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ENX:  236   0 (0.00%)  16/10/2026 16:11

enX GROUP LIMITED - Fulfillment of the suspensive conditions and revised salient dates and times

Release Date: 16/10/2026 14:08
Code(s): ENX     PDF:  
Wrap Text
Fulfillment of the suspensive conditions and revised salient dates and times

ENX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2001/029771/06)
Share code: ENX
ISIN: ZAE000222253
Listed on the General Segment of the Main Board
(“enX” or “the Company”)


FULFILLMENT OF THE SUSPENSIVE CONDITIONS AND REVISED SALIENT DATES AND TIMES


Unless otherwise defined herein, capitalised words and terms contained in this announcement shall
bear the meanings ascribed thereto in the Circular (defined below).

1.   INTRODUCTION

     Shareholders are referred to the circular distributed on Tuesday, 28 July 2026 (“Circular”), relating
     to the disposal by NWP of the NWP Sale Business, the disposal by enX Ventures of the enX
     Ventures Letting Enterprise (being the “Transactions”) and the approval of the Silver MIP Award.
     Shareholders are further referred to the announcements released on SENS on Thursday, 27
     August 2026 and Friday, 11 September 2026 in relation to the Transactions.

2.   FULFILLMENT OF SUSPENSIVE CONDITIONS

     The Company is pleased to advise that all Suspensive Conditions for the Transactions and the
     Silver MIP Award, as detailed in the Circular, have been fulfilled. Accordingly, the Transactions
     and the Silver MIP Award have become unconditional with effect from today, Friday, 16 October
     2026. Shareholders are advised that the Transactions and the Silver MIP Award will not be given
     effect to or implemented until receipt of the requisite compliance certificate from the Takeover
     Regulation Panel, which is expected to be received on or about Tuesday, 20 October 2026.

3.   REVISED SALIENT DATES AND TIMES


      Accordingly, the revised salient dates and times relating the Transactions are set out below:

                                                                                                              Date
                                                                                                              2026
       Date that all Suspensive Conditions are fulfilled                                                Friday, 16
                                                                                                      October 2026

       Announcement in respect of the Transactions becoming unconditional                               Friday, 16
       released on SENS on                                                                            October 2026

       Anticipated date to receive compliance certificate from the TRP and                             Tuesday, 20
       announced on SENS on                                                                                October

       Expected implementation date and Closing Date of the Transactions (see                            Monday, 2
       note 1 below)                                                                                      November
       
       Notes

        1. The parties have agreed that the Transactions will be implemented on Monday, 2 November 2026,
           subject to receipt of the compliance certificate from the TRP and registration of the relevant transfer of
           the Manufacturing Site in the Deeds Registry.

        2. The above dates and times are indicative and subject to change. Any changes will be announced on
           SENS.

4.    RESPONSIBILITY STATEMENTS

      The Board and the 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 does not omit anything that is
      likely to affect the importance of such information.

Johannesburg
16 October 2026


Transaction Sponsor and Advisor to enX:                  Legal Advisor to GPR: ENS
Valeo Capital (Pty) Ltd


 Legal Advisors to enX:
 Munro Smith Parker Law and Thomson Wilks
Date: 16/10/2026 02:08:00
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