Numeral plans share consolidation, private placement to raise funds

Numeral Limited announced plans for a 10-to-1 share consolidation, pending shareholder approval, followed by a private placement aimed at raising up to ZAR100,000,000. Up to $2,000,000 of this is partially underwritten by existing shareholder Boundryless Proprietary Limited. The company will issue 500,000,000 new ordinary shares at ZAR0.20 per share, totaling ZAR100,000,000, which can be subscribed for in cash or by extinguishing existing liabilities.

A circular detailing these proposals, including the notice for a General Meeting, Proxy Form, and Form of Surrender, will be distributed to shareholders on or about 19 December 2025. Key dates for South African shareholders include the last day to trade for meeting eligibility on Tuesday, 6 January 2026, and the General Meeting on Monday, 19 January 2026.

Trading in consolidated shares under the new ISIN Code: MU0810N00005, Security Code: NXII.N0000 will commence on Wednesday, 28 January 2026. The record date for consolidation is Friday, 30 January 2026, with dematerialised shareholder accounts updated by Monday, 2 February 2026.