Teraco Data Environments (Pty) Limited (“Teraco” or the “Company”) operates vendor neutral data centers in South Africa – large, energy efficient information and communication technology (ICT) infrastructure facilities whereby customers can locate ICT equipment to connect to any of numerous data carriers (Internet Service Providers) in an open market environment. The Company was founded in 2007 and operates South Africa’s first carrier and vendor neutral data center, located just outside of Cape Town’s business district, and has recently opened a second data center in the Johannesburg metropolitan area. Teraco is raising capital to expand in South Africa and develop plans for international expansion into Sub-Saharan Africa. Proceeds would be invested in three new facilities, i) a second data center in Cape Town, ii) second and third phases of its Johannesburg facility, and iii) a new data center in Durban, another major business hub in the country. Additionally, as those facilities come on line, Teraco would use the remaining funds to develop detailed plans for their international expansion. The expansion of capacity in Cape Town and Johannesburg, and new facility in Durban, would complete Teraco’s national data center footprint, offering customers state-of-the-art ICT infrastructure in South Africa’s main business conurbations.