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enX GROUP LIMITED - Finalisation Information In Relation To The Special Distribution Of R5.00 Per Share

Release Date: 25/06/2024 09:00
Code(s): ENX     PDF:  
Wrap Text
Finalisation Information In Relation To The Special Distribution Of R5.00 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 R5.00 PER
SHARE

Shareholders are referred to the announcement released on the Securities Exchange News Service ("SENS") on 13 June 2024,
regarding the declaration of a special distribution of R5.00 (500.0 cents) per enX ordinary 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 deemed to be a dividend, for South African tax purposes, in terms of section 1 of the Income Tax Act
No 58 of 1962 (''Income Tax Act'') being a distribution to shareholders not funded from Contributed Tax Capital as defined
in the Income Tax Act. A dividend withholding tax of 20% will be applicable to all shareholders who are not tax exempt. A
net special distribution of R4.00 (400.0 cents) per enX ordinary share will therefore be applicable to them.

Finalisation information pertaining 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

                                                                                                                       2024
  Last day to trade in enX ordinary shares in order to receive the Distribution                           Tuesday, 02 July

  enX ordinary shares trade 'ex' the entitlement to receive the Distribution from                      Wednesday, 03 July

  Record date for receipt of the Distribution                                                               Friday, 05 July

  Distribution paid to enX ordinary shareholders                                                          Monday, 08 July

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, 03 July and Friday,
05 July, both days inclusive.

25 June 2024


Sponsor
The Standard Bank of South Africa Limited

Date: 25-06-2024 09:00:00
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