Holding(s) in Company

AECI Limited - Holding(s) in Company

PR Newswire

London, August 11

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)

DISCLOSURE OF SIGNIFICANT HOLDING OF AECI SHARES

In accordance with section 122(3)b) of the Companies Act, No. 71 of 2008 as amended (“the Companies Act”), regulation 121(2)(b) of the Companies Regulations, 2011 and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are advised that Sanlam Investment Management Proprietary Limited has notified the Company that accounts under its management have increased its holding in the Company such that Sanlam Investment Management Proprietary Limited now holds 5.05% of the issued ordinary shares in the Company.

As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notice with the Takeover Regulation Panel.

The board of directors of AECI accepts responsibility for the information contained in this announcement as it relates to the Company and confirms that, to the best of its knowledge and belief, such information relating to AECI is true and that this announcement does not omit anything likely to affect the importance of such information.

Woodmead, Sandton

11 August 2021

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)