enX GROUP LIMITED - Trading statement

Trading statement

ENX GROUP LIMITED
(formerly Austro Group Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2001/029771/06)
JSE share code: ENX   ISIN: ZAE000195723
(“enX” or “the company”)


TRADING STATEMENT


In terms of the JSE Listings Requirements, companies are required to publish a trading statement as soon as
they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be
reported on next will differ by at least 20% from the financial results for the previous corresponding period.

Shareholders are advised that enX is expected to show a loss per share (“LPS”) for the six months ended
28 February 2015 (the “current interim period”) of 1.4 cents, relative to earnings per share (“EPS”) of 3.0
cents for the six months ended 28 February 2014 (the “corresponding period”). Significant items reported
in LPS include:

    -   an immediate impairment of goodwill arising from an increase in the enX share price between the
        R1.45 issue price agreed in the acquisition agreement with Centlube Holdings Proprietary Limited
        and the date of the actual issue of shares;
    -   IFRS2 charges for share-related incentives; and
    -   a once-off reversal of provisions arising from the straight-lining of an operating lease.

The information on which this trading statement has been based has not been reviewed or reported on by the
company’s auditors.

The company’s interim financial results for the six months ended 28 February 2015 are expected to be
released on SENS on or about 15 May 2015.

13 May 2015


Sponsor
Java Capital

Date: 13/05/2015 05:26:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.