Sens Announcements – Details
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 ("AEEI" or "the Company")
RENEWAL OF CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the cautionary announcement dated 4 June 2021 and the subsequent renewal of such cautionary announcements, the last of which was dated 29 July 2021 regarding a determination on whether the British Telecommunications South Africa Proprietary Limited (“BTSA”) Call Option (“BT Call Option”) was validly exercised. AEEI had informed BTSA that the call option is not capable of being exercised.
AEEI will deal directly with the board of directors of BTSA and with BT Limited to resolve the issue of the BT Call Option. Shareholders are therefore advised to continue to exercise caution when dealing in the Company’s securities until further announcements in respect of the BT Call Option are made.
Cape Town 10 September 2021
Joint Sponsor Vunani Sponsors
Joint Sponsor Merchantec Capital
Date: 10-09-2021 02:00:00
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