Money Box Private Placement Still On

The Integrated MoneyBox Investment Platform (IMIP)
The Opportunity
The Integrated MoneyBox Investment platform is an investment club sponsored by Integrated Capital Services
Limited (ICSL) to enable Nigerian investors participate in the private placement opportunity being presented in
the first mobile payments ecosystem in the West African subregion. MoneyBox Nigeria Limited is offering to sell
49.9% of its current total shareholdings by inviting discerning investors to purchase mimium of 100,000 units of
MoneyBox shares at a price of N2.50 per share. We anticipate that investors will make significant capital
appreciation in the next few years as MoneyBox rolls out its ecosystem across West Africa.
About MoneyBox
MoneyBox Nigeria Limited (“MoneyBox ” or the “Company”), is primarily a mobile payment service provider set up
to deploy paybox® enterprise mobile commerce application to allow users virtually store and move money, make
payments over distances and enable a host of transactions - all with the use of mobile phones. MoneyBox®
provides individuals a simple way to save, store, spend and move money around by using scratch cards and evouchers
on any mobile network. Any individual who can use a mobile phone can use MoneyBox®, whose
bedrock is simplicity. Prospective customers can open MoneyBox® accounts very easily by purchasing a
MoneyBox® kit from street agents, authorized shops and banks. Upon activating a MoneyBox® kit, customers can
store funds by purchasing scratch cards, pay utility bills, settle trades, and send money to friends and relatives
anywhere in the country. MoneyBox® creates the possibility of real-time banking functions at agent locations
Financial Projections

The company now intends to raise the sum of N1.2 billion (about US$10 million) through sale of 49% of its
authorised shareholders’ equity to select investors via a private placement. The funds shall be used to finance
the roll-out of MNL’s licensed mobile financial services platform in Nigeria, called MoneyBox® . Application of
the funds is as detailed below;
Sources of Funds N % Uses of Funds N %
Equity Investment 1,247,500 100.0% Licensing Fees 360,000 28.9%
Call Centre Build-Out 220,000 17.6%
Technology Infrastructure 155,000 12.4%
Fixtures, Equipment 100,000 8.0%
Operations & Working Capital 350,000 28.1%
Capital Raising Fees & Expenses 62,500 5.0%
Total Sources 1,247,500 100.0% Total Uses 1,247,500 100.0%
Summary terms of the offer
Issuer: MoneyBox Nigeria Limited (“MNL”).
Security: Ordinary shares ranking pari passu in all respects (“Ordinary Shares”).
Authorised Shares*: N500,000,000 comprising 1,000,000,000 Ordinary Shares of N0.50 kobo
each.
Issued and Fully
Paid Shares: N250,500,000 comprising of 501,000,000 Ordinary Shares of N0.50 kobo
each.
Offered Shares: 499,000,000 Ordinary Shares of N0.50 kobo each at N2.50 per share.
Method of Offer: Private placement.
Minimum Units of
Sale: Minimum of 100,000 Ordinary Shares and in multiples of 20,000 Ordinary
Shares thereafter.
Offer Price: N2.50 per share.
Offer Size: N1,247,500,000.
Payment: In full on application.
Application Period:
The application listing for shares will be open to prospective investors
until the date indicated in the covering letter from ICSL or any other date
that may be subsequently communicated by ICSL or MNL.
About Integrated
Integrated Capital Services Limited (ICSL) was set up by Chartered Bank in 1989 and licensed by the
Central Bank of Nigeria as a financial solutions firm in 1990 and a retail currency trader in 1991, through its
fully owned Bureau de Change subsidiary-ICSL Bureau de Change Limited.
Integrated has been managed by Chartered Bank since inception until March 2007, when Investcorp
Capital led a number of strategic investors to acquire controlling stake in the company. ICSL is keenly
interested in redefining the Financial Services (FS) market space by constantly leveraging on Research and
Superior Analytics to deliver information and investment decisions on real time basis, therefore enhancing a
superior yield than market counterparts.
* To be increased concurrently with the private placement. Current authorized share capital is N5,000,000 comprising of 10,000,000
Ordinary Shares of N0.50 kobo.
Key Investment Considerations
MoneyBox is a transformational business opportunity hinged on a unique business model which is the first of its
kind in the subregion.
MoneyBox has strong Management /operating capability
· MoneyBox is directed and managed by an experienced Board of directors and a strong management
team
· The company has a strong corporate governance structure and ethics
· MoneyBox Nigeria benefits from operational capability of paybox Solutions AG of Germany and the
two leading switching companies in Nigeria – Interswitch and Etranzact.
MoneyBox is a business with significant market growth potential
· The mobile telephony market in Nigeria is expected to continue to grow extensively over the next few
years.
· The largely under-banked and unbanked sectors of the population provides good opportunity for
MoneyBox Nigeria to grow its customer base
MoneyBox Nigeria Limited is well placed to participate in the expected telecommunications and financial
market growth because of its unique product offerings.


call 07028765591