AECI Limited - Disclosure of Significant holding of AECI shares
September 22 2023 - 9:00AM
PR Newswire (US)
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)
DISCLOSURE
OF SIGNIFICANT HOLDING OF AECI SHARES
In
accordance with section 122(3)b) of the Companies Act, No. 71 of
2008 as amended (the Companies Act), regulation 121(2)(b) of the
Companies Regulations, 2011 and paragraph 3.83(b) of the JSE
Limited Listings Requirements, shareholders and noteholders are
advised that Public Investment Corporation SOC Limited (PIC) has
notified the Company that accounts under its management have
increased its holding in the Company such that PIC now holds
23.207% of the issued ordinary shares in the Company.
As
required in terms of section 122(3)(a) of the Companies Act, the
Company has filed the required notice with the Takeover Regulation
Panel.
The Board
of Directors of AECI accepts responsibility for the information
contained in this announcement as it relates to the Company and
confirms that, to the best of its knowledge and belief, such
information relating to AECI is true and that this announcement
does not omit anything likely to affect the importance of such
information.
Woodmead,
Sandton
22 September 2023
Sponsor:
Rand Merchant Bank (A division of
FirstRand Bank Limited)
Copyright r 22 PR Newswire
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