Last checked at 7 Aug 2009 15:00
AECI LIMITED
Incorporated in the Republic of South Africa
(Registration No 1924/002590/06)
Share code: AFE ISIN code: ZAE000000220
("AECI" or "the Company")
NOTICE OF GENERAL MEETING
AECI Shareholders are referred to the announcement released by the Company on the Securities Exchange News Service ("SENS") and published in the press on Tuesday, 28 July 2009, in which shareholders were advised that the Board of AECI had resolved to issue fully paid ordinary shares in the Company ("AECI shares") as a capitalisation award to shareholders ("the capitalisation award"). In order for the Company to issue AECI shares in terms of the capitalisation award, shareholders must first provide the Board with the relevant authority per Section 221 of the Companies Act, No 61 of 1973, as amended.
Accordingly, notice is hereby given that the general meeting of AECI shareholders will be held on the ground floor, AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton on Tuesday, 1 September 2009 at 09:00. AECI shareholders will be requested to vote on the ordinary resolution required to approve that the authorised but unissued shares in the capital of the Company be placed under the control of the Board for the specific purpose of fulfilling the terms of the capitalisation award.
After obtaining the above authority, a further circular will be posted to AECI shareholders providing full details of the capitalisation award and incorporating a form of election, to be completed by certificated shareholders only.
Woodmead, Sandton7 August 2009Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
vendor