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    EEL   ZAE000248258

EFORA ENERGY LIMITED

(EEL)
  Report
End-of-day quote. End-of-day quote Johannesburg Stock Exchange - 10/12
0.12 ZAR   0.00%
04/28EFORA ENERGY  : Appointment of Director
PU
2020EFORA ENERGY  : and Transcorp Settle Legal Disputes on Opl 281
PU
2020EFORA ENERGY  : Updated Trading Statement
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Efora Energy : Resignation of Director

08/06/2020 | 04:04am EDT

EFORA ENERGY LIMITED

(Formerly SacOil Holdings Limited)

(Incorporated in the Republic of South Africa)

(Registration number 1993/000460/06)

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 effect from 31 July 2020.

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

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.

Disclaimer

Efora Energy Limited published this content on 03 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 August 2020 08:03:05 UTC


© Publicnow 2020
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Financials
Sales 2020 1 957 M 138 M 138 M
Net income 2020 -20,6 M -1,45 M -1,45 M
Net Debt 2020 138 M 9,72 M 9,72 M
P/E ratio 2020 -7,51x
Yield 2020 -
Capitalization 132 M 9,23 M 9,35 M
EV / Sales 2019 0,17x
EV / Sales 2020 0,15x
Nbr of Employees 113
Free-Float 10,1%
Chart EFORA ENERGY LIMITED
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Income Statement Evolution
Managers and Directors
NameTitle
Darrin G. Arendse Chief Executive Officer
Thabang Monametsi Group Chief Financial Officer & Financial Director
Vuyo Ngonyama Chairman
Jordaan Fouche Vice President-Technical & New Business
Sebenzile Patrick Mngconkola Lead Independent Director
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EFORA ENERGY LIMITED0.00%9
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