Wrap Text
Distribution of Circular to Shareholders
NUMERAL LTD
(Incorporated in the Republic of Mauritius)
(Registration number: 098177 C1/GBL)
Primary Listing SEM share code: GOLI.N0000
Secondary Listing JSE share code: XII
ISIN: MU0330N00004
("the Company" or "Numeral")
DISTRIBUTION OF CIRCULAR TO SHAREHOLDERS
The Board of Directors advises that it has agreed to consolidate the company's issued shares on a 10 to
1 basis, subject to shareholder approval, after which there will be a private placement of shares for cash
whereby up to R100 000 000 (ZAR) will be raised, of which up to $2 000 000 (USD) (around R34.5 million) is
partly underwritten by Boundryless Proprietary Limited ("Boundryless"), an existing shareholder in Numeral.
Post the shareholder approval of the share consolidation, the Board has approved the Issue of Shares for
Cash of 500 000 000 new ordinary shares at ZAR0.20 or twenty South African cents per share amounting
to R100 000 000, which will be subscribed for in cash or by way of extinguishing of existing liabilities of the
Company. This amounts to approximately $5 824 000 at an assumed exchange rate at 10 November
2025 of R17.17: USD1.00.
A circular detailing the share consolidation has been prepared and will require shareholder approval in
General Meeting. The circular includes details on the Issue of Shares for Cash.
Shareholders are advised that the above-mentioned circular relating to the consolidation of shares and
the issue of shares for cash and incorporating a notice convening the General Meeting, Proxy Form and
a Form of Surrender will be distributed to shareholders on or about 19 December 2025.
The salient dates and times are set out below:
FOR SHAREHOLDERS ON THE SOUTH AFRICAN SHARE REGISTER
2025
Record date for posting of the circular to shareholders Friday, 12 December
Circular incorporating notice of general meeting posted to shareholders on Friday, 19 December
Announcement regarding the posting of the circular and notice of general Friday, 19 December
meeting announced on SENS on
2026
Last day to trade in order to be eligible to attend and vote at the general Tuesday, 6 January
meeting
Record date for attending and voting at the general meeting Friday, 9 January
Last day to lodge proxy forms (by 10:00) (for administrative purposes) Thursday, 15 January
General meeting of shareholders held at 10:00 on Monday, 19 January
2026
Results of general meeting released on SENS before 12:30 on Monday, 19 January
Finalisation announcement on SENS Monday, 19 January
Last day to trade prior to the consolidation Tuesday, 27 January
Computation of fraction rate Wednesday, 28 January
Trading in the consolidated shares under the new ISIN Code: MU0810N00005 Wednesday, 28 January
commences on
Announcement of fraction rate released on SENS by 11:00 Thursday, 29 January
Record date for consolidation Friday, 30 January
Dematerialised shareholders accounts at CSDP/broker updated to reflect Monday, 2 February
the consolidated Numeral shares and fractional entitlements transferred to
dematerialised shareholders accounts on
FOR SHAREHOLDERS ON THE MAURITIAN SHARE REGISTER
2025
Record date for posting of the circular to shareholders Friday, 12 December
Circular incorporating notice of general meeting posted to shareholders Friday, 19 December
and announced on the SEM website on
Announcement regarding the posting of the circular and notice of general Monday, 22 December
meeting published in the Mauritian press on
2026
Last day to trade in order to be eligible to attend and vote at the general Tuesday, 6 January
meeting
Record date for attending and voting at the general meeting Friday, 9 January
Last day to lodge proxy forms (by 12:00) Thursday, 15 January
General meeting of shareholders held at 12:00 on Monday, 19 January
Results of general meeting released on SEM website before 14:30 on Monday, 19 January
Results of general meeting published in the Mauritian press on Tuesday, 20 January
Finalisation announcement published on the SEM website Tuesday, 20 January
Last day to trade prior to the consolidation Tuesday, 27 January
Suspension of trading Wednesday, 28 January
Announcement of fraction rate released on the SEM website Thursday, 29 January
Record date for consolidation at close of business on Friday, 30 January
2026
Trading in the consolidated shares under the new ISIN Code: MU0810N00005, Monday, 2 February
Security Code: NXII.N0000 commences on
Dematerialised shareholders accounts at CDS/broker updated to reflect the Monday, 2 February
new name and consolidated Numeral shares and fractional entitlements
transferred to dematerialised shareholders accounts on
Issue of replacement share certificates to certificated shareholders, Monday, 2 February
provided that the old share certificates have been lodged by 12:00 on
Friday, 9 January 2026, and payment of fractional entitlements (share
certificates received after this time will be posted within five business days of
receipt)
Notes:
No shares may be dematerialised or remater0ialised or transferred between share registers from
Wednesday, 28 January 2026 to Friday, 30 January 2026, both days included.
For and on Behalf of the Board
Mauritius
19 December 2025
Numeral has its primary listing on the Stock Exchange Mauritius and a secondary listing on the AltX of the
JSE.
This notice is issued pursuant to SEM Listing Rules 11.3 and 11.16 and Rule 5(1) of the Securities (Disclosure
Obligations of Reporting Issuers) Rules 2007. The Board of Directors of the Company accepts full
responsibility for the accuracy of the information contained in this announcement.
Executive Director: Non-Executive Directors:
Dave van Niekerk Mr Mohamed Yusuf Sooklall
Neville Graham Dr Aansa Devi Bedacee
Jacobus Botma
JSE Sponsor: Management Company and Company Secretary:
AcaciaCap Advisors Proprietary Limited LTS Management Services Limited
Date: 19-12-2025 01:35:00
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