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AFBITCOIN:  800   0 (0.00%)  10/04/2026 19:00

AFRICA BITCOIN CORPORATION LIMITED - Ordinary Share Sub-Division and MOI Amendments Finalisation Announcement

Release Date: 10/04/2026 17:37
Code(s): BAC BACA BACB BACC     PDF:  
Wrap Text
Ordinary Share Sub-Division and MOI Amendments – Finalisation Announcement

AFRICA BITCOIN CORPORATION LIMITED
(formerly Altvest Capital Limited)
Incorporated in the Republic of South Africa
(Registration Number: 2021/540736/06)
LEI Number: 37898OOE85B7YW5EEW57
("Africa Bitcoin Corporation" or the "Company" or the "Group")

 Share Class                       JSE and A2X        NSX Code           OTCQB             Deutsche           ISIN
                                   Codes                                 Code              Börse Code

 Ordinary Shares                   BAC                BAN                AFBCF             4BC                ZAE000337051
 Preferred A Ordinary Shares       BACA               -                  -                 -                  ZAE000338422
 Preferred B Ordinary Shares       BACB               -                  -                 -                  ZAE000338430
 Preferred C Ordinary Shares       BACC               BANC               -                 -                  ZAE000338448


ORDINARY SHARE SUB-DIVISION AND MOI AMENDMENTS – FINALISATION ANNOUNCEMENT

Shareholders are referred to the announcements published on 25 March 2026 and 1 April 2026 and the circular to
ordinary shareholders, dated 25 March 2026, relating to the proposed sub-division of the Company's ordinary share
capital and amendments to the Company's memorandum of incorporation.

Unless otherwise defined herein, capitalised words and terms contained in this announcement shall bear the same
meanings ascribed thereto in the Circular.

Africa Bitcoin Corporation advises that the special resolutions required to give effect to the Ordinary Share Sub-division
and MOI Amendments and the amended MOI have been filed with the CIPC. Accordingly, the Ordinary Share Sub-
division will be implemented in accordance with the following timetable:

  Event                                                                                                                  2026

  Increase in the authorised Ordinary Share Capital will become effective, on                                Monday, 13 April

  Last day to trade in Ordinary Shares on the old ISIN ZAE000337051 prior to the                            Tuesday, 21 April

  Ordinary Share Sub-division ("Last Day to Trade"), on

  Date on which Ordinary Shares trade "ex" the entitlement to participate in the                          Wednesday, 22 April
  Ordinary Share Sub-division and removal of the Ordinary Shares with the old ISIN
  ZAE000337051 and the issue and listing and commencement of dealings in
  entitlements to new Ordinary Shares (under the new sub-divided share capital
  structure) with the new ISIN ZAE000358925, on

  Forms of Surrender to be received by the Transfer Secretaries, by 12:00, on                                Friday, 24 April

  Record date to determine those Ordinary Shareholders whose Ordinary Shares will                            Friday, 24 April
  be subject to the Ordinary Share Sub-division ("Sub-division Record Date"), on

  Date of crediting of CSDP or broker accounts of dematerialised Ordinary                                   Tuesday, 28 April
  Shareholders with their entitlement to Ordinary Shares under the Ordinary Share
  Sub-division and crediting of Transfer Secretaries nominee account with
  entitlements of certificated Ordinary Shareholders to new Ordinary Shares, on

 Notes:
  1. All times given are in South African Standard Time, unless otherwise stated.
  2. Shareholders are referred to page 5 of the Circular for information on the action required to be taken by them.
  3. Ordinary Shares may not be dematerialised or rematerialised between the Last Day to Trade, being Tuesday, 21 April 2026
     and the Sub-division Record Date, being Friday, 24 April 2026 (both dates inclusive).
  4. No new Ordinary Shares will be issued in certificated form. Shareholders who, at the Sub-division Record Date, hold their
     Ordinary Shares in certificated form on the Ordinary Share register will receive dematerialised new Ordinary Shares into the
     Transfer Secretaries nominee account on implementation of the Ordinary Share Sub-division, being Tuesday, 28 April 2026.
     Certificated shareholders who do not complete and return the form of surrender, incorporated in the Circular, by 12:00 on the
     Sub-division Record Date will have their new Ordinary Shares credited to the Transfer Secretaries nominee account pending
     receipt of their completed form of surrender with details of their CSDP or broker account.


Johannesburg
10 April 2026


JSE Designated Advisor       Legal Advisor   NSX Sponsor
Questco Corporate Advisory   RDKM Advisory   Cirrus Securities (Pty) Ltd
                                             Member of the Namibian Stock
                                             Exchange

Date: 10-04-2026 05:37:00
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