enX Group Management

Management criteria checks 4/4

enX Group's CEO is Andrew Hannington, appointed in Aug 2020, has a tenure of 3.75 years. total yearly compensation is ZAR7.64M, comprised of 50% salary and 50% bonuses, including company stock and options. directly owns 0.05% of the company’s shares, worth ZAR814.66K. The average tenure of the management team and the board of directors is 4 years and 3.8 years respectively.

Key information

Andrew Hannington

Chief executive officer

R7.6m

Total compensation

CEO salary percentage	50.0%
CEO tenure	3.8yrs
CEO ownership	0.05%
Management average tenure	4yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andrew Hannington's remuneration changed compared to enX Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2023	R8m	R4m	R164m
Feb 28 2023	n/a	n/a	R301m
Nov 30 2022	n/a	n/a	R286m
Aug 31 2022	R7m	R4m	R144m
Feb 28 2022	n/a	n/a	R207m
Nov 30 2021	n/a	n/a	R184m
Aug 31 2021	R7m	R4m	R161m

Compensation vs Market: Andrew's total compensation ($USD411.00K) is about average for companies of similar size in the ZA market ($USD338.76K).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.

CEO

Andrew Hannington (66 yo)

3.8yrs

Tenure

R7,644,000

Compensation

Mr. Andrew James Hannington, CA(SA), B.Com (Hons), CTA, has been Chief Executive Officer of enX Group Limited since August 13, 2020. Mr. Hannington has been Independent Non-Executive Director at Texton Pro...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andrew Hannington	CEO & Executive Director	3.8yrs	R7.64m	0.050% ZAR 814.7k
Robert Lumb	CFO & Executive Director	4.2yrs	R6.49m	no data
Jacqueline Carr	Chief Executive Officer of EFML business	no data	R10.50m	no data
M. Kernan	CEO of AG Lubricants	no data	R5.76m	no data
Craig Silver	Chief Executive Officer of New Way Power	2.4yrs	R4.77m	no data
Grant Rosettenstein	Chief Executive Officer of West African International	less than a year	R7.98m	no data
Paul Mansour	Chief Investment Officer	6.3yrs	R10.25m	no data
Denish Haripal	Group Chief Information Officer	14.3yrs	no data	no data
Roxanne Cloete	Company Secretary	no data	no data	no data

4.0yrs

Average Tenure

53yo

Average Age

Experienced Management: ENX's management team is considered experienced (4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew Hannington	CEO & Executive Director	3.8yrs	R7.64m	0.050% ZAR 814.7k
Robert Lumb	CFO & Executive Director	4.2yrs	R6.49m	no data
Paul Baloyi	Non-Executive Chairperson	10.3yrs	R1.01m	no data
David Mokhobo	Lead Independent Non-Executive Director	1.3yrs	R568.00k	no data
Nomahlubi Simamane	Independent Non-Executive Director	1.3yrs	R375.00k	no data
Zolani Matthews	Independent Non-Executive Director	3.8yrs	R608.00k	no data

3.8yrs

Average Tenure

65yo

Average Age

Experienced Board: ENX's board of directors are considered experienced (3.8 years average tenure).

enX Group Management

Management criteria checks 4/4

Key information

Recent management updates

Enx Group Limited Announces Board Changes

enX Group Limited, Annual General Meeting, Apr 03, 2024

enX Group Limited Limited Announces Board Committee Changes

enX Group Limited Announces Changes to the Board and Composition of Board Committees

enX Group Limited Announces Resignation of Ms Lerato Molefe as Director

enX Group Limited Appoints Ramakhathela ("Khati") David Mokhobo to the Board of Directors and in Composition of Audit and Risk Committee

Recent updates

Enx Group Limited Announces Board Changes

enX Group Limited, Annual General Meeting, Apr 03, 2024

Investor sentiment improves as stock rises 19%

Inaugural dividend of R1.00 per share

Full year 2023 earnings released: EPS: R0.90 (vs R1.49 in FY 2022)

enX Group Limited Provides Earnings Guidance for the Year Ended 31 August 2023

Investor sentiment improves as stock rises 15%

First half 2023 earnings released: EPS: R0.70 (vs R0.53 in 1H 2022)

enX Group Limited Limited Announces Board Committee Changes

African Phoenix Investments Limited made an offer to acquire a 51.197778% stake in enX Group Limited (JSE:ENX) for ZAR 6.41 per share

enX Group Limited Announces Changes to the Board and Composition of Board Committees

enX Group Limited Announces Resignation of Ms Lerato Molefe as Director

enX Group Limited Appoints Ramakhathela ("Khati") David Mokhobo to the Board of Directors and in Composition of Audit and Risk Committee

enX Group Limited, Annual General Meeting, Mar 15, 2023

enX Group Limited, Annual General Meeting, Mar 15, 2023

Investor sentiment improved over the past week

High number of new directors

High number of new directors

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Inaugural dividend of R1.50 per share

Inaugural dividend of R1.50 per share

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of R2.00 per share

Upcoming dividend of R2.00 per share

Less than half of directors are independent

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS R0.90 (vs R2.83 loss in FY 2020)

New 90-day high: R5.99

New 90-day high: R5.10

New 90-day high: R4.90

Full year 2020 earnings released: R2.83 loss per share

An unknown buyer acquired an unknown minority stake in enX Group Limited (JSE:ENX).

New 90-day low: R3.70

An unknown buyer acquired a 6.34% stake in enX Group Limited (JSE:ENX) from Corocap Opportunities Partnership.

New 90-day low: R4.06

enX Group Limited Announces Changes to the Constitution of Committees

New 90-day low - R4.25

enX Group Limited Announces Management Changes

MCC Contracts Pty Limited acquired 32.44% stake in enX Group Limited from Inhlanhla Trust Investments (Pty) Ltd, Beaufort Cay Investments Limited and Legae Peresec Pty Limited and others.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age