enX GROUP LIMITED - enX Equity Raise Results

enX Equity Raise Results

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”)


enX EQUITY RAISE RESULTS


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES, CANADA, JAPAN OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO
DO SO

Shareholders are referred to the announcement released on SENS on 25 October 2016 wherein shareholders were
advised that enX would be undertaking an equity capital raise of up to R1.5 billion through the issue of new enX
shares. The equity raise was fully underwritten at R21.00 per share.

enX is pleased to announce that its bookbuild has closed. Of the R1.5 billion new equity to be raised, R1 billion is to
be subscribed for by investors (comprising both co-underwriters and other participants in the bookbuild process) at
R21.00 per share. The balance of the R500 million is to be subscribed for at R21.00 per share by the co-underwriters
pursuant to their underwrite commitments. enX will proceed to implement the proposed acquisition by enX of 100%
of the equity in Eqstra Investments Proprietary Limited that owns Eqstra Group Limited’s Industrial Equipment
division and Eqstra’s Fleet Management and Logistics division and the recapitalisation of Eqstra for an aggregate
consideration of approximately R7.8 billion.

Subject to approval by the JSE, listing and trading of the new enX shares is expected to commence on Thursday,
3 November 2016.

27 October 2016

Corporate advisor, sole bookrunner and sponsor
Java Capital

Date: 27/10/2016 05:34:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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