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, A PRESCRIBED OFFICER AND THE GROUP COMPANY SECRETARY

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”), the following information is disclosed:

 

Acceptance of awards of performance shares: Value Unlock Incentive Scheme (“VUIS”)

In terms of the standard rules of the Company’s VUIS, 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 one year after the grant date of 14 April 2025, and be exercisable one year after the vesting date, subject to the performance conditions attached to each allocation being met. The   awards of performance shares were accepted by the relevant participants on Monday, 30   June   2025 and the performance shares were issued at the grant price of R92.9000 on the same date, as follows:

 

                                                 Number of
 Name            Position and company            performance Value
                                                 shares

 H Riemensperger Chief Executive 30 440                      R2 827 876.00
                 Officer, AECI

 I Kramer        Chief Financial Officer, AECI   16 011      R1 487 421.90

                 Prescribed Officer, AECI
 DK Murray       (Executive Vice President, AECI 10 887      R1 011 402.30
                 Chemicals)

 C Singh         Group Company Secretary, AECI   8 269       R768 190.10

The abovementioned transactions, for which the prescribed clearance was granted in terms of paragraph 3.66 of the Listings Requirements, were effected off-market. All participants have a direct beneficial interest in the Company.

 

 

Woodmead, Sandton

30 June 2025

 

Equity Sponsor:   One Capital

 

Debt Sponsor:   Questco Proprietary Limited