AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED - Dealing In African Equity Empowerment Investments Limited Shares By An Associate Of A Director

Dealing In African Equity Empowerment Investments Limited Shares By An Associate Of A Director

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”)

DEALING IN AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED SHARES BY AN
ASSOCIATE OF A DIRECTOR

With reference to the above, the following information is accordingly
disclosed in compliance with rules 3.63 to 3.74 of the JSE Limited’s
Listings Requirements:

NAME OF DIRECTOR                   K Abdulla

COMPANY OF WHICH I AM A DIRECTOR   African Equity Empowerment
                                   Investments Limited

STATUS:EXECUTIVE/NON-EXECUTIVE     Executive

TYPE OF SECURITIES                 Shares
CLASS OF SECURITIES                Ordinary

DATE OF TRANSACTION                17 February 2017

PRICE PER SHARE                    R3.50

NUMBER OF SECURITIES TRANSACTED    5 000 000

TOTAL RAND VALUE OF SECURITIES     R17 500 000.00

NAME OF ASSOCIATE                  K2011146299 (South Africa)
                                   Proprietary Limited
                                   (“K2011146299”)

RELATIONSHIP WITH DIRECTOR         The Fisk Trust (an associate of Mr
                                   Abdulla) is the majority
                                   shareholder of K2011146299.

NATURE OF TRANSACTION              Purchase (Off-market transaction)

NATURE AND EXTENT OF INTEREST IN   Indirect, beneficial
THE TRANSACTION

CLEARANCE OBTAINED                 Yes

Cape Town
20 February 2017

Sponsor
PSG Capital

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