AFRICAN PHOENIX INVESTMENTS LIMITED - Renewal of Cautionary Announcement
AXL AXLP 201901180027A
Renewal of Cautionary Announcement
AFRICAN PHOENIX INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1946/021193/06)
Ordinary share code: AXL ISIN: ZAE000221370
Hybrid instrument code: AXLP ISIN: ZAE000221388
("API" or "the Company")
RENEWAL OF CAUTIONARY ANNOUNCEMENT
Further to the Voluntary Transaction and Cautionary Announcement dated 7 September 2018 (and using
terms defined therein), and the subsequent renewal of cautionary announcements, the last of which was
dated 3 December 2018, Shareholders are advised that until such time as the detailed transaction
announcement in respect of the Proposed Transactions has been published, which may have a material
effect on the price of the Company's securities, caution should be exercised by Shareholders when
dealing in the Company's securities.
Johannesburg
18 January 2019
Sponsor
Merchantec Capital
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