Sharenet Sites 
Sharenet Sites
Trading Statement
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’’)
TRADING STATEMENT
In terms of the JSE Listings Requirements, companies are required to publish a trading
statement as soon as they are satisfied that a reasonable degree of certainty exists that the
financial results for the period to be reported on next will differ by at least 20% from the
financial results for the previous corresponding period.
As detailed in our SENS announcement dated 5 May 2020, the final outstanding condition
precedent to the disinvestment of our ownership in the Fleet Management and Logistics
business (‘’Fleet’’) (“Transaction”) was not fulfilled and accordingly, the Transaction has not
become effective. Due to these circumstances transpiring after the date of our interim result
period as a subsequent event, the Transaction was still required to be recorded as held for
sale at 29 February 2020. As required by IFRS 5, enX was required to cease depreciation
and amortisation and assess the carrying value of the held for sale assets in terms of the
Transaction value. The post-tax depreciation and amortisation for the six months ended 29
February 2020 would have amounted to R204.1 million.
The financial information in the table below record Fleet as an asset held for sale.
Shareholders are advised that the company anticipates results for the six months ended 29
February 2020 (‘’current 6 months’’) to differ by more than 20% compared to the six months
ended 28 February 2019 (‘’Prior Year’’), as follows:
Current 6 Prior Year Percentage
months range change range
enX Group
EPS 163.3c to 170.4c 71.2c 129% to 139%
Diluted EPS 161.9c to 168.9c 70.2c 130% to 140%
HEPS 162.5c to 169.6c 71.2c 128% to 138%
Continuing operations
EPS 30.9c to 34.4c 35.4c (3%) to (13%)
Diluted EPS 30.6c to 34.1c 35.0c (3%) to (13%)
HEPS 30.1c to 33.6c 35.4c (5%) to (15%)
Discontinued operations
EPS 132.4c to 136.0c 35.8c 270% to 280%
Diluted EPS 131.3c to 134.8c 35.3c 272% to 282%
HEPS 132.4c to 136.0c 35.8c 270% to 280%
The current 6 months range for the enX Group’s EPS, Diluted EPS and HEPS would have
been 50.3c to 57.4c, 49.9c to 56.9c and 49.5c to 56.7c respectively on a like-for-like basis had
Fleet not been treated as an asset held for sale and the post-tax depreciation and amortisation
of R204.1 million had been recorded. This can be compared to the prior year EPS, Diluted
EPS and HEPS of 71.2c, 70.2c and 71.2c respectively.
Further details will be provided in the condensed unaudited consolidated interim financial
results due for release on or about 27 May 2020.
Financial information on which this trading statement is based has not been reviewed or
reported on by the Company’s auditors.
20 May 2020
Sponsor:
The Standard Bank of South Africa Limited
Date: 20-05-2020 10:40:00
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.
