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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 6 December 2021 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 is dealing directly with the board of directors of BTSA and with
BT Limited to resolve the issue of the BT Call Option. 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
19 January 2022
Joint Sponsor
Vunani Sponsors
Joint Sponsor
Merchantec Capital
Date: 19-01-2022 03:55:00
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