763.00
Nature of transaction: Sale of shares in the open market pursuant to the vesting
and exercise of Altron performance shares and bonus
shares (participating preference shares) in terms of The
Altron 2009 Share Plan as adopted and approved by
shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of director: RE Venter
Designation: Chief Executive
Name of company: Allied Electronics Corporation Limited
Date of transaction: 15 January 2014
Number of securities: 27 249 Altron participating preference shares
Exercise price: R23.70
Value of transaction R645 801.30
Nature of transaction: Settlement of shares pursuant to the vesting and exercise of
Altron performance shares and bonus shares (participating
preference shares) in terms of The Altron 2009 Share Plan
as adopted and approved by shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of director: AMR Smith
Designation: Chief Financial Officer
Name of company: Allied Electronics Corporation Limited
Date of transaction: 15 January 2014
Number of securities: 16 694 Altron participating preference shares
Exercise price: R23.70
Value of transaction R395 647.80
Nature of transaction: Settlement of shares pursuant to the vesting and exercise of
Altron performance shares and bonus shares (participating
preference shares) in terms of The Altron 2009 Share Plan
as adopted and approved by shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of director: RJ Abraham
Designation: Chief Executive Officer
Name of company: Bytes Technology Group Proprietary Limited
Date of transaction: 15 January 2014
Number of securities: 15 525 Altron participating preference shares
Exercise price: R23.70
Value of transaction R367 942.50
Nature of transaction: Settlement of shares pursuant to the vesting and exercise of
Altron performance shares and bonus shares (participating
preference shares) in terms of The Altron 2009 Share Plan
as adopted and approved by shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of director: PR Riskowitz
Designation: Chief Financial Officer
Name of company: Bytes Technology Group Proprietary Limited
Date of transaction: 15 January 2014
Number of securities: 9 771 Altron participating preference shares
Exercise price: R23.70
Value of transaction R231 572.70
Nature of transaction: Settlement of shares pursuant to the vesting and exercise of
Altron performance shares and bonus shares (participating
preference shares) in terms of The Altron 2009 Share Plan
as adopted and approved by shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of director: NM Kayton
Designation: Chief Executive Officer
Name of company: Power Technologies Proprietary Limited
Date of transaction: 15 January 2014
Number of securities: 7 817 Altron participating preference shares
Price sold: R23.10
Value of transaction R180 572.70
Nature of transaction: Sale of shares in the open market pursuant to the vesting
and exercise of Altron performance shares and bonus
shares (participating preference shares) in terms of The
Altron 2009 Share Plan as adopted and approved by
shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of director: S Hemphill
Designation: Chief Financial Officer
Name of company: Power Technologies Proprietary Limited
Date of transaction: 15 January 2014
Number of securities: 525 Altron participating preference shares
Price sold: R23.10
Value of transaction R12 127.50
Nature of transaction: Sale of shares in the open market pursuant to the vesting
and exercise of Altron bonus shares (participating preference
shares) in terms of The Altron 2009 Share Plan as adopted
and approved by shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of director: S Mkhabela
Designation: Executive Director
Name of company: Power Technologies Proprietary Limited
Date of transaction: 15 January 2014
Number of securities: 7 993 Altron participating preference shares
Price sold: R23.10
Value of transaction R184 638.30
Nature of transaction: Sale of shares in the open market pursuant to the vesting
and exercise of Altron performance shares and bonus
shares (participating preference shares) in terms of The
Altron 2009 Share Plan as adopted and approved by
shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of director: KG Edmond
Designation: Executive Director
Name of company: Power Technologies Proprietary Limited
Date of transaction: 15 January 2014
Number of securities: 1 140 Altron participating preference shares
Price sold: R23.10
Value of transaction R26 334.00
Nature of transaction: Sale of shares in the open market pursuant to the vesting
and exercise of Altron bonus shares (participating preference
shares) in terms of The Altron 2009 Share Plan as adopted
and approved by shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of director: G Geldenhuys
Designation: Executive Director
Name of company: Power Technologies Proprietary Limited
Date of transaction: 15 January 2014
Number of securities: 7 426 Altron participating preference shares
Price sold: R23.10
Value of transaction R171 540.60
Nature of transaction: Sale of shares in the open market pursuant to the vesting
and exercise of Altron performance shares and bonus
shares (participating preference shares) in terms of The
Altron 2009 Share Plan as adopted and approved by
shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of director: B Meyer
Designation: Executive Director
Name of company: Power Technologies Proprietary Limited
Date of transaction: 15 January 2014
Number of securities: 3 099 Altron participating preference shares
Price sold: R23.10
Value of transaction R71 586.90
Nature of transaction: Sale of shares in the open market pursuant to the vesting
and exercise of Altron bonus shares (participating preference
shares) in terms of The Altron 2009 Share Plan as adopted
and approved by shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of director: Dr H Chikwanda
Designation: Executive Director
Name of company: Power Technologies Proprietary Limited
Date of transaction: 15 January 2014
Number of securities: 1 037 Altron participating preference shares
Price sold: R23.10
Value of transaction R23 954.70
Nature of transaction: Sale of shares in the open market pursuant to the vesting
and exercise of Altron bonus shares (participating preference
shares) in terms of The Altron 2009 Share Plan as adopted
and approved by shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of company secretary: E Defillo
Designation: Company Secretary
Name of company: Power Technologies Proprietary Limited
Date of transaction: 15 January 2014
Number of securities: 277 Altron participating preference shares
Price sold: R23.10
Value of transaction R6 398.70
Nature of transaction: Sale of shares in the open market pursuant to the vesting
and exercise of Altron bonus shares (participating preference
shares) in terms of The Altron 2009 Share Plan as adopted
and approved by shareholders
Nature of interest: Direct beneficial
Clearance to deal obtained: Yes
Johannesburg
17 January 2014
Sponsor
Investec Bank
Date: 17/01/2014 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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information disseminated through SENS.
Altron Limited is a holding company organized around 4 areas of activity:
- design and manufacturing of electronic systems: stolen vehicles location systems, electronic payment systems, security systems, smart cards, etc. The group also provides Internet services;
- computing services: outsourcing services, computing systems integration, medical practice management software development, etc.;
- manufacturing and sale of electric products: energy cables, telecom cables, reactors, transformers, switches, batteries, solar systems, energy management systems, etc.;
- other: primarily financial services.
Allied Electronics Corporation Limited : ALLIED ELECTRONICS CORPORATION LTD - Dealing in securities by directors of Altron & by directors and a company secretary of major subsidiaries of Altron