AFE - AECI LIMITED - Announcement relating to the results of the General MeetingRelease Date: 25/01/2012 15:30:01 Code(s): AFE AFEP
AFE - AECI LIMITED - Announcement relating to the results of the General Meeting
of AECI shareholders
(Incorporated in the Republic of South Africa)
(Registration number 1924/002590/06)
JSE ordinary share code: AFE
JSE preference share code: AFEP
JSE ordinary share ISIN: ZAE000000220
JSE preference share ISIN: ZAE000000238
ANNOUNCEMENT RELATING TO THE RESULTS OF THE GENERAL MEETING OF AECI SHAREHOLDERS
AECI shareholders ("Shareholders") are referred to the announcement
released on the Securities Exchange News Service ("SENS") on Monday, 19
December 2011 and published in the press on Tuesday, 20 December 2011
relating to an update on the proposed Broad-based Black Economic
Empowerment ("B-BBEE") Transaction ("the proposed B-BBEE Transaction"), of
which full terms were released on SENS on Thursday, 13 October 2011 and
published in the press on Friday, 14 October 2011.
Shareholders are further referred to the circular to Shareholders
containing the full terms of the proposed B-BBEE Transaction, posted to
Shareholders on Wednesday, 26 October 2011 as well as the supplementary
circular posted to Shareholders on Wednesday, 21 December 2011.
2 Results of general meeting
Shareholders are advised that at the general meeting of Shareholders
held today, the ordinary and special resolutions in relation to the
proposed B-BBEE Transaction were approved by the requisite majority of
The special resolutions will be filed with the Companies and Intellectual
Property Commission, to the extent required.
25 January 2012
Investment bank and Attorneys and tax Reporting accountants and
transaction sponsor advisers auditors
The Standard Bank of KPMG Inc.
South Africa Limited Webber Wentzel
Accounting advisers Programme and Independent professional
implementation managers expert
Deloitte Services Proprietary Ernst & Young Advisory
Limited Services Limited
Rand Merchant Bank (a
division of FirstRand
Date: 25/01/2012 15:30:01 Supplied by www.sharenet.co.za
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