Wrap Text
Distribution of Annual General Meeting Notice, Share Consolidation Circular and Integrated Report
AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
ISIN: ZAE000111829
SHARE CODE: AEG
("Aveng" or "the Group")
Distribution of Annual General Meeting Notice, Share Consolidation Circular and Integrated Report
Shareholders are hereby advised that the Notice of the Virtual Annual General Meeting (“AGM”) which includes
summarised consolidated annual financial statements, integrated report and the share consolidation circular will be
posted to Aveng shareholders on Tuesday, 12 October 2021.
Notice is hereby given that the seventy-seventh Annual General Meeting of shareholders will be held virtually at
09:00 on Wednesday, 10 November 2021, to transact the business as set out in the Notice of the Annual General
Meeting.
The notice of AGM, integrated report and circular are available in English only and will be available on Aveng’s
website https://www.aveng.co.za/agm.php.
Share consolidation circular
Shareholders are hereby advised of the proposed restructuring of Aveng’s authorised and issued share capital by
consolidating its authorised and issued share capital on the basis of 1-for-500 by the consolidation of every 500
shares into 1 share. Subject to the approval and implementation of the consolidation, fractions of consolidated
shares will not be issued. In the case of fractional entitlements, all allocations of shares will be rounded down to the
nearest whole number resulting in allocations of whole shares. Cash payment in respect of fractional entitlements will
be determined with reference to the volume weighted average price less 10%.
Salient Dates and times
2021
Record date to be eligible to receive this circular and the notice of the annual Friday, 1 October
general meeting
Announcement providing details of the consolidation, giving salient dates, Tuesday, 12 October
advising of the distribution of this circular and giving the date and place of the
annual general meeting released on SENS on
Circular, notice of annual general meeting, form of proxy and form of surrender, Tuesday, 12 October
and Integrated Report distributed to shareholders
Last day to trade to be on the register to be able to attend, participate in and vote Tuesday, 2 November
at the electronic annual general meeting
Record date in order to be eligible to attend, participate in and vote at the annual Friday, 5 November
general meeting
Last day for lodging forms of proxy in respect of the annual general meeting by Monday, 8 November
09:00 on
Forms of proxy not lodged with transfer secretaries to be handed to the chairman Wednesday, 10 November
of the annual general meeting, at any time before the proxy exercises any rights
of the shareholder at the annual general meeting
Electronic annual general meeting of shareholders to be held at 09:00 on Wednesday, 10 November
Results of annual general meeting released on SENS on Wednesday, 10 November
Special resolutions to be filed with the CIPC Thursday, 11 November
2021
PLEASE NOTE THAT THE DATES PROVIDED BELOW RELATING TO THE CONSOLIDATION ARE
SUBJECT TO SPECIAL RESOLUTIONS BEING REGISTERED BY CIPC AND THE JSE BEING PROVIDED
WITH A CERTIFIED COPY OF THE SPECIAL RESOLUTIONS AS REGISTERED BY CIPC. THE TIMETABLE
BELOW IN RESPECT OF THE CONSOLIDATION WILL HAVE TO BE AMENDED SHOULD REGISTRATION
OF THE RESOLUTIONS BY CIPC NOT HAVE BEEN RECEIVED BY THIS DATE.
Expected date of special resolutions registered by the CIPC by no later than Monday, 29 November
Expected publication of finalisation announcement on SENS Tuesday, 30 November
Expected last day to trade under the present share capital prior to the Tuesday, 7 December
consolidation
Expected date for trading in consolidated shares on the new ISIN ZAE000302618 Wednesday, 8 December
and suspension of trading in shares on the old ISIN ZAE000111829
Announcement released on SENS in respect of the cash payment applicable to Thursday, 9 December
fractional entitlements, based on the volume weighted average price of
consolidated shares traded on Wednesday, 8 December 2021, less 10%, by
11:00 am on
Forms of surrender for new certificates to be received by the transfer secretaries Friday, 10 December
in order for previously certificated shareholders to have their entitlements
credited to their account with Computershare Nominees on Monday,
13 December 2021, by 12:00 on
Expected record date Friday, 10 December
Dematerialised shareholders will have their accounts at their CSDP or broker Monday, 13 December
updated and will receive fraction allocation payments on
Date that previously certificated shareholders will have their entitlements credited Monday, 13 December
to their accounts within Computershare Nominees
Notes:
1. The specified dates and times are South African and are subject to amendment. Any such amendment will be
released on SENS and published in the South African press.
2. Shares in the consolidated form may not be dematerialised after the last day to trade prior to the consolidation,
expected to be Tuesday, 7 December 2021.
.
12 October 2021
Melrose Arch
JSE Sponsor
UBS South Africa Proprietary Limited
Itumeleng Lepere
Stakeholder Engagement Lead
Tel: 011 779 2800
Email: investor.relations@avenggroup.com
Date: 12-10-2021 04:46:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
