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AECI Limited - Dealings of a Director of a Major Subsidiary PR Newswire London, June 2 AECI LIMITED Incorporated in the Republic of South Africa (Registration number: 1924/002590/06) Share
REDEEMABLE UNSECURED LISTED PROGRAMME PREFERENCE SHARES ISSUED BY
INVESTEC BANK (MAURITIUS) LIMITED
Preference Shareholders of the IMRP7 Preference Shares in relation to the amendments to the IMRP7
applicable pricing supplement, under its ZAR6,000,000,000 Medium Term Note and Preference Share
Programme Memorandum.
The proposed amendments to the terms of the Preference Shares are as follows:
(i) the deletion of clause 24 of the Applicable Pricing Supplement and the insertion of a new clause 24 as follows: accordance with the Modified Following Business Day Conventionâ
(ii) the deletion of clause 28 of the Applicable Pricing Supplement and the insertion of a new clause 28 as follows:
AECI Limited - Acceptance of LTIP awards
PR Newswire
(Registration number: 1924/002590/06)
Share code: AFE ISIN: ZAE000000220
Hybrid code: AFEP ISIN: ZAE000000238
Bond company code: AECI
(AECI or the Company)
DEALINGS IN SECURITIES BY DIRECTORS, A DIRECTOR OF A MAJOR SUBSIDIARY, THE ACTING GROUP COMPANY SECRETARY AND PRESCRIBED OFFICERS
Acceptance of awards of performance shares: Long-term Incentive Plan (LTIP)
In compliance with the JSE Limited Listings Requirements and Debt Listings Requirements, the following information is disclosed:
In terms of the standard rules of the Company s LTIP, participants have been allocated a new award of performance shares in line with an annual process. These will convert into AECI ordinary shares and will vest three years after the grant date of 15 April 2021, subject to the performance conditions attached to each allocation being met. The performance shares were issued at the grant price as indicated below and were accepted off-m