AVENG LIMITED - Share consolidation finalisation a25 Nov 2021
Share consolidation finalisation announcement

Incorporated in the Republic of South Africa
(Registration number: 1944/018119/06)
ISIN: ZAE000111829
("Aveng" or "the Company")


Shareholders are referred to the circular (“Circular”) issued by the Company on Tuesday, 12 October 2021
relating to the share consolidation (“the Consolidation”) of the Company’s share capital on a 500 to 1 basis
and to the subsequent announcement released by the Company on SENS on Wednesday, 10 November 2021
advising shareholders that the special resolutions relating to the Consolidation were passed by the requisite
majority of Aveng shareholders at the general meeting of the Company on the same date.

Shareholders are advised that the Special Resolutions were registered with the Companies and Intellectual
Property Commission on 24 November 2021. The salient dates and times of the Consolidation remain as
previously published in the Circular:
Last day to trade under the present share capital prior to the Consolidation          Tuesday, 7 December
Trading in consolidated shares on the new ISIN ZAE000302618 and                   Wednesday, 8 December
suspension of trading in shares on the old ISIN ZAE000111829
Announcement released on SENS in respect of the cash payment applicable              Thursday, 9 December
to fractional entitlements, based on the volume weighted average price of
consolidated shares traded on Wednesday, 8 December 2021, less 10%, by
11:00 am on
Forms of surrender for new certificates to be received by the transfer                 Friday, 10 December
secretaries in order for previously certificated shareholders to have their
entitlements credited to their account with Computershare Nominees on
Monday, 13 December 2021, by 12:00 on
Expected record date                                                                   Friday, 10 December
Dematerialised shareholders will have their accounts at their CSDP or broker         Monday, 13 December
updated and will receive fractional allocation payments on
Date that previously certificated shareholders will have their entitlements          Monday, 13 December
credited to their accounts within Computershare Nominees
1. The specified dates and times are South African and are subject to amendment.
2. Shares in the consolidated form may not be dematerialised after the last day to trade prior to the
   Consolidation, expected to be Tuesday, 7 December 2021.

25 November 2021
Melrose Arch

JSE Sponsor
UBS South Africa Proprietary Limited

Itumeleng Lepere
Stakeholder Engagement Lead
Tel: 011 779 2800
Email: investor.relations@avenggroup.com

Date: 25-11-2021 02:35:00
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