AVI : Notice to shareholders of AVI in terms of section 122(3) of the Companies Act

Notice to shareholders of AVI in terms of section 122(3) of the Companies Act

AVI Limited
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
("AVI" or "Company")

NOTICE TO SHAREHOLDERS OF AVI IN TERMS OF SECTION 122(3)OF THE COMPANIES
ACT, No 71 of 2008 ("COMPANIES ACT") AND PARAGRAPH 3.83(B) OF THE JSE
LISTINGS REQUIREMENTS


In accordance with section 122(3)(b) of the Companies Act and paragraph
3.83(b) of the Listings Requirements of the JSE Limited, shareholders
are hereby advised that the Company has received formal notification
that clients of Allan Gray have, in aggregate, acquired an interest in
the ordinary shares of the Company, such that the total interest in
ordinary shares of the Company held by Allan Gray's clients now amounts
to 10.0439% of the total issued ordinary shares of the Company.

As required in terms of section 122(3)of the Companies Act, AVI has
filed the required notice with the Takeover Regulation Panel.


Illovo
Sandton
16 February 2022

Sponsor
The Standard Bank of South Africa Limited

Date: 16-02-2022 12:30:00
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