AVI LIMITED - Change in beneficial interest

Change in beneficial interest

AVI Limited
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI” or “Company”)

NOTICE TO SHAREHOLDERS OF AVI IN TERMS OF SECTION 122(3)OF THE COMPANIES
ACT, No 71 of 2008 (“COMPANIES ACT”) AND PARAGRAPH 3.83(B) OF THE JSE
LISTINGS REQUIREMENTS

In accordance with section 122(3)(b) of the Companies Act and paragraph
3.83(b) of the Listings Requirements of the JSE Limited, shareholders
of AVI are hereby advised that Public Investment Corporation SOC Limited
has formally notified the Company that it has increased its beneficial
interest in the securities of the Company to 20.07% of the total issued
ordinary shares of the Company.

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

Illovo
Sandton
19 August 2022

Sponsor
The Standard Bank of South Africa Limited

Date: 19-08-2022 04:30:00
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