Change In Audit Firm Due To Merger
African Equity Empowerment Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/006093/06
Share code: AEE
("AEEI" or “the Company”)
CHANGE IN AUDIT FIRM DUE TO MERGER
Shareholders are advised in terms of paragraph 3.78 of the JSE
Listings Requirements that the Company has been informed by its
audit firm that there has been a change in its network firm from
Grant Thornton Cape Inc. to BDO, as a result of the merger of BDO
South Africa and Grant Thornton Cape Town. Accordingly, with effect
from 1 March 2018, the auditor firm of the Company is now BDO,
however the designated audit partner has remained unchanged. The
change in audit firm was initiated by the audit firm as a result
of the aforementioned merger.
The Audit Committee will in due course follow the process detailed
in paragraph 3.84(g)(iii) of the JSE Listings Requirements
relating to BDO. This process will be completed before the audit
firm signs its next audit report. It is important to note, that
whilst the designated audit partner has remain unchanged, the Audit
Committee must request and consider the separate information about
the receiving audit firm, as the Company is deemed to be appointing
BDO for the first time.
2 March 2018
PSG Capital Proprietary Limited
Date: 02/03/2018 03:30:00 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.
Email this JSE Sens Item to a Friend.