AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED - Results Of The General Meeting

Results Of The General Meeting

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")


RESULTS OF THE GENERAL MEETING


1. INTRODUCTION
   Shareholders are referred to the announcements released on SENS on 28 September 2023 and
   24 November 2023, and to the Circular relating to the disposal by Kilomix Investments Proprietary
   Limited ("Kilomix"), a wholly-owned subsidiary of AEEI, of 30 000 ordinary shares, constituting
   30% of the issued share capital of BT Communications Services South Africa Proprietary Limited
   ("BTSA"), a subsidiary of BT Limited, to BTSA for an aggregate amount of R290 million ("the
   Disposal"), as distributed to Shareholders on Friday, 24 November 2023.
   Terms defined in the Circular shall, unless otherwise stated, bear the same meaning in this
   announcement.

2. RESULTS OF GENERAL MEETING
   Shareholders are advised that, at the General Meeting held today, Thursday, 28 December 2023,
   all the resolutions as set out in the Notice of General Meeting were passed by the requisite
   majority of Shareholders.
   The number of Shares voted in person or by proxy was 401 731 442, representing 81.82% of the
   total issued share capital of the same class of AEEI Shares.
   The resolutions proposed at the General Meeting, together with the percentage of votes carried
   for and against each resolution, as well as the percentage of Shares abstained, are set out below:
                                                         % of votes       % of votes
                                                     carried for the     against the   % of Shares
                                                         resolution       resolution    abstained
    Ordinary Resolution Number 1
    Approval of the Disposal                                   100%              0%             0%
    Ordinary Resolution Number 2
    Authority granted to Directors and Company
    Secretary                                                  100%              0%             0%


28 December 2023
Cape Town

Corporate Advisor and Sponsor
Vunani Sponsors

Joint Sponsor
Merchantec Capital

Date: 28-12-2023 12:00:00
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