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enX GROUP LIMITED - Finalisation information in relation to the special distribution of R1.00 per share

Release Date: 07/11/2023 12:35
Code(s): ENX     PDF:  
Wrap Text
Finalisation information in relation to the special distribution of R1.00 per share

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")


FINALISATION INFORMATION IN RELATION TO THE SPECIAL DISTRIBUTION OF R1.00 PER
SHARE


Shareholders are referred to the announcement released on the Securities Exchange News Service ("SENS") on 6
November 2023 regarding the declaration of a special distribution of R1.00 per enX share (the "Distribution") and are
advised that exchange control approval from the South African Reserve Bank for the Distribution has now been received.
Accordingly, shareholders are advised of the following finalisation information pertaining to the payment of the
Distribution.

The Distribution will be implemented by way of a reduction of contributed tax capital, as defined in the Income Tax
Act No. 58 of 1962 (as amended), to enX ordinary shareholders that are recorded as such on Friday, 24 November 2023.
Distributions from contributed tax capital which are not dividends as defined, do not attract withholding taxes in South
Africa.

Finalisation information relating to the Distribution:

The salient dates relating to the Distribution are set out below:

 Issued share capital as at declaration date                                                              182 312 650

 Company Tax Reference Number                                                                             9483233145

                                                                                                               2023
  Last day to trade in enX ordinary shares in order to receive the Distribution                Tuesday, 21 November

  enX ordinary shares trade 'ex' the entitlement to receive the Distribution from          Wednesday, 22 November

  Record date for receipt of the Distribution                                                    Friday, 24 November

  Distribution paid to enX ordinary shareholders                                               Monday, 27 November


Notes
1. All times given are local times in South Africa.
2. No dematerialisation or rematerialisation of enX ordinary shares may take place between Wednesday, 22 November
2023 and Friday,24 November 2023, both days inclusive.

07 November 2023


Sponsor
The Standard Bank of South Africa Limited

Date: 07-11-2023 12:35:00
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