2nd Aug 2019 09:30
ACACIA MINING PLC - Dealing in Securities by a DirectorACACIA MINING PLC - Dealing in Securities by a Director
PR Newswire
London, August 2
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
(“AECI” or “the Company”')
DEALING IN SECURITIES BY A DIRECTOR
In compliance with JSE Limited Listings Requirements, shareholders are advised of the following sale under the AECI Long-term Incentive Plan (“LTIP”) in respect of the awards that vested on 30 June 2019:
| Name: | Mark Kathan |
| Position and company: | Chief Financial Officer, AECI |
| Date of transaction: | 1 August 2019 |
| Nature of transaction: | On-market sale of ordinary shares to settle the tax obligations arising from the LTIP |
| Number of securities: | 12 969 |
| Class of securities: | Ordinary shares |
| Price per security: | 9 288,35 cents |
| Total value of transaction: | R1 204 606,11 |
| Highest price | 9 340,00 cents |
| Lowest price | 9 220,00 cents |
| Extent of interest: | Direct beneficial |
| Clearance to deal obtained: | Yes |
Woodmead, Sandton
2 August 2019
Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Related Shares:
ACA.L