Update Regarding Admission on the Aquis Growth Market and Placing
AFRICA BITCOIN CORPORATION LTD
(formerly Altvest Capital Limited)
Incorporated in the Republic of South Africa
(Registration Number: 2021/540736/06)
LEI Number: 37898OOE85B7YW5EEW57
JSE Main Board – General Segment
(‘Africa Bitcoin Corporation’ or ‘ABC’ 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 ZAE000358925
Preferred A Ordinary Shares BACA – – – ZAE000338422
Preferred B Ordinary Shares BACB – – – ZAE000338430
Preferred C Ordinary Shares BACC BANC – – ZAE000338448
UPDATE REGARDING ADMISSION ON THE AQUIS GROWTH MARKET AND PLACING
Africa Bitcoin Corporation Ltd (JSE: BAC | AQUIS: ABC | NSX: BAN | OCTQB: AFBCF | FRA: 4BC), a company providing
financial services to small and medium enterprises (‘SMEs’) across South Africa and the world’s first Bitcoin (‘BTC’)
backed SME growth accelerator, refers to the announcement published by the Company on 31 July 2026 and advises
that, due to a technical matter, the proposed date of listing of ABC (as a secondary listing) on the Access segment of
the Aquis Growth Market (‘Admission’) and concomitant placement of ABC ordinary shares (‘Placing’) have been
delayed.
The Company will provide an update on the revised date of the Admission and Placing in due course.
Johannesburg
14 August 2026
Africa Bitcoin Corporation Ltd
Warren Wheatley, CEO warren@africabitcoincorporation.com
Guild Financial Advisory – Aquis Corporate Adviser
Evangeline Klaassen evangeline.klaassen@guildfin.co.uk
Oberon Capital – UK Corporate Broker
Nick Lovering, Adam Pollock Tel: +44 203 179 5300
Redchurch Communications – Financial PR & IR
John Casey / Nicky Bagheri abc@weareredchurch.com
Questco Corporate Advisory Proprietary Limited – JSE Sponsor
Taryn Carter sponsor@questco.co.za
RDKM Advisory Proprietary Limited – Legal Advisor
Reggie Dlamini reggie@altvestcapital.co.za
CTSE Registry Services Proprietary Limited – Company Secretary
and Transfer Secretary
Estelle de Jager admin@ctseregistry.co.za
Cirrus Securities Proprietary Limited – NSX Sponsor
Chastin Bassingthwaighte sponsor@cirrus.com.na
The Board of directors of the Company (the ‘Board’) accept responsibility for the contents of this announcement.
Important Notice:
The Company holds treasury reserves and surplus cash in Bitcoin. Bitcoin is a type of cryptocurrency or crypto asset.
Whilst the Board considers holding Bitcoin to be in the best interests of the Company, the Board remains aware that the
financial regulator in the UK, the Financial Conduct Authority (‘FCA’) considers investment in Bitcoin to be high risk. At
the outset, it is important to note that an investment in the Company is not an investment in Bitcoin, either directly or by
proxy. However, the Board considers Bitcoin to be an appropriate store of value and growth for the Company’s. Such
an approach is innovative, and the Board wishes to be clear and transparent with prospective and actual investors
regarding the Company’s position in this regard.
The Company is neither authorised nor regulated by the FCA, and cryptocurrencies (such as Bitcoin) are unregulated
in the UK. Additionally, the JSE does not at this time have any regulatory framework in place to regulate issuers investing
in crypto assets. Once such regulatory framework has been put in place by the JSE, the Company undertakes to adhere
thereto. As with most other investments, the value of Bitcoin can go down as well as up, and therefore the value of the
Company’s Bitcoin holdings can fluctuate. The Company may not be able to realise its Bitcoin exposure for the price it
originally paid, or even for the value the Company ascribes to its Bitcoin positions, due to these market movements.
Furthermore, because Bitcoin is unregulated, the Company is not protected by the UK’s Financial Ombudsman Service
or the Financial Services Compensation Scheme.
Nevertheless, the Board has taken the decision to invest in Bitcoin, and in doing so is mindful of the special risks Bitcoin
presents to the Company’s financial position. These risks include (but are not limited to): (i) the value of Bitcoin can be
highly volatile, with value dropping as quickly as it can rise. There is a risk that all money invested in Bitcoin by ABC
may not be realised; (ii) the Bitcoin market is largely unregulated. There is a risk of ABC losing money due to risks such
as cyber-attacks, financial crime and counterparty failure; (iii) the Company may not be able to sell its Bitcoin at will,
should it be required. The ability to sell Bitcoin depends on various factors, including the supply and demand in the
market at the relevant time. Operational failings such as technology outages, cyber-attacks and comingling of funds
could cause unwanted delay; and (iv) crypto assets are characterised in some quarters by high degrees of fraud, money
laundering and financial crime. In addition, there is a perception in some quarters that cyber-attacks are prominent which
can lead to theft of holdings or ransom demands. The Board does not subscribe to such a negative view, especially in
relation to Bitcoin. However, prospective investors in the Company are encouraged to do your own research before
investing in ABC.
Forward looking statements
Certain statements made in this announcement are forward-looking statements. These forward-looking statements are
not historical facts but rather are based on the Company’s current expectations, estimates, and projections about its
industry; its beliefs; and assumptions. Words such as ‘anticipates,’ ‘expects,’ ‘intends,’ ‘plans,’ ‘believes,’ ‘seeks,’
‘estimates,’ and similar expressions are intended to identify forward-looking statements. These statements are not a
guarantee of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of
which are beyond the Company’s control, are difficult to predict, and could cause actual results to differ materially from
those expressed or forecasted in the forward-looking statements. Investors and potential investors should not place any
reliance on forward-looking statements, which reflect the view of the Company only as of the date of this announcement.
The forward-looking statements made in this announcement relate only to events as of the date on which the statements
are made. The Company will not undertake any obligation to release publicly any revisions or updates to these forward-
looking statements to reflect events, circumstances, or unanticipated events occurring after the date of this
announcement except as required by law or by any appropriate regulatory authority.
Date: 14-08-2026 08:45:00
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