Archive for August 2026
Quarterly Update Announcement
Shareholders are referred to the ongoing suspension in trading of the Company’s shares on the Johannesburg Stock Exchange (“JSE”), which came into effect in July 2025 following the late publication of the consolidated annual financial results for the year ended 28 February 2025 (“2025 Annual Results”). The purpose of this announcement is to provide an…
Read MoreUpdate on Liquidation Application
Shareholders are referred to the announcement released by the Company on 24 August 2026 regarding the liquidation application (“Application”) brought against the Company. The Company advises shareholders that, on 25 August 2026, the High Court delivered an ex tempore order striking the Application from the urgent roll, with costs awarded against the applicant. Accordingly, no…
Read MoreLiquidation Application
Efora advises shareholders that a liquidation application (“Application”) has been brought against the Company by Seodi Coal (Pty) Ltd (the “Applicant”) in the High Court of South Africa, Gauteng Local Division, Johannesburg (the “Court”). The matter is scheduled to be heard by the Court on Tuesday, 25 August 2026. The Company is opposing the application.…
Read MoreFurther Cautionary Announcement
Shareholders are referred to the Company’s previous cautionary announcements, the last of which was published on 3 July 2026, in which shareholders were advised that the process of applying for a provisional liquidation order was ongoing and that, while this process continued, the Efora board of directors (“Board”) was considering other opportunities that could provide…
Read MoreAppointment of Interim Chairman
Shareholders are advised that, following the resignation of Mr Vuyo Ngonyama, the board of directors of Efora (“the Board”) has appointed Mr Patrick Mngconkola, the Company’s current lead independent non-executive director, as Interim Chairman of the Company, effective from 3 August 2026. Mr Mngconkola will serve in this role until the Board has finalised the…
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