DGAP-News: MyBucks - the first African focused Fintech company listed in Germany - starts trading today on the Frankfurt Stock Exchange


DGAP-News: MyBucks S.A. / Key word(s): IPO
MyBucks - the first African focused Fintech company listed in Germany -
starts trading today on the Frankfurt Stock Exchange

23.06.2016 / 08:00
The issuer is solely responsible for the content of this announcement.

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Press release
NOT FOR RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN
WHICH SUCH RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL. OTHER RE-STRICTIONS
ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS
ANNOUNCEMENT.
MyBucks - the first African focused Fintech company listed in Germany -
starts trading today on the Frankfurt Stock Exchange
- MyBucks S.A. successfully raised EUR 15.5m in its IPO

- First trading day of shares at Frankfurt Entry Standard today

Luxembourg, 23 June 2016 - Luxembourg-based financial technology (Fintech)
company MyBucks S.A., which holds three brands GetBucks, GetSure and
GetBanked and provides financial products and services to the low and
middle-income consumer segment, predominantly in emerging markets of Sub-
Saharan Africa, has successfully raised EUR 15.5 million in an IPO with
Hauck & Aufhäuser Privat-bankiers KGaA as Sole Global Coordinator and Sole
Bookrunner. The shares start trading today, the 23rd of June, at Frankfurt
Entry Standard (ISIN: LU1404975507, Bloomberg: MBC.GY).
With more than 300 employees and 400 sales agents, with operations in 11
countries, the MyBucks Group has already disbursed over EUR 140 million in
consumer loans, resulting in a top-line revenue of over EUR 30 million in
business year 2014/15 (starting July 2014 and ending June 2015).
Its state-of-the art, proprietary credit scoring technology allows MyBucks
to distribute its product port-folio through online channels (web and
mobile), as well as internet service points thereby enabling cost efficient
financial products and services in high-growth emerging markets with the
ultimate goal of creating financial inclusion.

MyBuck's recent acquisition (subject to customary closing conditions,
including regulatory approval by each central bank in the countries
concerned) of three banks, one saving and loans company and two non-bank
financial institutions from Opportunity International, Chicago, will fast
track MyBucks' ex-pansion strategy by adding Ghana, Mozambique and
Tanzania, increasing its customer base from 150,000 to more than 1.5
million and growing its assets from EUR 71 million to EUR 145 million. Most
importantly, this acquisition will give MyBucks access to funding in local
currencies, significantly re-ducing FX risks.

Commenting on the listing, Dave van Niekerk, CEO of MyBucks said: "The IPO
is important for the company's growth as it will enable us to evolve our
current business model in our existing operations, as well as expand into
new markets. Our ultimate goal is to drive financial inclusion through
digital technology."

About MyBucks
MyBucks is a FinTech company based in Luxembourg that delivers seamless
financial services through technology. Through its brands GetBucks,
GetBanked and GetSure the company offers unsecured con-sumer loans, banking
solutions as well as insurance products to customers. MyBucks has
experienced exponential growth since its inception in 2011 and today has
operations in nine African and two Euro-pean countries. MyBucks aims to
ensure that its product offering is accessible, simple and trustworthy, in
comparison to traditional, non-technological methods, ultimately working
towards enhancing the ben-efits to the customer. The MyBucks' product
offering enables customers to manage their financial affairs easily and
conveniently.

Discover more at: www.mybucks.com
Press Contact
Timothy Nuy, Executive Director, MyBucks
Phone: +352 2088 2123
Email: tim@mybucks.com

Important information
This announcement does not contain or constitute an offer to sell nor a
solicitation to buy or subscribe for securities.
This announcement is not a prospectus. Potential investors should not
purchase or subscribe for any securities referred to in this announcement
except on the basis of the information contained in the pro-spectus of the
Company (including any supplements thereto) which has been approved by the
Luxem-bourg Commission for the Supervision of the Financial Sector
(Commission de Surveillance du Secteur Financier - CSSF) and immediately
published thereafter. Copies of such prospectus are available free of
charge from MyBucks S.A., 40, avenue Monterey, L-2163 Luxembourg, Grand
Duchy of Luxembourg, as well as, for viewing in electronic form, on the
websites of the Luxembourg Stock Exchange (http://www.bourse.lu) and the
Company (http://www.mybucks.com).

This announcement is not an offer of securities for sale in the United
States of America (the "United States"). Securities may not be offered or
sold in the United States absent registration or an exemption from
registration under the U.S. Securities Act of 1933, as amended (the
"Securities Act"). Any public offering of securities to be made in the
United States would be made by means of a prospectus that could be obtained
from the Company and that would contain detailed information about the
Company and its management, as well as the financial statements of the
Company. There will be no public offer of the securities in the United
States.
In the United Kingdom, this information is directed at and/or for
distribution only to (i) investment professionals falling within article
19(5) of the Financial Services and Markets Act 2000 (Financial Promotion)
Order 2005, as amended (the "Order"), or (ii) high net worth companies
falling within article 49(2)(a) to (d) of the Order (each such person
hereinafter a "relevant person"). The securities are only available to, and
any invitation, offer or agreement to subscribe, purchase or otherwise
acquire such securities will be engaged in only with, relevant persons. Any
person who is not a relevant person should not act or rely on this
information or any of its contents.

Subject to certain exceptions under the Securities Act, the securities
referred to herein may not be of-fered or sold in Australia, Canada or
Japan or to, or for the account or benefit of, any national, resident or
citizen of Australia, Canada or Japan.

Some of the information in this announcement may contain projections or
other forward-looking state-ments regarding future events or the future
financial performance of the Company. You can identify forward looking
statements by terms such as "expect," "believe," "anticipate," "estimate,"
"intend," "will," "could," "may" or "might," or, in each case, the negative
of such terms or other similar ex-pressions. We wish to caution you that
these statements are only predictions and that actual events or results may
differ materially. We do not intend to update these statements to reflect
events and circum-stances occurring after the date hereof or to reflect the
occurrence of unanticipated events. Many factors could cause the actual
results to differ materially from those contained in our projections or
forward-looking statements, including, among others, general economic
conditions, our competitive environ-ment, risks associated with our
industry, as well as many other risks specifically related to the Company
and its operations.


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23.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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473729 23.06.2016