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”)

INTERIM APPOINTMENT

Shareholders are referred to the announcement dated 8 July 2020 wherein the Board advised that it had commenced a process of identifying a suitable candidate for the role of Group Chief Financial Officer. The recruitment process is ongoing and has been impacted by changes and developments in the Group. In the interim, Efora has appointed Thabang Monametsi as its interim Group Chief Financial Officer and interim Financial Director with effect from 1 April 2021.

Thabang, a chartered accountant by profession, joined the Group in 2020 from Barloworld and was in the role of Group Financial Manager of a subsidiary prior to the appointment. He has worked for several JSE listed entities in various roles and has 10 years’ experience in finance, tax, and reporting.

Shareholders will be duly advised once a permanent appointment has been made.

Johannesburg
06 April 2021

Sponsor
PSG Capital

For further information please contact:

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; a 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.