AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED - Renewal Of Cautionary Announcement BT Call Option

Renewal Of Cautionary Announcement – BT Call Option

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")


RENEWAL OF CAUTIONARY ANNOUNCEMENT – BT CALL OPTION

Shareholders are referred to the cautionary announcement dated 4 June
2021 and the subsequent renewal of such cautionary announcements, the
last of which was dated 10 September 2021 regarding a determination
on whether the British Telecommunications South Africa Proprietary
Limited (“BTSA”) Call Option (“BT Call Option”) was validly exercised.
AEEI had informed BTSA that the call option is not capable of being
exercised.

AEEI will deal directly with the board of directors of BTSA and with
BT Limited to resolve the issue of the BT Call Option. Shareholders
are therefore advised to continue to exercise caution when dealing in
the Company’s securities until further announcements in respect of
the BT Call Option are made.

Cape Town
25 October 2021

Joint Sponsor
Vunani Sponsors

Joint Sponsor
Merchantec Capital

Date: 25-10-2021 03:40:00
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.