AECI Limited - Dealings in Securities
News provided by
AECI Limited02 Dec, 2025, 14:45 GMT
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 |
| Nature of interest:
|
Indirect beneficial (purchased by Investec acting as an independent agent on behalf of the Trust) |
The breakdown of the acquisitions of Shares is as follows:
| Date |
Number of Shares |
VWAP
(cents per share) |
High (price) (cents per share) |
Low (price) (cents per share) |
Value |
| 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
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