A E C I LIMITED - No change statement, notice of annual general meeting and availability of BEE compliance report

No change statement, notice of annual general meeting and availability of BEE compliance report

AECI LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1924/002590/06)
Share code: AFE       ISIN: ZAE000000220
Share code: AFEP ISIN: ZAE000000238
Bond company code: AECI
(“the Company” or “AECI” or “the Group”)

NO CHANGE STATEMENT, NOTICE OF ANNUAL GENERAL MEETING AND AVAILABILITY OF BEE COMPLIANCE REPORT

No change statement
With regard to the audited results for the year ended 31 December 2017, shareholders and
prospective noteholders are advised that the annual financial statements have been distributed to
shareholders today, 26 April 2018, and contain no modifications to the audited results which were
published on SENS on 27 February 2018. We further confirm that there have been no changes to
the auditor’s report which was referenced in the Company’s audited results announcement.

We also confirm to prospective noteholders that, as reported in the audited results announcement,
the basis of segmentation for in the current year’s financial statements was amended. In 2014, AECI
revised its strategy and developed key growth pillars. The Group’s businesses have been aligned in
terms of these pillars and reporting was altered to reflect this realignment. Accordingly, the growth
pillars are now the Company’s reportable segments and 2016’s results were restated for comparative
purposes.

Furthermore, prospective holders should note that the annual financial statements of the Company
and the Company’s Debt Programme guarantors for the year ended 31 December 2017 (namely AECI
Mining Solutions Limited, Chemical Services Limited and Paardevlei Properties Limited) will be
available for inspection at the Company’s registered office and on AECI’s website on Monday, 30 April
2018. The Company’s annual financial statements are available at http://www.aeci.co.za/reports/ar-
2017/index.php and those for the guarantors at http://www.aeci.co.za/investor-relation-debt-
capital-markets.php

Prospective noteholders are further advised that the audit report on the financial statements of AECI
and the guarantor’s are unqualified, with no modifications applicable.

Notice of the annual general meeting
Notice is hereby given that the 94th annual general meeting of AECI’s shareholders will be held at on
the Ground Floor, AECI Place, The Woodlands, Woodlands Drive, Woodmead, Sandton on Thursday,                                          
31 May 2018 at 09h00 to transact the business as stated in the annual general meeting notice forming
part of the annual financial statements.

Salient dates

                                                                                     2018

Record date to determine which shareholders are entitled to receive the notice of    Friday, 20 April
annual general meeting
Last day to trade in order to be eligible to attend and vote at the annual general   Tuesday, 22 May
meeting
Record date to determine which shareholders are entitled to attend and vote at       Friday, 25 May
the annual general meeting
Forms of proxy for the annual general meeting to be lodged by *                      09h00 on Tuesday, 29 May

*Any proxies not lodged by this time must be handed to the Chairman of the annual general meeting
immediately prior to such proxy exercising his/her right to vote at the annual general meeting.

Availability of BEE Compliance Report
Shareholders are advised that the annual compliance report in terms of Section 13G(2) of the Broad-
Based Black Economic Empowerment Amendment Act No.46 of 2013, is available on AECI’s website.


Woodmead, Sandton
26 April 2018


Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 26/04/2018 02:45:00 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.