Broad-Based Black Economic Empowerment Act (“The Act”): Annual Compliance Report
(Incorporated in the Republic of South Africa)
(Registration Number: 1967/006783/06)
Share Code: COM
(“Comair” or “the Company”)
BROAD-BASED BLACK ECONOMIC EMPOWERMENT ACT (“THE ACT”): ANNUAL
In accordance with paragraph 16.21(g) and Appendix 1 to Section 11 of the JSE Limited
Listings Requirements, notice is hereby given that the Company’s annual B-BBEE compliance
report in terms of section 13G(2) of the Act has been published and is available on the
Company’s website at http://www.comair.co.za/corporate-responsibility/transformation.
15 August 2018
IMPORTANT NOTICE TO FOREIGN SHAREHOLDERS AND PROSPECTIVE INVESTORS
FOREIGN SHAREHOLDERS AND PROSPECTIVE INVESTORS IN COMAIR LIMITED
(“COMAIR”) SHOULD NOTE THAT, IN ORDER TO ENABLE COMAIR (AS A LICENSED AIR
SERVICES OPERATOR IN SOUTH AFRICA) TO REMAIN COMPLIANT WITH THE
FOREIGN OWNERSHIP RESTRICTION CONTAINED SECTIONS 16(4)(c) AND 19(a) OF
THE AIR SERVICES LICENSING ACT, NO. 115 OF 1990, THE VOTING RIGHTS OF
FOREIGN SHAREHOLDERS MAY BE DECREASED PROPORTIONATELY SUCH THAT
THE VOTING RIGHTS OF FOREIGN SHAREHOLDERS DO NOT, IN AGGREGATE,
EXCEED 24.99%. FOREIGN SHAREHOLDERS AND PROSPECTIVE INVESTORS ARE
REFERRED TO THE COMAIR’S MEMORANDUM OF INCORPORATION AND WEBSITE
(www.comair.co.za) FOR FURTHER DETAILS. IF FOREIGN SHAREHOLDERS OR
PROSPECTIVE INVESTORS ARE IN ANY DOUBT AS TO WHAT ACTION TO TAKE THEY
SHOULD SEEK ADVICE FROM THEIR BROKER, ATTORNEY OR OTHER
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