Keyware Technologies NV — Major Shareholding Notification 2018

Jul 2, 2018

REGULATED INFORMATION

PRESS RELEASE 2 July 2018 – 20.00 CET

PUBLICATION OF A TRANSPARENCY NOTIFICATION

Brussels, Belgium – 2 July 2018 – Keyware (EURONEXT Brussels: KEYW) a leading supplier of electronic payment solutions, discloses today that a shareholder has crossed the 10% threshold.

According to Article 14, first paragraph, of the Law of 2 May 2007 on disclosure of major holdings in issuers whose shares are admitted to trading on a regulated Belgian market, Keyware Technologies ('the Company') discloses today that it has received from Big Friend NV a notification of an important participation triggered by a threshold crossing.

1. Summary

Big Friend NV notifies that it holds, together with Stéphane Vandervelde, on aggregate 2,262,962 voting rights in Keyware Technologies represented by shares. This represents 10.04% of the 22,543,793 outstanding shares (denominator). The crossing of the 10% threshold is triggered by the exercise of warrants on 27 June 2018, as a result of which Big Friend NV has acquired on aggregate 665,000 additional shares.

2. Content

Today's received notification comprises the following information.

• the reason for the notification is the acquisition of shares having voting rights or voting rights
• the notification is issued by the parent enterprise (the Company)
• the person subject to the notification requirement is the company Big Friend NV, together with Mister Stéphane Vandervelde. The latter is related to Big Friend NV
• No persons that dispose of voting rights need to be mentioned
• the transaction date is 27 June 2018, on the occasion of the exercise of warrants (notary deed)
• the threshold that is crossed is 10%
• the denominator is 22,543,793
• the notified details are as follows

a) Voting rights	Former notification	Post transaction
	# voting rights	# voting rights		% voting rights
Holders of voting rights		Related to	Not related to	Related to	Not related to
		shares	shares	shares	shares
Stéphane Vandervelde	0	0		0.00%
Big Friend NV	862,068	2,262,962		10.04%
Subtotal	862,068	2,262,962		10.04%
	TOTAL	2,262,962	0	10.04%	0.00%

REGULATED INFORMATION

b) Equivalent financial instruments	Post transaction
Holders of equivalent financial instruments	Type of financial instrument	Maturity date	Exercise term or date	# voting rights that can be acquired through the exercise of the instrument	% voting rights	unfolding
	TOTAL			0	0.00%

TOTAL (a) + b))	# voting rights	% voting rights
CALCULATED	2,262,962	10.04%

• the chain of controlled undertakings through which the holding is effectively held : the majority of shares of Big Friend is held by Mister Stéphane Vandervelde
• No other information needs to be reported

The transparency notification can be consulted on the website of the Company in its original form (Dutch).

About Keyware

Keyware (EURONEXT Brussels: KEYW) is a leading supplier of electronic payment solutions. Keyware is based in Zaventem, Belgium. More information is available on www.keyware.com.

For additional information, please contact:

Mr Stéphane Vandervelde President & CEO Keyware Technologies NV

Tel: +32 (0)2 346.25.23 ir@keyware.com www.keyware.com