To view the PDF file, sign up for a MySharenet subscription.

enX GROUP LIMITED - Posting Of Circular And Notice Of General Meeting In Respect Of A Specific Issue Of Shares For Cash

Release Date: 15/02/2016 17:30
Code(s): ENX     PDF:  
Wrap Text
Posting Of Circular And Notice Of General Meeting In Respect Of A Specific Issue Of Shares For Cash

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


POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING IN RESPECT OF A SPECIFIC ISSUE OF SHARES FOR CASH


Shareholders are referred to the announcement released on SENS on 26 January 2016 wherein shareholders were advised that a
subscription agreement had been entered into between enX, on the one hand, and each of Paul Mansour, Jarrod Friedman and
Christian Neuberger (the “subscribers”) on the other hand (the “subscription agreement”), in terms of which the subscribers (or
their nominees) will, subject to the fulfilment and/or waiver of certain conditions precedent, subscribe for 7 629 694 enX shares
for an aggregate subscription amount of R17 472 000 (the “specific issue”).

Shareholders are advised that a circular regarding the specific issue (the “circular”), incorporating a notice of general meeting,
was posted to shareholders on 15 February 2016. A general meeting of enX shareholders will be held at 10:00 on Wednesday,
16 March 2016 at the registered office of enX at 202D 11 Crescent Drive, Melrose Arch, Johannesburg, 2196, to consider and, if
deemed fit, pass, with or without modification, the resolutions contained in the notice of general meeting. A copy of the circular
is available on the company’s website (www.enxgroup.co.za).

SALIENT DATES AND TIMES

The salient dates and times for the general meeting and specific issue are set out below:

                                                                                                                             2016
Record date to receive circular (together with the notice convening the general meeting)                       Friday, 5 February
Circular (together with the notice convening the general meeting) posted                                      Monday, 15 February
Announcement relating to the issue of the circular (together with the notice convening the general
meeting) released on SENS                                                                                     Monday, 15 February
Announcement relating to the issue of the circular (together with the notice convening the general
meeting) published in the press                                                                              Tuesday, 16 February
Last day to trade in order to be eligible to vote at the general meeting                                          Friday, 4 March
Voting record date                                                                                               Friday, 11 March
Last day to lodge forms of proxy for the general meeting (by 10:00)                                              Monday, 14 March
General meeting held at 10:00                                                                                 Wednesday, 16 March
Results of the general meeting released on SENS                                                               Wednesday, 16 March
Expected date on which the subscription shares will be listed, allotted and issued to the subscribers          Thursday, 24 March

Notes:
1. All dates and times in this announcement are local dates and times in South Africa.
2. The above dates and times are subject to change. Any changes will be released on SENS and, if required, published in the press.
3. Shareholders should note that as transactions in enX shares are settled in the electronic settlement system used by Strate, 
   settlement    of trades takes place five business days after such trade. Therefore, shareholders who acquire enX shares after 
   Friday, 4 March 2016 will not be eligible to vote at the general meeting.
4. If the general meeting is adjourned or postponed, forms of proxy submitted for the initial general meeting will remain valid in 
   respect of any adjournment or postponement of the general meeting.

15 February 2016


Corporate advisor and sponsor
Java Capital

Legal advisor
Edward Nathan Sonnenbergs Inc.

Date: 15/02/2016 05:30:00 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.

Share This Story