AFRICAN BANK INVESTMENTS LIMITED - Finalisation Announcement in Respect of the Name Change

Finalisation Announcement in Respect of the Name Change

AFRICAN BANK INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1946/021193/06)
Ordinary share code: ABL       ISIN: ZAE000030060
Hybrid instrument code: ABLP      ISIN: ZAE000065215
(“ABIL” or “the Company”)


FINALISATION ANNOUNCEMENT IN RESPECT OF THE NAME CHANGE


Shareholders are referred to the Notice of Annual General Meeting distributed to shareholders on
8 August 2016 (“Notice”) in respect of, inter alia, the change of name of the Company from African Bank
Investments Limited to African Phoenix Investments Limited (“Name Change”). Shareholders are further
referred to the SENS announcements pertaining to the “Proposed Change of Name” dated 18 August
2016, setting out the salient dates and times in respect of the Name Change, the “Results of Annual
General Meeting” dated 6 September 2016 wherein shareholders were advised that, inter alia, the
resolution approving the Name Change was passed by the requisite majority of shareholders, and the
“Update Regarding the Proposed Change of Name” dated 23 September 2016, wherein shareholders
were advised, inter alia, that the previously published salient dates and times pertaining to the Name
Change were no longer applicable as the Company was still awaiting registration of the relevant
resolution (“Special Resolution”) by the Companies and Intellectual Property Commission (“CIPC”).
Shareholders are referred to the “Condensed Audited Financial Results for the Year Ended 30 September
2016” (“Results”) released on SENS on 21 December 2016 in which they were advised, inter alia, that
the Special Resolution, together with all prescribed documents, has been registered by CIPC.

Shareholders are further referred to the Results announcement in which it was also stated that “…the
Company is working with the JSE Limited (“JSE”) to ensure the lifting of the suspension in the trading of
its ordinary and preference shares as soon as practicably possible, which at the request of the Board, will
resume under the new Company name”, and are hereby advised that the JSE has approved the lifting of
the suspension. Accordingly the salient dates and times pertaining to the Name Change, are as follows:

                                                                                                    2017

Last day to trade in ABIL shares in respect of the Name Change                       Tuesday, 31 January

Lifting of suspension of securities                                                Wednesday, 1 February
Listing of and trading in new ordinary and preference shares on the
JSE under JSE code AXL and ISIN: ZAE000221370, and AXLP and
ISIN: ZAE000221388, respectively, from commencement of business
on                                                                                 Wednesday, 1 February
Record date                                                                           Friday, 3 February
Date of issue of new replacement share certificates provided that the
old share certificates have been lodged by 12:00 on the Record Date
(share certificates received after this time will be posted within five
business days of receipt) on or about                                                 Monday, 6 February
Dematerialised shareholders will have their accounts at their CSDP or
broker updated on                                                                     Monday, 6 February

Notes
1. All references to times in this announcement are to South African local times unless otherwise stated.
2. Shareholders will not be able to dematerialise or rematerialise securities in the name of ABIL between
    Wednesday, 1 February 2017 and Friday, 3 February 2017.
3. Share certificates and surrender forms received after 12:00 on the Record Date will have their replacement
   certificates posted within 5 Business Days of receipt of surrender forms.



Johannesburg
24 January 2017

Sponsor
Merchantec Capital

Date: 24/01/2017 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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