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

 

AECI shareholders (Shareholders) and noteholders are advised that, on 19 November 2025, the Company, on behalf of the AECI   Employee Share Scheme Trust (Trust), concluded a hedging arrangement with Investec Bank Limited (Investec), an independent third party, to hedge the Trust's potential future obligation to deliver AECI ordinary shares (Shares) to its participants, in accordance with the rules of the Trust (Hedging Transaction). The Hedging Transaction provides for the acquisition of a maximum of 488   006 Shares at a price not exceeding a 2% premium on the volume weighted average price (VWAP) of Shares over the five preceding trading days.

 

Shareholders and noteholders are hereby advised of the following acquisitions of Shares, on behalf of the Trust, in execution of the Hedging Transaction, between 17 November 2025 and 19 November 2025:

 

        Name of entity:                  Investec, on behalf of the Trust

Class of securities:             Ordinary shares

Nature of transaction:           Purchase of Shares pursuant to the Hedging
                                 Transaction

Transaction completed:           On-market

Total number of Shares acquired: 488 006

Total value of Shares acquired:  R42 708 319.53

                                 Indirect beneficial (purchased by Investec
Nature of interest:              acting as an independent agent on behalf of the
                                 Trust)

 

The breakdown of the acquisitions of Shares is as follows:

 

 ____________________________________________________________________________
|           |                |          |High      |Low       |              |
|           |                |VWAP      |          |          |              |
|Date       |Number of Shares|          |(price)   |(price)   |Value         |
|           |                |(cents per|          |          |              |
|           |                |share)    |(cents per|(cents per|              |
|           |                |          |share)    |share)    |              |
|___________|________________|__________|__________|__________|______________|
|17 Nov 2025|254 052         |8 784.0000|8 830     |8 651     |R22 315 927.68|
|___________|________________|__________|__________|__________|______________|
|18 Nov 2025|183 954         |8 722.9802|8 783     |8 664     |R16 046 271.00|
|___________|________________|__________|__________|__________|______________|
|19 Nov 2025|50 000          |8 692.2417|8 777     |8 653     |R4 346 120.85 |
|___________|________________|__________|__________|__________|______________|

 

 

Woodmead, Sandton

2 December 2025

 

 

Equity Sponsor:   One Capital

 

Debt Sponsor: Questco Proprietary Limited