AECI Limited: New AECI broad-based ownership scheme shareholders to benefit from AECI Mining

JSE-listed AECI will introduce a broad-based ownership scheme (BBOS) wherein public benefit organisation AECI Foundation, formerly known as the Tiso AEL Development Trust, will subscribe for a new class of ordinary shares (B Ordinary Shares). The B Ordinary Shares will entitle the foundation to participate in the economic interest arising from the South African operations of wholly-owned subsidiary AECI Mining, comprising the AECI Mining Explosives and AECI Mining Chemicals divisions.