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enX GROUP LIMITED M&A Activity 2026

Apr 24, 2026

48714_rns_2026-04-24_f9cf502a-9a99-4738-8415-d787a200fd09.pdf

M&A Activity

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ENX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2001/029771/06)
Share code: ENX
ISIN: ZAE 000222253
Listed on the General Segment of the Main Board
("enX" or "the Company")
enX
GROUP

RECEIPT OF COMPLIANCE CERTIFICATE IN RELATION TO THE DISPOSAL BY ENX OF ITS REMAINING INTEREST IN WEST AFRICAN INTERNATIONAL ("WAI")

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 5 March 2026 ("Circular") relating to, inter alia, the written notice delivered by Trichem SA of its intention to exercise its option to acquire the remaining 75% interest in WAI ("Transaction") and further to the announcement released on SENS on 22 April 2026, wherein Shareholders were advised that while the Transaction had become unconditional on the same day, its implementation remained subject to the receipt of the requisite compliance certificate from the Takeover Regulation Panel.

2. TRP COMPLIANCE CERTIFICATE

The Company is pleased to advise that it has received the requisite compliance certificate from the TRP in respect of the Transaction and accordingly the Transaction will be implemented in accordance with its terms.

3. 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
24 April 2026

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

Valeo Capital

Legal Advisors to enX:
Munro Smith Parker Law and Thomson Wilks

Legal Advisor to Tricon Group: Kaufmann, Manolios, Schepers Inc. t/a Andersen in South Africa

ANDERSEN

MUNRO SMITH PARKER

THOMSON·WILKS