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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”)
RESULTS OF THE GENERAL MEETING
1. INTRODUCTION
Shareholders are referred to the announcements released on SENS on 28 September 2023 and
24 November 2023, and to the Circular relating to the disposal by Kilomix Investments Proprietary
Limited (“Kilomix”), a wholly-owned subsidiary of AEEI, of 30 000 ordinary shares, constituting
30% of the issued share capital of BT Communications Services South Africa Proprietary Limited
(“BTSA”), a subsidiary of BT Limited, to BTSA for an aggregate amount of R290 million (“the
Disposal”), as distributed to Shareholders on Friday, 24 November 2023.
Terms defined in the Circular shall, unless otherwise stated, bear the same meaning in this
announcement.
2. RESULTS OF GENERAL MEETING
Shareholders are advised that, at the General Meeting held today, Thursday, 28 December 2023,
all the resolutions as set out in the Notice of General Meeting were passed by the requisite
majority of Shareholders.
The number of Shares voted in person or by proxy was 401 731 442, representing 81.82% of the
total issued share capital of the same class of AEEI Shares.
The resolutions proposed at the General Meeting, together with the percentage of votes carried
for and against each resolution, as well as the percentage of Shares abstained, are set out below:
% of votes % of votes
carried for the against the % of Shares
resolution resolution abstained
Ordinary Resolution Number 1
Approval of the Disposal 100% 0% 0%
Ordinary Resolution Number 2
Authority granted to Directors and Company
Secretary 100% 0% 0%
28 December 2023
Cape Town
Corporate Advisor and Sponsor
Vunani Sponsors
Joint Sponsor
Merchantec Capital
