87FZ Aeci 5 1/2% Prf

 
TIDM87FZ 
 
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 
LEI:  3789008641F1D3D90E85 
(AECI or the Company or the Group) 
 
CHANGE IN THE ROLE OF A DIRECTOR 
Shareholders and noteholders are referred to the announcement published on SENS 
on 3 May 2021, advising them that Edwin Ludick has elected to take early 
retirement from AECI Mining and the Group on 31 December 2021. 
 
AECI is pleased to announce the appointment of Mark Kathan, its current Chief 
Financial Officer (CFO), as his successor.  Mark has served as CFO since 
joining the Company and its Board of Directors (the Board) in an executive 
capacity in 2008.  He will remain on the Board but will relinquish his CFO role 
as soon as a suitable replacement has been appointed.  A process in this regard 
will commence immediately. 
 
Mark, who is already a Director of AECI Mining, will assume responsibility for 
the execution of this business' growth strategy and day-to-day management from 
1 January 2022. 
 
AECI Mining is the Group's largest and most internationalised business, with a 
footprint in 22 countries.  Given the knowledge and experience of this complex 
business that Mark has gained over 13 years, he is well placed to lead AECI 
Mining on its continued growth trajectory. 
 
The Board congratulates him on his appointment and looks forward to his ongoing 
contribution. 
 
Woodmead, Sandton 
 
9 September 2021 
 
Equity and Debt Sponsor:  Rand Merchant Bank (A division of FirstRand Bank 
Limited) 
 
 
 
END 
 
 

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