enX GROUP LIMITED - Changes to the board: Chief Executive Officer

Changes to the board:  Chief Executive Officer

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” or “the Group”)


CHANGES TO THE BOARD: CHIEF EXECUTIVE OFFICER


Shareholders are advised that Jannie Serfontein has notified the board of directors of enX (“the Board”) of his
intention to resign as chief executive officer and director of enX.

Jannie will remain with enX until March 2018 to ensure a smooth transition.

The Board is pleased to announce that Paul Mansour, current Executive Deputy Chairman, has been elected to
replace Jannie as chief executive officer of the Group effective 31 March 2018. The role of Deputy Executive
Chairman will fall away.

The Board would like to express its appreciation to Jannie for his valuable contribution to the Group throughout
the acquisition of the Eqstra Industrial Equipment and Eqstra Fleet Management and Logistics divisions and their
ongoing integration into the wider enX Group of companies.

Chairman Steven Joffe commented: “We are grateful to Jannie for his contribution over the past 18 months,
especially the value he has brought to the Board and Group as a whole throughout the eXtract transaction. We
wish him well in the next phase of his journey and look forward to a seamless transition with CEO-elect Paul
Mansour into 2018. The Board remains excited about the depth knowledge of the of the executive team working
alongside Paul and its growth path ahead as a pure-play industrial company.”

23 October 2017


Sponsor
Java Capital

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