ENX CORPORATION LIMITED - ENX02 - Results of Written Resolution and Amendments to the Terms and Conditions of the ENX02 Notes

ENX02 - Results of Written Resolution and Amendments to the Terms and Conditions of the ENX02 Notes

enX Corporation Limited
(Previously Eqstra Corporation Limited)
(Incorporated in the Republic of South Africa)
(Registration No. 1984/007045/06)
Company code: BIEQS1
Bond Code: ENX02
ISIN: ZAG000154014
(“enX” or “the Issuer”)

RESULTS OF WRITTEN RESOLUTION AND AMENDMENTS TO THE TERMS AND CONDITIONS OF THE ENX02 NOTES

enX wishes to advise noteholders of the following Extraordinary Written Resolution which has been considered by the noteholders of the outstanding notes held under
stock code ENX02 (the Noteholders) on 19 March 2020 (the Effective Date).

Extraordinary Written Resolution Number 1 of the Noteholders

1. With effect from the Effective Date, and notwithstanding any terms of the Notes to the contrary, the Noteholders approve the following:
   1.1. the Issuer will, at least 3 Business Days before the date of early redemption of the Notes (the Optional Redemption Date), give notice to the Noteholders (in the
         manner set out in Condition 16), the Central Securities Depository and the JSE, of:
        1.1.1. the exercise of its early redemption option;
        1.1.2. the Optional Redemption Date; and
        1.1.3. the Optional Redemption Amount (together with the supporting calculation from the Calculation Agent).

In this regard, the Issuer confirms the voting results of the extraordinary written resolution in relation to the total outstanding notes held under stock code ENX02 (the
Notes), issued by enX under its R4,000,000,000 Domestic Medium Term Note Programme, as follows:

Extraordinary Written    Total nominal      ENX02 debt securities ENX02 debt securities   Votes abstained as a  Votes carried for      Votes against
Resolution               amount of ENX02    voted on disclosed as voted disclosed as a    percentage            resolution as a        resolution as a
                         debt securities    a number              percentage                                    percentage             percentage
1                        ZAR 96 000 000.00  ZAR 96 000 000.00                      100%                     0%               100%                   0%

The Issuer confirms that the supplements to give effect to the above amendments to the terms and conditions of the Notes are available at
https://www.enxgroup.co.za/dmtn-programme/.



26 March 2020

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa
20 December 2019

Date: 26-03-2020 10:00:00
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