• Purple Group agreed to buy Telescope AI, with Purple Group taking 50% and EasyEquities taking the other 50%.
• Total consideration up to USD 10.75 million, including USD 7 million at closing.
• Closing payment includes USD 5 million cash, with USD 2 million settled via issuance of 19,091,533 Purple Group shares.
• Deferred consideration up to USD 3.75 million over five years, tied to cash-flow limits and performance milestones.
• Telescope AI provides AI-based investment discovery and compliance tools; reported AUD 494,716 net assets and AUD 88,272 loss for six months to Feb. 28, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Purple Group Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S524055), on July 13, 2026, and is solely responsible for the information contained therein.