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African Equity Empowerment Investments (JSE:AEE) News - 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 14 April 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
1 June 2022
Joint Sponsor
Vunani Sponsors
Joint Sponsor
Merchantec Capital
Date: 01-06-2022 01:00:00
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