Sharenet Sites 
Sharenet Sites
Changes to the Board
EFORA ENERGY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE Share Code: EEL
ISIN: ZAE000248258
(“Efora” or “the Company”)
CHANGES TO THE BOARD
In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the board
of directors of the Company (“the Board”) wishes to advise that Mr Damain Matroos has
been appointed by the Board as the Group Chief Executive Officer with immediate effect after
having served in the role since February 2019 in an interim capacity.
Additionally, Mrs Tariro Gadzikwa is appointed by the Board as the Group Chief Financial
Officer with immediate effect after having served in the role since February 2019 in an interim
capacity.
Afric Oil (Proprietary) Limited (“Afric Oil”)
The Afric Oil board of directors (“the Afric Oil Board”) has also appointed Mr Ahlben Phillipus
as the managing director of Afric Oil, the Company’s largest operating subsidiary. Mr Phillipus
holds an MBA (WBS), B. Com (UCT) and is currently completing his ICBB (Six-Sigma Black
Belt). He has thirteen years consulting and petrochemical experience with KPMG Advisory
and Shell Petroleum, as an Independent Consultant. His previous position held was that of
Chief Operating Officer for African Group Lubricants before joining Afric Oil.
He has extensive experience within the petroleum energy sector which includes delivering
on roles and projects across sales, marketing, supply, distribution, strategy and finance. He
is experienced in implementing and executing on business operating models, and developing
new business opportunities.
Johannesburg
2 March 2020
Sponsor
PSG Capital
For further information please contact:
Efora Energy Limited
Tariro Gadzikwa
+27 (0)10 591 2260
About Efora
Efora Energy Limited is a South African based independent African oil and gas company,
listed on the JSE. The Company has a diverse portfolio of assets spanning production in
Egypt; exploration and appraisal in the Democratic Republic of Congo; midstream project
relating to crude trading in Nigeria and material downstream distribution operations
throughout Southern Africa. Our focus as a Group is on delivering energy for the African
continent by using Africa’s own resources to meet the significant growth in demand expected
over the next decade.
Date: 02-03-2020 04:51:00
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.
