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New share capital registered

Published: 15 May 2019

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

Reference is made to the previous announcements by Net1 International Holdings AS (“Net1”) in respect of among other things the rights offering of 241,666,667 new shares in Net1 (the “Rights Offering”), the private placement of 81,761,513 shares directed at Sampoerna AGRI Resources Pte. Ltd. and the private placement of 4,320,961 shares directed at Polaris Mobile Pte. Ltd. (the “Private Placements”) as approved at the extraordinary general meeting in Net1 on 5 April 2019.

The share capital increases pertaining to the Rights Offering and the Private Placements have now been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). Net1’s new share capital is NOK 434,059,155 divided into 482,287,950 shares, each with a nominal value of NOK 0.90.

The new shares issued in the Rights Offering and the Private Placements are expected to be registered on the respective shareholder’s VPS accounts and admitted to trading on the N-OTC list today.

For further information, please contact:

Investors: Amit Vithlani at email: cfo@net1.international

Media: Endre Aaberg Johansen at Corporate Communications AS: tel +47 41 61 06 05, email: endre.johansen@corpcom.no

This announcement may not be distributed or sent into the United States or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures. These materials are not an offer for sale of securities in the United States or any other country. The securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. The Company does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

 

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