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

Dealing In African Equity Empowerment Investments Limited Shares By Associates 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
ASSOCIATES OF A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited, the following information is
disclosed:

NAME OF DIRECTOR                  K Abdulla
COMPANY OF WHICH I AM A           African Equity Empowerment
DIRECTOR                          Investments Limited
STATUS: EXECUTIVE/NON-EXECUTIVE   Executive
TYPE OF SECURITIES                Shares
CLASS OF SECURITIES               Ordinary
DATE OF TRANSACTIONS              24 August 2017 (1)
                                  25 August 2017 (2)
                                  28 August 2017 (3)
CENTS PER SHARE                   Low: 3,30
                                  High: 3,90
                                  VWAP: 3,54
NUMBER OF SECURITIES TRANSACTED   1 500 000 (1)
                                    500 000 (2)
                                    500 000 (3)
TOTAL RAND VALUE OF SECURITIES    R4 950 000.00 (1)
                                  R1 950 000.00 (2)
                                  R1 950 000.00 (3)
NAME OF ASSOCIATES                The Fisk Trust (1)&(2)&(3)
                                  Archird 28 (Propriety) Limited
                                  (3)
RELATIONSHIP WITH DIRECTOR        The director is a trustee of
                                  the associate (1)&(2)&(3)
                                  The director is a director and
                                  major shareholder of the
                                  associate(3)
NATURE OF TRANSACTION             Disposal of shares by an
                                  associate of director (1) (on
                                  market transaction), (2) &
                                  (3)(off-market transaction)
                                  Acquisition of shares by an
                                  associate of the director (3)
NATURE AND EXTENT OF INTEREST     Indirect beneficial(1)&(2)&(3)
IN THE TRANSACTIONS
CLEARANCE OBTAINED                Yes

In respect of transaction (1),(2) and (3), The Fisk Trust has disposed
of a portion of its interest in the securities of the Company to
settle financing commitments in terms of the The Fisk Trust’s and
other funding agreements.

In respect of transaction (3), the acquisition amounts to a
restructuring of the interest held by the director and major
shareholder of (3) from one associate to another.

Cape Town
28 August 2017

Sponsor
PSG Capital

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