AVI LIMITED - Change in beneficial ownership

Change in beneficial ownership

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 Listing Requirements of the JSE Limited, shareholders of
AVI are hereby advised that Public Investment Corporation SOC Limited
(“PIC”) has formally notified the Company that is has increased its
beneficial interest in the securities of the Company, to 15.084% 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
3 September 2019

Sponsor
The Standard Bank of South Africa Limited

Date: 03/09/2019 02:30:00
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