Welcome to Paratus Namibia Holdings Ltd

Paratus Namibia Holdings (previously called Nimbus Infrastructure) is a listed company under the Technology Sector on the NSX (Namibian Stock Exchange), with the objective of pursuing investments in the Information Communication and Technology Sector in sub-Saharan Africa.

Stock Exchange: NSX
Share Code: PNH

Financial Results

Integrated Annual Reports

2024/12/09 – 2024 – Integrated Annual Report (8.8 MB PDF Format)
2023/12/07 – 2023 – Integrated Annual Report (7 MB PDF Format)
2022/12/14 – 2022 – Integrated Annual Report (17.5 MB PDF Format)
2021/12/06 – 2021 – Integrated Annual Report (21.7 MB PDF Format)
2020/12/14 – 2020 – Integrated Annual Report (10.9 MB PDF Format)
2019/08/30 – 2019 – Integrated Annual Report (8,697 KB PDF Format)
2018/06/29 – 2018 – Integrated Annual Report (1,937 KB PDF Format)

Circulars to Shareholders

2024/02/23 – 2024 – PNH Circular – Rights Issue (1.0 MB PDF Format)
2019/08/30 – 2019 – Nimbus Circular – Paratus Group Share Swap (3.8 MB PDF Format)
2018/03/27 – 2018 – Nimbus Circular (6.3 MB PDF Format)
2017/11/16 – 2017 – Nimbus Circular (10.7 MB PDF Format)

Announcements

Downloads

Curricula Vitae

Other

2018/07/27 – Minutes of Shareholders Meeting of Nimbus.pdf (186 KB PDF Format)
2019/08/30 – Nimbus Articles of Association (1.4 MB PDF Format)
Abridged PLS Nimbus InfrastructureLtd Final (137 KB PDF Format)
Nimbus Rights Issue Factsheet (275 KB PDF Format)

Disclaimer

The information on this website is provided by Paratus Namibia Holdings (“PNH”) in good faith and has been derived from sources believed to be reliable and accurate and is for informational purposes only, subject to the terms and conditions provided below.

The information is selective and PNH has not verified all of the information. It may therefore not be complete or accurate for your purposes. PNH makes no representation or warranty of any kind for the accuracy or completeness of the information. PNH is under no obligation to update or correct any errors in the information after the date of publication. PNH and its Directors, employees and associates do not accept any loss or damage, however caused, as a result of any person relying on any information in this document. The information, pages and other materials provided on this website, or which may be downloaded from this website, are provided “as is” and without warranties of any kind. PNH expressly disclaims all warranties with respect to this website, whether express or implied, including, but not limited to, implied warranties of merchantability and fitness for a particular purpose.

This information is not intended to be a recommendation, offer or invitation to take up any financial products. This information is general information only and is not intended to constitute an investment recommendation. This information does not take into account the investment objectives, financial situation and particular needs of an investor. Before making an investment decision we suggest you consider these factors and recommend that you consult a financial advisor, broker or banker.

The information herein is aimed specifically at the persons to whom it has been personally addressed, with demonstrable knowledge and experience in financial and business matters which would enable them to assess the merits and risks of an investment or to obtain the necessary professional advice to enable them to assess the merits and risks of an investment.

This website does not create a business or professional services relationship between you and PNH. By accessing and using this website, you accept and understand the following terms and conditions, without limitation or qualification. If you do not agree to the terms and conditions, please do not use this website.

Unless it is explicitly otherwise provided, all information, pages, and materials provided on this website are owned by PNH. You may not copy, republish, redistribute, or exploit in any manner any material from this website without the express written consent of PNH.

Only if you have been provided with log-in details to this website, you may download a single copy of pages, or other materials found on this website onto a single computer for your personal, non-commercial, internal use only, provided that you do not modify these items in any way or incorporate them into another work. This is a license grant and does not constitute any transfer of ownership. This license is non-transferable and may be terminated or revoked at any time at PNH’s sole discretion. PNH reserves the right to restrict framing of this website, and you agree to promptly cease and discontinue any framing of all or any portion of this website upon receipt of a written request from PNH. Any login details provided to you is to be kept strictly private and may not be shared with anyone else. Any documents accessed or downloaded are for the exclusive use of the person to whom the log-in details have been provided and the documents addressed. These documents and any other information on this website is strictly private and confidential and may not be shared with any other person.

PNH has no control over information, pages, other materials and software at websites hyperlinked to or from this one. A hyperlink to or from this website does not mean that PNH approves or endorses the hyperlinked website or makes any representation regarding the accuracy, quality, safety or suitability of any information, pages, materials or software found there. In no event shall PNH be responsible for your use of a hyperlinked website, or your reliance on any information provided on such a hyperlinked website. Any use you make of the information provided on this website, or on any website or service linked to by the website, is at your own risk. PNH reserves the right to restrict hyperlinks to this website to the maximum extent permitted by law, and you agree to promptly remove and eliminate any hyperlinks to this website upon receipt of a written request from PNH.

Your use of this website is at your own risk, and it is your responsibility to take precautions to ensure that the pages and other materials that you access do not transfer any viruses, worms, Trojan horses, time bombs or other items of a destructive nature to your personal computer, or to any other computer used by you. This website may not be compatible with the web browser or other software you use. There is no guarantee that the website will be available on a consistent or ongoing basis, and the provision of this website may be subject to periods of interruption or poor performance and may be terminated at any time. This website may include dated or inaccurate information, and information may be changed or updated without notice. PNH does not commit to, and specifically disclaims any duty to, update or correct any such information. Accordingly, any use you make of the information provided on this website, or any reliance that you place on such information, is at your own risk.

In no event shall PNH be liable to you for any damages whatsoever, including any direct, indirect, special, consequential damages or any other damages (including, but not limited to, lost profits, business interruption or loss of programs or data), arising out of or in connection with your use of this website or any hyperlinked website, or any content on or accessed through this website, even if PNH has been advised of the possibility of such damages.

If you reference this website or publish any content or information accessed on or from this website on any form of social media platform or website, you agree to be personally accountable for such information. You must expressly state on all such postings that the stated views are your own and do not necessarily reflect the views of PNH. You must make it clear that you are speaking for yourself and not on behalf of PNH. However, you may retweet content from the PNH Twitter account on your own Twitter account. You may face legal action in respect of any commentary, defamatory, proprietary, discriminatory or defamatory statements that you make concerning PNH. Users are encouraged to report, in good faith, any instances of violation of these terms and conditions.

Any rights not expressly granted herein are reserved.

About Paratus

PNH – Paratus Namibia Holdings (previously Nimbus Infrastructure) is a listed company under the Technology Sector on the NSX (Namibian Stock Exchange), with the objective of pursuing investments in the Information Communication and Technology Sector in sub-Saharan Africa.

Stock Exchange: NSX
Share Code: PNH

Nimbus Infrastructure started of as the first CPC in Namibia and has subsequently converted to a full listed company on the NSX.

CPCs, or Special Purpose Acquisition Companies as they are known elsewhere, are structures that have been used in a number of countries around the world, but are new to Namibia. These companies are cash shells that are listed on the stock exchange for the purpose of capital raising, ultimately to purchase or develop assets that fulfil a set of predetermined criteria, as stipulated in the company’s listing documentation.

The CPC structure is a structure that has gained popularity in various markets in the world, especially in the United States and Canada. CPCs are generally used in circumstances similar to reverse mergers, but offer the benefits of being well funded and liquid, having hand-picked suitably experienced management teams, and offering a clean slate. In South Africa, a number of CPC type listings have been done over recent years under the Johannesburg Stock Exchange equivalent of the CPC, the Special Purpose Acquisition Company.

These structures serve an important role in developing the financial sector, as well as addressing situations where conventional financing methods are not viable, by facilitating access to financing for the development of large projects through the listed capital markets.

Investment criteria
PNH has clearly defined investment criteria whereby Viable Assets will be evaluated. In essence, these may include direct or indirect investments in the ICT sector in sub-Saharan Africa. Investments will be evaluated against a required rate of return, based on the capital asset pricing model, with the equity risk premium calculated as per a macroeconomic model that considers the country of investment’s long-term government yield, expected real growth in GDP, expected inflation and the relative valuation of the local equity market. In addition to the equity risk premium, the required rate of return will also consider the specific risk premium of the considered Viable Asset, based on earnings visibility.

Following the Listing of Nimbus on the NSX, as per the Investment Agreement, Cirrus Capital will identify and evaluate potential Viable Assets. Once the research, valuation and due diligence have been conducted, and Cirrus Capital is satisfied with the potential Viable Assets, Cirrus Capital will present such to the Investment Committee of the Board for consideration. If approved, the Investment Committee will take the Viable Assets to the Board for a vote by disinterested Directors.

If approved by the Board, the Viable Assets will be proposed to Shareholders via a circular, to be voted on at a general meeting of Shareholders. The circular will also include proposals for the application of any remaining Offer Proceeds.

Once approved by the Shareholders and acquired, the Viable Assets will be managed in-line with the individual transaction agreements and the Management Agreement signed between Paratus Telecommunications (PTY) Ltd (the Manager) and PNH.

Please address all general enquiries to info@paratus.africa via e-mail.

Please address all investor enquiries to invest@paratus.africa via e-mail.