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A E C I LIMITED - No change statement, release of integrated report, availability of guarantors AFS and notice of AGM

Release Date: 23/04/2019 15:51
Code(s): AFE AFEP AECI03 AECI04 AECI01 AECI02     PDF:  
 
Wrap Text
No change statement, release of integrated report, availability of guarantors’ AFS and notice of AGM

AECI LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1924/002590/06)
Share code: AFE ISIN: ZAE000000220
Hybrid code: AFEP ISIN: ZAE000000238
Bond company code: AECI
("AECI" or "the Company")


NO CHANGE STATEMENT, RELEASE OF INTEGRATED REPORT, AVAILABILITY OF
GUARANTORS' AFS AND NOTICE OF AGM

With regard to the audited results of the Company for the year ended 31 December 2018,
shareholders and bondholders are advised that the Company's annual financial statements have been
distributed to shareholders today, 23 April 2019, and contain no modifications to the audited results
which were published on SENS on 26 February 2019. We further confirm that there have been no
changes to the auditor's report which was referenced in the Company's audited results announcement
and made available at the Company's registered office on the same date as the release of the audited
results.

The Company's annual financial statements are available at https://www.aeciworld.com/reports/ar-
2018/pdf/full-afs.pdf and are also available for inspection at the Company's registered office.

Bondholders should note that the annual financial statements for each of the guarantors (namely
AECI Mining Solutions Limited ("AMSL"), AECI Mauritius Ltd, Chemical Services Limited and Much
Asphalt Proprietary Limited) to the Company's Domestic Medium Term Note Programme for the year
ended 31 December 2018 will be available for inspection at the Company's registered office from
today.

Bondholders are further advised that the audit report on the annual financial statements for the year
ended 31 December 2018 of each of the guarantors was unqualified, with no modifications applicable.

In addition, the Company advises bondholders of the following restatement to the previously
published AMSL annual financial statements for the year ended 31 December 2017: restatement of
the value of Goodwill and Total Equity in the Statement of Financial Position and the Statement of
Changes in Equity due to the change in the application of IFRS 3 (Business Combinations).

Please refer to Note 24(c) of the AMSL annual financial statements for the year ended 31 December
2018 for further details in this regard.

Integrated report

AECI's integrated report for the year ended 31 December has also been released today and is
available at https://www.aeciworld.com/reports/ar-2018/pdf/full-iar.pdf
                                                  
Notice of annual general meeting

Notice is hereby given that the 95th annual general meeting of AECI shareholders will be held at AECI
Place, Ground Floor, The Woodlands, Woodlands Drive, Woodmead, Sandton on Wednesday, 29 May
2019 at 09h00 to transact the business as stated in the annual general meeting notice that is available
at https://www.aeciworld.com/reports/ar-2018/pdf/full-agm.pdf

Salient dates
                                                                         2019

Record date to determine which shareholders are entitled to              Friday, 12 April
receive the notice of annual general meeting

Last day to trade in order to be eligible to attend and vote at the      Tuesday, 21 May
annual general meeting

Record date to determine which shareholders are entitled to attend       Friday, 24 May
and vote at the annual general meeting

Forms of proxy for the annual general meeting to be lodged by *          09h00 on Monday, 27 May


* Any proxies not lodged by this time must be handed to the Chairman of the annual general meeting
immediately prior to such proxy exercising his/her right to vote at the annual general meeting.

Woodmead, Sandton
23 April 2019

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 23/04/2019 03:51:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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