CILO CYBIN HOLDINGS LIMITED - Results announcement of IPO

Results announcement of IPO

CILO CYBIN HOLDINGS LIMITED
(Incorporated in South Africa)
(Registration number 2022/320351/06)
Ordinary Shares Share code: CCC
ISIN: ZAE000310397
(“the Company”)


RESULTS ANNOUNCEMENT OF IPO

The Cilo Cybin board are humbled and express gratitude for the support Cilo Cybin received from the general public
during the IPO process. 1892 members of the public subscribed for an aggregate amount of R20.5 million of Cilo
Cybin shares. Unfortunately, the JSE Limited minimum capital requirement for a listing, as a special purpose
acquisition company (“SPAC”) as set out in the Cilo Cybin Prospectus, has not been met within the set timeframe
and the listing on the JSE as a SPAC cannot proceed.

Due to new developments on the horizon, and the need to be able to respond rapidly to take full advantage of these
opportunities, we have determined it is in the best interest of the Company to focus on its growth initiatives, and thus
to postpone listing to a later date. Cilo Cybin investors will be contacted via e-mail containing a form in which they
can provide their refund details. We wish to thank the general public for their participation.

By order of the Board
Midrand
22 November 2022

Sponsor
DEA-RU Proprietary Limited

Date: 23-11-2022 08:00:00
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