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")

DEALINGS IN SECURITIES BY AN ASSOCIATE OF DIRECTORS OF THE COMPANY

Shareholders are referred to previous announcements regarding the mandatory offer for enX shares by MCC Contracts Proprietary Limited and African Phoenix Investments Limited ("African Phoenix"), acting in concert, regarding the acquisition of the remaining shares in enX at an offer consideration of R5.60 per share in terms of section 123 of the Companies Act 71 of 2008 (the "Mandatory Offer").

Subsequent to the closure of the Mandatory Offer, the results of which were announced on SENS on Monday, 6 June 2022, shareholders are advised of the following information relating to dealings in securities by an associate of directors of enX:

Name of associate:

African Phoenix

Name of director and relationship to director:

Paul Baloyi has an indirect beneficial interest of 5.5%, Warren

Chapman has an indirect beneficial interest of 40.9%, Oyama

Mabandla has a direct beneficial interest of 2.3% and Andrew

Hannington has an indirect beneficial interest of 0.0001% in

African Phoenix

Transaction date:

3 June 2022

Class of securities:

Ordinary shares

Number of securities:

103 371

Price per security:

R5.60

Total value:

R578 877.60

Nature of transaction:

Off-market purchase resulting from the Mandatory Offer

Nature and extent of director's interest:

Indirect beneficial

6 June 2022

Sponsor

The Standard Bank of South Africa Limited

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enX Group Ltd. published this content on 06 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 June 2022 12:21:08 UTC.