enX GROUP LIMITED - Fulfillment of the suspensive conditions relating to the disposal by enX of its remaining interest in WAI

Fulfillment of the suspensive conditions relating to the disposal by enX of its remaining interest in WAI

 ENX GROUP LIMITED
 (Incorporated in the Republic of South Africa)
 (Registration number: 2001/029771/06)
 Share code: ENX
 ISIN: ZAE 000222253
 Listed on the General Segment of the Main Board
 ("enX" or "the Company")



FULFILLMENT OF THE SUSPENSIVE CONDITIONS RELATING TO THE DISPOSAL BY ENX OF
ITS REMAINING INTEREST IN WEST AFRICAN INTERNATIONAL ("WAI")



Unless otherwise defined herein, capitalised words and terms contained in this announcement shall
bear the meanings ascribed thereto in the Circular (defined below).

1.    INTRODUCTION

      Shareholders are referred to the circular distributed on 5 March 2026 ("Circular") relating to, inter
      alia, the written notice delivered by Trichem SA of its intention to exercise its option to acquire the
      remaining 75% interest in WAI ("Transaction"), as well as the announcement released on SENS
      on 7 April 2026 advising that the Transaction had been approved by the requisite majority of
      Shareholders.

2.    FULFILLMENT OF SUSPENSIVE CONDITIONS

      The Company is pleased to advise that all Suspensive Conditions for the Transaction, as set out
      in the Subscription and Options Agreement (as amended) and detailed in the Circular, have been
      fulfilled. Accordingly, the Transaction has become unconditional with effect from today,
      Wednesday, 22 April 2026. Shareholders are advised that the Transaction will not be given effect
      to or implemented until receipt of the requisite compliance certificate from the Takeover Regulation
      Panel, which is expected to be received on or about Friday, 24 April 2026.

3.    RESPONSIBILITY STATEMENTS

      The Board and the Independent Board collectively and individually accept responsibility for the
      information contained in this announcement and certify that, to the best of their knowledge and
      belief, the information contained in this announcement is true and does not omit anything that is
      likely to affect the importance of such information.

Johannesburg
22 April 2026


Transaction Sponsor and Advisor to enX:             
Valeo Capital (Pty) Ltd                  
                                                                          
Legal Advisor to Tricon Group: 
Kaufmann, Manolios, Schepers Inc. 
t/a Andersen in South Africa

Legal Advisors to enX:
Munro Smith Parker Law and Thomson Wilks

Date: 22-04-2026 02:00:00
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