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Renewal Of Cautionary Announcement – Bt Call Option

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Published: 2022-10-06 16:45:27 ET

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 25 August 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 and BTSA are dealing with the BT Call Option dispute in accordance
with the provisions of the Shareholders Agreement. 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
06 October 2022

Joint Sponsor
Vunani Sponsors

Joint Sponsor
Merchantec Capital

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

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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.
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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.

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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.