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Update on the disposal of Eqstra
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")
UPDATE ON THE DISPOSAL OF EQSTRA
Shareholders are referred to previous announcements, the last of which was published on 3 April 2024, regarding the
proposed divestment by the Company of Eqstra Investment Holdings Proprietary Limited, the holding company of enX's
fleet management business (the "Transaction").
enX is pleased to announce that all suspensive conditions to the Transaction have been fulfilled and the Transaction is
now unconditional. As such, the Takeover Regulation Panel has issued a compliance certificate in respect of the
Transaction in terms of section 121(b)(i) of the Companies Act, No. 71 of 2008, and the Transaction may now be
implemented.
The Company anticipates that the Transaction will be implemented during June 2024.
Responsibility statements
The enX board and 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 this announcement does not omit anything that is likely to affect the import of such
information.
19 April 2024
Transaction sponsor
Java Capital
Legal advisor
White & Case
Date: 19-04-2024 08:55:00
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