Sharenet Sites 
Sharenet Sites
Declaration of cumulative 5.5 per cent preference share dividend no. 172
AECI LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1924/002590/06)
Tax reference number: 9000008608
Share code: AFEP
ISIN: ZAE000000238
Bond company code: AECI
LEI: 3789008641F1D3D90E85
(AECI or the Company)
DECLARATION OF CUMULATIVE 5.5 PER CENT PREFERENCE SHARE DIVIDEND NO. 172
Notice is hereby given that on Tuesday, 21 May 2024, the Directors of AECI declared a gross cash dividend, at the
rate of 5.5 per cent per annum (equivalent to 2,75 pence sterling per preference share or 63.59400 ZAR cents per
preference share), for the six months ending Friday, 14 June 2024. The dividend is payable on Friday, 21 June 2024
to holders of preference shares recorded in the register of the Company at the close of business on the record date
for receipt of the cash dividend, being, Friday, 14 June 2024.
The last day to trade 'cum' dividend will be Tuesday, 11 June 2024 and shares will commence trading 'ex-dividend
as from the commencement of business on Wednesday, 12 June 2024.
The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in
South Africa and the United Kingdom on Friday, 21 June 2024. Dividends payable from South Africa will be paid in
South African currency at the rate of 63.59400 ZAR cents per share (gross dividend) in accordance with the
exchange rate ruling on Tuesday, 21 May 2024 (1-pound sterling = ZAR 23.12509).
A South African dividend withholding tax of 20% will be applicable to all shareholders who are not either exempt or
entitled to a reduction of the withholding tax rate in terms of a relevant Double Taxation Agreement resulting in a
net dividend of 50.87520 ZAR cents per share payable to those shareholders who are not eligible for exemption or
reduction. Application forms for exemption or reduction may be obtained from the Transfer Secretaries on
Tel. +27 11 370 5000 or by email #ZACSJHBDividendTaxQ@Computershare.co.za and must be returned to them on
or before Tuesday, 11 June 2024.
Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by
United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is
received before Tuesday, 11 June 2024.
The issued share capital of the Company at the declaration date is 105,517,780 listed ordinary shares and 3 000 000
listed cumulative preference shares. The dividend has been declared from the income reserves of the Company
(and has therefore not been declared as a reduction in the Company's contributed tax capital).
Any change of address or dividend instruction must be received on or before Tuesday, 11 June 2024.
Share certificates may not be dematerialised or rematerialised between Wednesday, 12 June 2024 and Friday, 14
June 2024, both days inclusive.
By order of the Board
C Singh
Group Company Secretary
Woodmead, Sandton
21 May 2024
Transfer Secretaries
Computershare Investor Services Proprietary Limited
Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196
and
Computershare Investor Services PLC
PO Box 82
The Pavilions
Bridgwater Road
Bristol BS99 7NH
England
Registered office
1st Floor, AECI Place
24 The Woodlands
Woodlands Drive
Woodmead
Sandton
Equity and Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)
Date: 21-05-2024 10:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
