Resignation of Director and Changes to Board Roles
EFORA ENERGY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE Share Code: EEL
(“Efora” or “the Company”)
RESIGNATION OF DIRECTOR AND CHANGES TO BOARD ROLES
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 Boas Seruwe, has resigned as non-executive chairman of the Company with immediate effect.
The Board and Management would like to thank Boas for his valuable contribution to the Company over the years and wishes him well in his future endeavours.
The Board has appointed, Vuyo Ngonyama the existing lead independent director as chairman of the board and Patrick Mngconkola and exitsing independent non-executive director, as lead independent director.
16 April 2021
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Efora Energy Limited
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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