ALTRON LIMITED - Dealing in Securities by an Associate of a Director

Dealing in Securities by an Associate of a Director

Altron LIMITED
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code: AEL
ISIN: ZAE000191342

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

Director                                         :             Mr AC Ball
Title                                            :             Non-Executive Director
Director                                         :             Mr T Ngara
Title                                            :             Non-Executive Director
Company                                          :             Allied Electronics Corporation Limited
Name of Associate                                :             Value Capital Partners (Pty) Ltd*
Relationship                                     :             The Directors have an indirect beneficial interest
                                                               in Value Capital Partners*

Date of transaction                              :             14 November 2023
Class of securities                              :             Altron A ordinary shares
Number of securities                             :             207 846
Lowest Price per security                        :             R 8.80
Highest Price per security                       :             R 9.00
VWAP                                             :             R 8.876092
Value of transaction                             :             R 1 844 860.21
Nature of transaction                            :             On-market purchase of securities
Nature of interest                               :             Indirect, Beneficial
Clearance to deal obtained                       :             Yes

Date of transaction                              :             16 November 2023
Class of securities                              :             Altron A ordinary shares
Number of securities                             :             2 252 238
Lowest Price per security                        :             R 9.70
Highest Price per security                       :             R 10.00
VWAP                                             :             R 9.781765
Value of transaction                             :             R 22 030 826.84
Nature of transaction                            :             On-market purchase of securities
Nature of interest                               :             Indirect, Beneficial
Clearance to deal obtained                       :             Yes

* Mr AC Ball and Mr T Ngara have an indirect beneficial interest in Value Capital Partners ("VCP"), which is the
  registered investment manager to Value Capital Partners H4 QI Hedge Fund and various other funds


Johannesburg
17 November 2023

Sponsor
Investec Bank Limited

Date: 17-11-2023 04:35:00
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