AECI Limited No Change Statement

 
TIDM87FZ 
 
AECI LIMITED 
Incorporated in the Republic of South Africa 
(Registration number: 1924/002590/06) 
Share code: AFE ISIN: ZAE000000220 
Hybrid code: AFEP ISIN: ZAE000000238 
Bond company code: AECI 
LEI: 3789008641F1D3D90E85 
(AECI or the company) 
 
NO CHANGE STATEMENT, AVAILABILITY OF AFS AND GUARANTORS' AFS, UPDATE TO 
INFORMATION INCORPORATED BY REFERENCE, NOTICE OF AGM, CHANGES TO THE BOARD AND 
BOARD COMMITTEES 
 
No change statement 
 
With regard to the audited results of the company for the year ended 31 
December 2022, shareholders and noteholders are advised that the company's 
summarised annual financial statements, which form part of the notice of the 
annual general meeting, have been distributed to shareholders today, Friday, 28 
April 2023 and contain no modifications to the audited results which were 
published on SENS on 1 March 2023. We further confirm that there have been no 
changes to the auditor's report which was referenced in the company's audited 
results announcement and made available at the company's registered office on 
the same date as the release of the audited results. 
 
Annual financial statements 
 
The group annual financial statements (AFS) for the year ended 31 December 2022 
are available at https://www.ftp.aeciworld-online.com/reports/ar-2022/pdf/ 
AECI2022fullafs.pdf and are also available for inspection at the company's 
registered office. 
 
Noteholders should note that the AFS for each of the guarantors (namely AECI 
Mining Limited, AECI Mauritius Ltd, Chemical Services Limited and Much Asphalt 
Proprietary Limited) to the company's Domestic Medium Term Note Programme for 
the year ended 31 December 2022 (guarantors' AFS) will be available for 
inspection at the company's registered office from today. 
 
Noteholders are further advised that the audit report on the AFS for the year 
ended 31 December 2022 of each of the guarantors was unqualified, with no 
modifications applicable. 
 
Update to information incorporated by reference 
 
Noteholders are further advised that pursuant to paragraphs 4.21 and 6.55 of 
the JSE Debt Listings Requirements, the updated King IV application statement, 
incorporated by reference in the company's ZAR 5 000 000 000 Domestic Medium 
Term Note Programme dated 4 September 2018 (the King IV M report), has been 
updated. 
 
The King IV report is available for inspection at the registered office of AECI 
and on AECI's website at: https://investor.aeciworld.com/governance 
 
Notice of annual general meeting 
 
Notice is hereby given that the 99th annual general meeting of AECI 
shareholders will be held on the ground floor, AECI Place, 24 The Woodlands, 
Woodlands Drive, Woodmead, Sandton on Tuesday, 30 May 2023 at 09:00 (SA time) 
to transact the business as stated in the annual general meeting notice that is 
available at https://www.ftp.aeciworld-online.com/reports/ar-2022/pdf/ 
NoticeofAGM2022.pdf 
 
Salient dates 
 
Issuer name                                            AECI Limited 
 
Type of instrument                                     Ordinary shares 
 
ISIN                                                   ZAE000000220 
 
JSE share code                                         AFE 
 
Meeting type                                           Annual general meeting 
 
Meeting venue                                          Ground floor, AECI Place, 24 The 
                                                       Woodlands, Woodlands Drive, 
                                                       Woodmead, Sandton 
 
Record date - to determine which shareholders are      Friday, 14 April 2023 
entitled to receive the notice of meeting 
 
Publication/posting date                               Friday, 28 April 2023 
 
Last day to trade - last day to trade to determine     Tuesday, 16 May 2023 
eligible shareholders that may attend, speak and vote 
at the meeting 
 
Record date - record date to determine eligible        Friday, 19 May 2023 
shareholders that may attend, speak and vote at the 
meeting 
 
Meeting deadline date (for administrative purposes,    09:00 (SA time) on Friday, 26 
forms of proxy for the meeting to be lodged) *         May 2023 
 
Meeting date                                           09: 00 (SA time) on Tuesday, 30 
                                                       May 2023 
 
Publication of results                                 Wednesday, 31 May 2023 
 
Web site link                                          aeci-investor.squarespace.com/ 
 
* Any proxies not lodged by this time must be handed to the Chairman of the 
annual general meeting or, failing him, the Group Company Secretary immediately 
prior to such proxy exercising his/her right to vote at the annual general 
meeting. 
 
Changes to the Board and Board Committees 
 
Mr Gomwe, an independent non-executive director, who retires by rotation in 
terms of clause 14.3 of the MOI, will not stand for re-election and will retire 
from the Board immediately following the conclusion of the AGM. Mr Gomwe will 
also resign as a member of the Audit, Remuneration and HR, Nominations, 
Governance and Director Affairs Committees. 
 
Shareholders and noteholders are referred to the SENS announcement released on 
26 April 2023, regarding the resignation of the chief financial officer (CFO) 
and are advised that the CFO has also resigned as a member of the Risk 
Committee. 
 
Woodmead, Sandton 
28 April 2023 
 
Equity and Debt Sponsor: 
Rand Merchant Bank (A division of FirstRand Bank Limited) 
 
 
 
END
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