ALTRON LIMITED

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

DEALING IN SECURITIES BY AN EXECUTIVE DIRECTOR OF THE COMPANY

In compliance with paragraph 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed:

Director

:

Mr. Mteto Nyati

Date of transaction

:

23 February 2022

Number of securities

:

292,705

Class of securities

:

Altron A ordinary shares

VWAP

:

R7.80

Highest Price per Share

:

R7.83

Lowest Price per Share

:

R7.80

Total value of transaction

:

R2,283,479.57

Nature of interest

Direct beneficial

Clearance obtained

:

Yes

Reason for sale and nature of transaction

:

2017 allocation of Altron long-term incentive

shares have vested in accordance with Altron Share

Plan Rules. Mr. Nyati has elected to retain the

vested shares in his personal capacity.

Johannesburg

25 February 2022

Sponsor

Investec Bank Limited

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ALTRON - Allied Electronics Corporation Limited published this content on 25 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2022 15:36:38 UTC.