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AFRICAN & OVERSEAS ENTERPRISES LIMITED - Dealings in securities by associate of director of AOE and notification of acquisition and disposal of interest

Release Date: 29/06/2022 17:35
Code(s): AON AOO AOVP     PDF:  
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Dealings in securities by associate of director of AOE and notification of acquisition and disposal of interest

AFRICAN AND OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/027461/06)
JSE share code: AOO      ISIN: ZAE000000485
JSE share code: AON      ISIN: ZAE000009718
JSE share code: AOVP ISIN: ZAE000000493
("AOE" or the "Company")


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF AOE AND NOTIFICATION OF ACQUISITION AND DISPOSAL
OF A BENEFICIAL INTEREST IN SECURITIES


Shareholders are advised of the following information relating to dealings in securities by an associate of a
director of AOE:

Name of director:                             MA Golding
Name of associate:                            Geomer Investments Proprietary Limited, of which MA Golding
                                              is the director and a shareholder
Transaction date:                             28 June 2022
Class of securities:                          Ordinary shares
Number of securities:                         368 750
Price for the day:                            R 27.00
Total value:                                  R 9 956 250.00
Nature of transaction:                        Entering into of an agreement to purchase AOE shares effective
                                              20 February 2023
Nature and extent of director's interest:     Indirect beneficial
Clearance to deal received:                   Yes

Acquisition and disposal of securities in terms of section 122 of the Companies Act No. 71 of 2008, as
amended

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended and section 3.83(b) of
the JSE Limited Listings Requirements, shareholders are hereby advised that the Company has received formal
notification in the prescribed form that Geomer Investments (Proprietary) Limited ("Geomer") has acquired an
interest in AOE ordinary shares, such that the Geomer now holds 78.61% of AOE's total issued ordinary shares.

Shareholders are further advised that the Company has received formal notification in the prescribed form that
the shareholders of Telemedia Proprietary Limited have disposed of their entire interest in AOE ordinary shares.

29 June 2022


Sponsor
Java Capital

Date: 29-06-2022 05:35:00
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