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enX GROUP LIMITED - Update in respect of salient dates for the restructure and unbundling

Release Date: 29/08/2017 10:56
Code(s): ENX     PDF:  
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Update in respect of salient dates for the restructure and unbundling

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


UPDATE IN RESPECT OF SALIENT DATES FOR THE RESTRUCTURE AND UNBUNDLING


Shareholders are referred to the announcements released on SENS in respect of the restructure and recapitalisation of
eXtract Group Limited (“eXtract”) (the “restructure”) and the subsequent unbundling and distribution by enX of
3 861 041 279 eXtract shares to enX shareholders in the ratio of 21.39799 eXtract shares for every one enX share held
(the “unbundling”), the last of which announcements was released on SENS on 11 August 2017.

Shareholders are advised that conditions precedent to the restructure have not yet been fulfilled due to delays in obtaining
a regulatory ruling and finalising certain commercial arrangements. Accordingly, the restructure is not yet unconditional.
The unbundling in expected to proceed as anticipated. As a consequence, the salient dates for the unbundling will need
to be revised. Once all of the conditions precedent to the restructure have been fulfilled, shareholders will be advised
as to the revised salient dates.

29 August 2017


Sponsor
Java Capital

Date: 29/08/2017 10:56:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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