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AFRICAN PHOENIX INVESTMENTS LIMITED - Notification in Terms of Section 122(3) of the Companies Act and Paragraph 3.83(b) of the JSE Listings Requirements

Release Date: 24/10/2017 14:35
Code(s): AXL AXLP     PDF:  
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Notification in Terms of Section 122(3) of the Companies Act and Paragraph 3.83(b) of the JSE Listings Requirements

AFRICAN PHOENIX INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1946/021193/06)
Ordinary share code: AXL       ISIN: ZAE000221370
Hybrid instrument code: AXLP      ISIN: ZAE000221388
(“Phoenix” or “the Company”)


NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND
PARAGRAPH 3.83(b) OF THE LISTINGS REQUIREMENTS OF JSE LIMITED


In compliance with section 122(3)(b) of the Companies Act, 2008 (Act 71 of 2008), as amended
(“Companies Act”) and paragraph 3.83(b) of the Listings Requirements of JSE Limited,
shareholders are advised that Phoenix has received notification in terms of section 122(1) of the
Companies Act that Steyn Capital Management Proprietary Limited has acquired a beneficial
interest in the ordinary securities of the Company, such that its entire beneficial interest amounts
to 20.24% of the total number of ordinary securities in issue.

As required in terms of section 122(3)(a) of the Companies Act, Phoenix has filed the required
notice with the Takeover Regulation Panel.


Johannesburg
24 October 2017

Sponsor
Merchantec Capital

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