AECI long term incentive scheme boosts shareholdings

AECI Limited's Long Term Incentive Scheme (Scheme) recently completed a series of on-market acquisitions of AECI ordinary shares. From February 28, 2024, to March 7, 2025, the Scheme acquired a total of 629,546 shares, representing a significant investment in the company's equity.

The largest single acquisition occurred on March 4, 2024, when 344,413 shares were purchased at a volume-weighted average price (VWAP) of R95.8987 per share, totaling R33,028,758.96. Another notable acquisition took place on March 5, 2025, involving 197,462 shares at R95.3788 per share, for a value of R18,833,688.61.

Overall, the acquisitions demonstrate continued investment through the Scheme. The transactions ranged in VWAP from R93.0100 to R96.8198, with the total value of shares acquired during this period amounting to R58,315,718.17. The Scheme holds a direct beneficial interest in these acquired shares.