AECI
LIMITED
(Incorporated
in the Republic of South
Africa)
(Registration
No. 1924/002590/06)
Company
code: AECI
LEI:
3789008641F1D3D90E85
Bond code:
AECI05 ISIN:
ZAG000199258
Bond code:
AECI06 ISIN:
ZAG000199266
(AECI or
the Issuer)
AVAILABILITY
OF AMENDED DOMESTIC MEDIUM TERM NOTE PROGRAMME (the "Programme") IN
TERMS OF WHICH THE PROGRAMME MEMORANDUM (the "Programme
Memorandum"), INFORMATION STATEMENT (the "Information Statement")
AND APPLICABLE PRICING SUPPLEMENTS RELATING TO THE AECI05 AND
AECI06 NOTES (the "Amended Applicable Pricing Supplements") ARE
AMENDED AND RESTATED
Unless
otherwise defined herein, capitalised terms shall have the same
meaning as set forth in Consent Notice (as defined
below).
AECI
established a R5 billion Domestic Medium Term Note Programme
pursuant to a programme memorandum dated 25
November 2015, as amended and restated by the amended and
restated programme memoranda dated 4
September 2018 and 4 September
2023, respectively (collectively, the "Previous Programme
Memoranda").
Noteholders
are hereby advised that AECI has amended and restated the Previous
Programme Memoranda pursuant to the amended and restated programme
memorandum dated 12 December 2024
("Programme Date") and approval in respect thereof has been
obtained from the JSE Limited.
Noteholders
are referred to the notice of request for written consent released
by AECI on SENS on 4 November 2024
(the "Consent Notice"), in which Extraordinary Resolutions were
proposed, and to the announcement released on SENS on 3 December 2024 advising Noteholders that the
requisite majorities were obtained and that both resolutions had been passed.
Noteholders
are further advised that a copy of the amended and restated
Programme Memorandum, Information Statement and each of the Amended
Applicable Pricing Supplements in respect of the Notes, are
available on the Issuer's website at
https://investor.aeciworld.com/debt-investors.php
and
available for inspection at AECI's registered office.
A summary
of the changes effected in the amended and restated Programme
Memorandum is provided below:
-
Removal of
Much Asphalt Proprietary Limited as guarantor under the Programme;
and
-
Alignment
of the Programme with the latest applicable laws and
regulations.
The
Programme Memorandum, read together with the Information Statement
and the Amended Applicable Pricing Supplements, will apply to all
Notes issued under the Programme on or after the Programme Date and
will, in respect of such Notes, supersede and replace the Previous
Programme Memoranda in their entirety.
13 December 2024
Debt
sponsor
Questco
Proprietary Limited