Sharenet Sites 
Sharenet Sites
Change in SEM Classification
NUMERAL LTD
(Incorporated in the Republic of Mauritius)
(Registration number: 098177 C1/GBL)
Primary Listing SEM share code: NXII.N0000.
Secondary Listing JSE share code: XII
ISIN: MU0330N00004
("the Company" or "Numeral")
ACCEPTANCE BY THE FINANCIAL SERVICES COMMISSION OF MAURITIUS ("FSC") OF NUMERAL'S
EXPANDED BUSINESS PLAN AND APPROVAL BY THE STOCK EXCHANGE OF MAURITIUS ("SEM") OF
THE CHANGE IN CLASSIFICATION OF NUMERAL'S LISTING TO THE "INVESTMENTS" CATEGORY UNDER
CHAPTER 16 (GLOBAL BUSINESS) OF THE SEM LISTING REQUIREMENTS
Shareholders are advised that the FSC of Mauritius has accepted the Company's revised and
expanded business plan. The acceptance extends Numeral's business activities beyond
biotechnology, healthcare and pharmaceutical businesses.
The Company acts as an apex investment holding company for a growing portfolio of operating
subsidiaries and investee companies domiciled outside of Mauritius.
Following the FSC's acceptance of the revised business plan, the SEM, on which Numeral holds its
primary listing, has granted approval for the change in classification of the Company's listing to
the "Investments" category under the Global Business regime, as set out in Chapter 16 of the SEM
Listing Requirements, with effect from 25 May 2026.
The reclassification follows the substantial evolution of the Company since its original listing.
Numeral has transitioned from its initial focus on nutraceuticals and healthcare into a diversified
multi-sector investment holding group.
Whilst the Group's principal operating subsidiaries currently remain focused on biotechnology,
healthcare and pharmaceuticals, the Group has expanded its activities into financial services,
asset management, capital markets, treasury activities and other strategic investment
opportunities. The Company will continue to operate as the apex investment holding company
of the Numeral Group, with its principal administrative and strategic oversight function domiciled
in Mauritius and its operating subsidiaries and investee companies held outside of Mauritius.
All current operating subsidiaries are held via Numeral SA Holdings (Pty) Ltd, a wholly owned South
African subsidiary of the Company. The Group's portfolio spans biotechnology, healthcare and
pharmaceuticals, financial services, asset management, capital markets and treasury activities
and is not restricted to any particular industry or sector. The Company's activities will therefore be
more appropriately reflected under the "Investments" classification going forward.
The FSC's acceptance of the expanded business plan and the SEM's approval of the
reclassification represent an important milestone in the Company's development and provide
regulatory alignment with its current operating model and long-term strategy.
The approval provides Numeral with greater strategic flexibility to pursue its investment holding
strategy, including the acquisition, incubation, management and development of operating
businesses and strategic investments across multiple sectors and jurisdictions.
The reclassification aligns the Company's listing classification with its current and intended business
activities and does not constitute a change in control, reverse takeover, restructuring or disposal
of assets.
The change in classification is administrative in nature and does not affect the rights of
shareholders, the Company's issued share capital, or the trading of the Company's securities on
either the SEM or the JSE. Numeral retains its primary listing on the SEM and its secondary (inward)
listing on the JSE.
Shareholders are referred to the announcements previously published by the Company on the
news services of the SEM and the JSE regarding the extension of the scope of the Company's
Global Business Licence and the continued development of the Group's investment holding
strategy.
This announcement is released for information purposes.
Numeral Ltd has its primary listing on the Stock Exchange Mauritius and a secondary listing on the
AltX of the JSE.
This notice is issued pursuant to SEM Listing Rule 11.3 and the Mauritian Securities Act 2005. The
Board of Directors of Numeral Ltd accepts full responsibility for the accuracy of the information
contained in this announcement.
By Order of the Board
15 June 2026
Executive Directors: Non-Executive Directors:
Dave van Niekerk Mohamed Yusuf Sooklall
Neville Graham Dr Aansa Devi Bedacee
Jacobus Botma
JSE Sponsor: Management Company and Company Secretary:
AcaciaCap Advisors Proprietary Limited LTS Management Services Limited
Date: 15-06-2026 09:02:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
