Nayax Ltd. ("Nayax") announced today the pricing of its global initial public 
offering of 63,500,000 ordinary shares at a price per share of ILS 10.50 
(approx. USD 3.25). The offering comprises 44,000,000 ordinary shares by Nayax 
and an aggregate of 19,500,000 ordinary shares by three existing shareholders 
(the "Selling Shareholders"). In addition, Nayax has granted the underwriters a 
30-day option to purchase up to an additional 9,525,000 ordinary shares from 
Nayax, at the initial public offering price. Nayax intends to use the net 
proceeds of approximately ILS 430 million (approximately USD 132 million) from 
the initial public offering for financing the expansion of Nayax's business 
activities, pursuing its strategy to enter new markets and financing 
acquisitions. Nayax will not receive any proceeds from the sale of ordinary 
shares by the Selling Shareholders. The offering is expected to close on May 
12, 2021, subject to customary closing conditions.

Yair Nechmad, CEO, chairman and co-founder, stated: "We're excited to begin 
this new chapter in Nayax's journey and we believe it is only the beginning. We 
look forward to delivering value to our shareholders as we do to our growing 
number of customers across the globe every day. We're especially pleased to 
have completed a successful global offering on the Tel Aviv Stock Exchange. We 
hope it will pave the way for others to follow." 

"This milestone was made possible by the hard work and dedication of our 
employees and business partners, to whom the board conveys its deep 
appreciation and gratitude. The IPO process had the full support and guidance 
of an outstanding team, including the investment bankers of Jefferies Group 
LLC, sole global coordinator, Oppenheimer & Co. Inc., lead international 
manager and Leader Capital Markets, lead Israeli manager, the lawyers at 
Herzog, Fox & Neeman, Davis Polk and Wardwell LLP, Gornitzky & Co. and Latham & 
Watkins, LLP, the auditors of PwC Israel and the Investor Relations experts of 
MS-IR LLC."

This press release shall not constitute an offer to sell or the solicitation of 
an offer to buy any securities, nor shall there be any sale of securities in 
any jurisdiction in which such offer, solicitation or sale would be unlawful 
prior to registration or qualification under the securities laws of any such 
jurisdiction.

ABOUT NAYAX

Nayax offers a complete cashless payment solution, telemetry, management suite 
and consumer engagement tools to retailers, including unattended retail. Nayax' 
features help operators improve their day-to-day operations and long-term 
planning and transforms unattended machines into 24/7 retail stores. Nayax also 
ensures all transactions are secure with EMV transactions and increase revenue 
by accepting all dominant payment options in each region. As a global company, 
Nayax's goal is to help their customers grow their business with their complete 
merchant account capabilities. Visit www.nayax.com for more information.

Visit www.nayax.com for more information.

The securities referred to in this announcement have not been, and will not be, 
registered under the U.S. Securities Act of 1933, as amended (the "Securities 
Act") or under the securities laws of any state of the United States, and may 
not be offered, sold, resold or delivered, directly or indirectly, in or into 
the United States except pursuant to an exemption from, or in a transaction not 
subject to, the registration requirements of the Securities Act. In the United 
States, any offer of the ordinary shares will be made only to "qualified 
institutional buyers" as defined in and in reliance on Rule 144A under the 
Securities Act or another available exemption from, or in a transaction not 
subject to, the registration requirements of the Securities Act. Outside the 
United States, any offer will be made in accordance with Regulation S of the 
Securities Act.

Forward looking statement 
The information included in this press release contains, or may be deemed to 
contain, forward-looking statements (as defined in the U.S. Private Securities 
Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). Said 
forward-looking statements, relating to the initial public offering, are 
subject to uncertainties and assumptions and the actual results may materially 
differ. All forward-looking statements in this press release are based on 
information available to Nayax on the date hereof.  All written or oral 
forward-looking statements attributable to Nayax are expressly qualified in 
their entirety by the factors referred to above. Nayax does not intend to 
update these forward-looking statements.

IR Contact: 
Miri Segal 
MS-IR LLC 
msegal@ms-ir.com 
Tel: +1-917-6078654

SOURCE  Nayax