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AVI LIMITED - Notice in terms of section 122(3)(b)of the Companies Act and paragraph 3.83(b) of the JSE Listings Requirements

Release Date: 21/11/2013 08:56
Code(s): AVI     PDF:  
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Notice in terms of section 122(3)(b)of the Companies Act and paragraph 3.83(b) of the JSE Listings Requirements

AVI Limited
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI”)

NOTICE TO SHAREHOLDERS OF AVI IN TERMS OF SECTION 122(3)(B)OF THE
COMPANIES ACT AND PARAGRAPH 3.83(B) OF THE JSE LISTINGS REQUIREMENTS

In terms of section 122 of the Companies Act 71 of 2008 (“the
Companies Act”), if a company receives notification from any
shareholder that has either acquired or disposed of a beneficial
interest in sufficient number of shares in the company such that, as
a result of the acquisition or disposal (as the case may be) the
shareholder’s beneficial interest in shares moves above or below 5%
or any multiple of 5% of the issued shares in the company, the
acquisition or disposal (as the case may be) needs to be disclosed to
shareholders.

In compliance with section 122(3)(b) of the Companies Act and
paragraph 3.83(b) of the Listing Requirements of the JSE Limited,
shareholders are advised that AVI has received notification from
Liberty Life Group Limited (“Liberty”) of the disposal by Liberty of
AVI shares, such that Liberty’s total beneficial interest in AVI has
moved from above 5% to below 5% of AVI‘s issued shares and now stands
at 4.61% of AVI’s issued shares.

Illovo
Sandton
21 November 2013

Sponsor
The Standard Bank of South Africa Limited

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