Enhanced Investments - Financial Portal

Notice Convening the Scheme Meeting of AH-Vest Shareholders

Published: 2025-07-14 12:51:28 ET

                                                 AH-VEST LIMITED
                                 (Incorporated in the Republic of South Africa)
                                     (Registration number 1989/000100/06)
                                        (“AH-Vest” or “the Company”)
                                 Share code: AHL      ISIN Code: ZAE000129177


                    NOTICE CONVENING THE SCHEME MEETING OF AH-VEST SHAREHOLDERS


Shareholders are referred to the Firm Intention Announcement released on SENS on Monday, 23 June 2025 and
in the press on Wednesday, 25 June 2025 wherein they were advised that the board of directors of the
company had received an offer from Eastern Trading Company Proprietary Limited (“Eastern Trading”) to
acquire 100% of the issued share capital of the Company not already held by it and its associates. The offer is
to be implemented by means of a scheme of arrangement in terms of sections 114 and 115 of the Companies
Act, 2008.

Shareholders are advised that the Scheme Meeting of AH-Vest Shareholders will be held in person and
electronically at 10h00 on Monday, 11 August 2025 at AH-Vest, with the address being 15 Misgund Road,
Eikenhof, Johannesburg, 1872.

Further information regarding the Offer and the Scheme Meeting is available in the Scheme Circular which was
distributed to Shareholders on or about 14 July 2025.

                                                                                                          2025
Record date for AH-Vest Shareholders to be recorded in the Register in order to receive          Friday, 4 July
this Circular

Circular posted to AH-Vest Shareholders and notice convening the Scheme Meeting              Monday, 14 July
released on SENS

Notice convening the Scheme Meeting published in the South African press                     Tuesday, 15 July

Last day to trade AH-Vest Shares in order to be recorded in the Register on the Scheme       Tuesday, 29 July
Voting Record Date

Scheme Voting Record Date being 17h00                                                        Friday, 1 August

Proxy forms to be lodged at Transfer Secretaries by 10h00                                  Thursday, 7 August

Last date and time for AH-Vest Shareholders to give notice to AH-Vest objecting, in       Monday, 11 August
terms of section 164(3) of the Act, to the special resolution approving the Scheme for
purposes of the Appraisal Rights by 10h00

Proxy forms not lodged with Transfer Secretaries to be handed to the Chairman of the      Monday, 11 August
Scheme Meeting before 10h00

Scheme Meeting of AH-Vest Shareholders to be held at 10h00                                Monday, 11 August

Results of Scheme Meeting and Finalisation Details released on SENS                       Monday, 11 August
ACTION: The following dates assume that neither Court approval nor the review of the Scheme is required and
will be confirmed in the finalisation announcement to be released simultaneously with the results of the Scheme
Meeting. Should votes against or objections to the Scheme be lodged by Dissenting Shareholders as
contemplated in paragraph 4 of the Circular, the dates set out below will not be applicable, and a further
finalisation announcement will be released in due course.

                                                                                                             2025
 Results of Scheme Meeting and Finalisation details published in the press                      Monday, 11 August

 Finalisation Date and Application to the TRP for the Compliance Certificate                     Tuesday, 12 August

 Application to JSE for the delisting of AH-Vest shares                                         Thursday, 14 August

 Last day to trade in order to be entitled to receive the Scheme Consideration                   Tuesday, 19 August

 AH-Vest Shares suspended on the JSE                                                        Wednesday, 20 August

 Record date in order to be entitled to receive the Scheme Consideration                           Friday, 22 August

 Expected operative date and payment date for the Scheme Consideration                          Monday, 25 August

 Listing of AH-Vest Shares on the JSE terminated at commencement of business on                  Tuesday, 26 August


Restricted jurisdictions
To the extent that the distribution of this Circular in certain jurisdictions outside of South Africa may be restricted
or prohibited by the laws of such foreign jurisdiction then this Circular is deemed to have been provided for
information purposes only and neither the AH-Vest Board nor the Eastern Trading Board accepts any
responsibility for any failure by Scheme Participants to inform themselves about, and to observe, any
applicable legal requirements in any relevant foreign jurisdiction. Scheme Participants who are in doubt as to
their position should consult their professional advisors.

Termination of listing of AH-Vest Shares
Following implementation of the Scheme, AH-Vest will be a wholly owned subsidiary of Eastern Trading and the
listing of the AH-Vest Shares will be terminated on the JSE.

Tax implications for AH-Vest Shareholders
The tax treatment of Scheme Participants is dependent on their individual circumstances and on the tax
jurisdiction applicable to such Scheme Participants. It is recommended that the Scheme Participants seek
appropriate advice in this regard.

Takeover Regulation Panel approval
AH-Vest Shareholders should take note that in terms of section 201(3) of the Companies Act the TRP does not
consider commercial advantages or disadvantages of affected transactions when it approves such
transactions.

Responsibility statements
The AH-Vest Board, the Independent Board and the Eastern Trading Board accept responsibility for the
information contained in this announcement, and certify that, to the best of their respective knowledge and
belief, the information is true and, where appropriate, this announcement does not omit anything likely to
affect the importance of the information included.

Johannesburg
14 July 2025

                                              Designated Advisor
                                      AcaciaCap Advisors Proprietary Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.