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 renewals of such cautionary announcement, the
last of which was dated 02 March 2022 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 is dealing 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
14 April 2022

Joint Sponsor
Vunani Sponsors

Joint Sponsor
Merchantec Capital

Date: 14-04-2022 04:30:00
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