Delay in rights offer timetable
Incorporated in the Republic of South Africa
(Registration number: 1944/018119/06)
SHARE CODE: AEG
("Aveng" or "the Company")
DELAY IN RIGHTS OFFER TIMETABLE
Shareholders are referred to the circular to Aveng shareholders ("Shareholders") as published by
the Company on 18 December 2020 ("December 2020 Circular") and to the declaration
announcement relating to a rights offer to raise R300 000 000 by Aveng ("Rights Offer") released
on SENS on Tuesday, 26 January 2021. Contrary to Aveng's expectation, the related transaction
documents in relation to the debt restructuring have not gone fully unconditional. Consequently, the
Rights Offer is not unconditional at this time. This has resulted in the Rights Offer timetable being
extended which delay is expected to be less than a month.
A further announcement setting out the revised timetable will be made in due course.
28 January 2021
Tel: 011 779 2800
Date: 28-01-2021 04:04:00
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