Resignation of Director
EFORA ENERGY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE Share Code: EEL
ISIN: ZAE000248258
(“Efora” or “the Company”)
RESIGNATION OF DIRECTOR
In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the
board of directors of the Company (“the Board”) wishes to advise that following her
appointment as Head of Advisory at BDO Advisory Services, Thuto Masasa has
resigned as independent non-executive director and chairperson of the Audit, Risk
and Investment Committee of the Company with immediate effect.
The Board and Management would like to thank Thuto for her valuable contribution
to the Company over the years and wish her well in her new role.
The Board has commenced a process of identifying a suitable replacement and
shareholders will be advised as soon as such appointment has been made.
Sponsor
PSG Capital
Johannesburg
3 August 2020
For further information please contact:
Efora Energy Limited
Damain Matroos
+27 (0)10 591 2260
About Efora
Efora Energy Limited is a South African based independent African oil and gas
company, listed on the JSE. The Company has a diverse portfolio of assets
spanning production in Egypt; exploration and appraisal in the Democratic Republic
of Congo; midstream project relating to crude trading in Nigeria and material
downstream distribution operations throughout Southern Africa. Our focus as a
Group is on delivering energy for the African continent by using Africa’s own
resources to meet the significant growth in demand expected over the next decade.
Date: 03-08-2020 03:20:00
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