Resignation Of Director
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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 Damain Matroos, has resigned as Director of the Company and all subsidiaries with immediate effect. Damain will continue to serve his three months’ notice period as Chief Executive Officer until 4 May 2021.
The Board and Management would like to thank Damain for his valuable contributions to the Company over the years and wishes him well in his future endeavours.
The Board has commenced a process of identifying a suitable replacement and shareholders will be advised as soon as such appointment has been made.
Johannesburg
9 February 2021
Sponsor
PSG Capital
For further information please contact:
Efora Energy Limited
Damain Matroos
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.
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