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enX GROUP LIMITED - Dealings in securities by an associate of directors of the company

Release Date: 06/06/2022 13:58
Code(s): ENX     PDF:  
Wrap Text
Dealings in securities by an associate of directors of the company

ENX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/029771/06)
JSE share code: ENX ISIN: ZAE000222253
(“enX” or “the Company”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF DIRECTORS OF THE COMPANY


Shareholders are referred to previous announcements regarding the mandatory offer for enX shares by MCC Contracts
Proprietary Limited and African Phoenix Investments Limited (“African Phoenix”), acting in concert, regarding the
acquisition of the remaining shares in enX at an offer consideration of R5.60 per share in terms of section 123 of the
Companies Act 71 of 2008 (the “Mandatory Offer”).

Subsequent to the closure of the Mandatory Offer, the results of which were announced on SENS on Monday, 6 June
2022, shareholders are advised of the following information relating to dealings in securities by an associate of directors
of enX:

 Name of associate:                                 African Phoenix
 Name of director and relationship to director:     Paul Baloyi has an indirect beneficial interest of 5.5%, Warren
                                                    Chapman has an indirect beneficial interest of 40.9%, Oyama
                                                    Mabandla has a direct beneficial interest of 2.3% and Andrew
                                                    Hannington has an indirect beneficial interest of 0.0001% in
                                                    African Phoenix
 Transaction date:                                  3 June 2022
 Class of securities:                               Ordinary shares
 Number of securities:                              103 371
 Price per security:                                R5.60
 Total value:                                       R578 877.60
 Nature of transaction:                             Off-market purchase resulting from the Mandatory Offer
 Nature and extent of director’s interest:          Indirect beneficial

6 June 2022


Sponsor
The Standard Bank of South Africa Limited

Date: 06-06-2022 01:58:00
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