Prospective Buyback of Securities On-Market
08/10/2025 12:00 NZDT, SECISSUEP
8 October 2025
BY MAP
NZX Limited
WELLINGTON
Enprise Group Limited (ENS) – Prospective Buy back of Shares On-Market
ENS advises that it proposes to acquire up to a maximum of 1,003,102 ordinary fully paid shares in the Company (being 5% of the shares on issue, excluding shares currently held as treasury stock) on-market at any time during the period commencing three Business Days after the date of this market release and ending 12 calendar months after the date of this market release. Shares acquired will be held as treasury stock unless the Board subsequently resolves otherwise.
The Board of the Company has resolved that the potential on-market acquisition of the shares is an appropriate course of action to take, including for the following reasons:
•The company considers the proposed purchase price is, in the judgement of the Board, fair and reasonable having regard to the current market price for the shares of ENS quoted on the NZX Main Board stock market and below what the board considers to be the fair market value of ENS shares.
•The company has no plans for or need to retain the funds it proposes to deploy towards purchasing the ENS shares as part of the buyback. Acquiring the shares allows the company to maintain an appropriate debt to equity ratio.
For further information please contact:
Elliot Cooper
Finance Director – Enprise Group Limited
Phone: 09 829 5500
Email: elliotC@enprisegroup.com