SENS Announcements

Renewal of Cautionary Announcement

AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1996/006093/06
Share code: AEE
ISIN: ZAE000195731
("the Company")

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement dated
1 October 2020 and the subsequent renewals of such cautionary
announcements, the last of which was dated 9 February 2021 regarding
the proposed Broad-Based Black Economic Empowerment transaction to be
implemented at Premier Fishing SA Proprietary Limited (“PFSA”), a
wholly owned subsidiary of Premier Fishing and Brands Limited (“PFB”)
(“BEE Transaction”).

Shareholders are advised that the terms in respect of the BEE
Transaction are still being finalised and accordingly, are advised to
continue to exercise caution when dealing in the Company’s securities
until a further announcement is made.

Cape Town
24 March 2021

Joint Sponsor
Vunani Sponsors

Joint Sponsor
Merchantec Capital

Date: 24-03-2021 05:19:00

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