Holding(s) in Company

AECI Limited - Holding(s) in Company

PR Newswire

London, March 17

AECI LimitedIncorporated in the Republic of South Africa(Registration number: 1924/002590/06)Share code: AFE ISIN: ZAE000000220Hybrid code: AFEP ISIN: ZAE000000238Bond company code: AECILEI: 3789008641F1D3D90E85(“AECI” or “the Company”)

ACQUISITION OF SECURITIES BY CLIENTS OF ALLAN GRAY PROPRIETARY LIMITED (“Allan Gray”)

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b) of the JSE Limited Listings Requirements, shareholders and bondholders are advised that AECI has received formal notification that clients of Allan Gray have, in aggregate, acquired an interest in the ordinary shares of the Company, such that the total interest in the ordinary shares of the Company held by Allan Gray’s clients now amounts to 15,1027% of the total issued ordinary shares of the Company.

Woodmead, SandtonSponsor?Rand Merchant Bank (A division of FirstRand Bank Limited)

17 March 2020