HOME     SUBSCRIBERS     TRADE     PRODUCTS & SERVICES    
About Sharenet
Enter any share name or code:    

10-Nov-2017
(C)
03-Oct-2017
(Official Notice)
29-Sep-2017
(Official Notice)
Shareholders of Novus Holdings are hereby notified that Mr. Neil Birch?s designation has changed from independent non-executive to executive chairman of the Group, effective 01 October 2017.
27-Sep-2017
(Official Notice)
Further to the announcement issued on 03 August, Novus Holdings shareholders are notified that the unbundling has been implemented as at 26 September 2017.



In terms of the results of the Naspers accelerated bookbuild announced on 26 September 2017, 35 141 309 Novus Holdings shares were successfully placed at R6.15 which represented a 1.3% premium to Novus Holdings? closing price at 26 September 2017.
19-Sep-2017
(Official Notice)
06-Sep-2017
(Official Notice)
Shareholders are referred to the announcement released by Naspers Ltd. (?Naspers?) on 5 September 2017 relating to the unbundling of Novus Holdings shares to Naspers shareholders.



Details pertaining to the unbundling are contained in the announcement released by Naspers.

04-Sep-2017
(Official Notice)
Further to the cautionary announcement issued on 21 July 2017, Novus shareholders are advised that the Company remains in negotiations with flexible packaging solutions manufacturer and supplier, ITB Manufacturing (Pty) Ltd., and another potential acquisition. These proposed acquisitions, if concluded, may have a material effect on the Company?s securities. Until further announcements are made regarding these potential transactions, shareholders are advised to continue exercising caution when dealing in their Novus shares.
18-Aug-2017
(Official Notice)
Shareholders are advised that at the Annual General Meeting (?AGM?) of Novus Holdings held today at the Group?s registered office at 10 Freedom Way, Marconi Beam, Montague Gardens in Cape Town, all the resolutions set out in the notice were duly passed by the requisite majority of shareholders.



*Total issued number of ordinary shares: 347 332 454

*Number of ordinary shares that could have been voted at the meeting: 319 545 857

*Total number of ordinary shares represented at the AGM: 296 238 220

Percentage of ordinary shares represented at the meeting: 85.29%



03-Aug-2017
(Official Notice)
Novus shareholders are referred to the SENS announcement released on 3 April 2017 in which they were advised that the Competition Commission had recommended Media24 (Pty) Ltd. (?Media24?) merger filing concerning Novus (?Merger Filing?) to the Competition Tribunal for approval. The Merger Filing includes a condition that Media24 divest itself of the majority of its shareholding in Novus whilst permitting Media24 to retain a non-controlling minority stake in Novus of 19% (?Merger Condition?).



On 3 August 2017 (?Approval Date?), the Competition Tribunal approved the Merger Filing, including the Merger Condition. Accordingly, Media24 is now required to unbundle the majority of its shareholding in Novus to Naspers Ltd. (?Naspers?), its ultimate holding company, and thereafter to Naspers?s shareholders (?Unbundling?).



In terms of the Merger Condition, Media24 is required:

*within 20 business days from the Approval Date, lodge any amendments required to its Memorandum of Incorporation (?MOI?) to give effect to the Unbundling with the Companies and Intellectual Property Commission ("CIPC"); and

*within 40 business days after the amended MOI has been approved by CIPC, to implement the Unbundling.



Novus shareholders will be advised once the Unbundling has been implemented.





21-Jul-2017
(Official Notice)
In reference to the renewal of the cautionary announcement issued on 09 June 2017, Novus Holdings? shareholders are advised that the Group remains in negotiations with flexible packaging solutions manufacturer and supplier, ITB Manufacturing (Pty) Ltd.. Negotiations are also ongoing relating to another potential acquisition. Until further announcements are made regarding these potential transactions, shareholders are advised to continue exercising caution when dealing in their Novus Holdings shares.

13-Jul-2017
(Official Notice)
The board of directors of Novus Holdings announced the appointment of Ms Lulama Mtanga as independent non-executive director of the company with effect from 15 July 2017. Ms Mtanga has been appointed as chairman of the social and ethics committee and will also serve on the investment committee.
30-Jun-2017
(Official Notice)
Novus Holdings shareholders are hereby informed that the Group published its integrated annual report for the year ended 31 March 2017 and that it is available on the Company?s website, www.novus.holdings. The report was dispatched to shareholders today, 30 June 2017.



The annual financial statements included in the integrated annual report have been audited by the Group?s auditors, PricewaterhouseCoopers Incorporated, and contain no modifications to the published annual results which were released on 09 June 2017. The auditors? unqualified report is available for inspection at the Group's registered office at 10 Freedom Way, Marconi Beam, Montague Gardens.



The annual general meeting of Novus Holdings will be taking place on Friday, 18 August 2017 at 10h00 at the registered office of the Group, to transact business as stated in the notice of annual general meeting forming part of the integrated annual report. This notice together with the proxy form will be available on the Company?s website, www.novus.holdings, as Friday, 30 June 2017.



The record date on which shareholders of Novus Holdings must be registered as such in the Company?s securities register in order to attend and vote at the annual general meeting is Friday, 11 August 2017 being the voting record date set by the board of the Company. The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Monday, 07 August 2017. Proxy forms must be lodged, for administrative purposes, by no later than 10h00 on Wednesday, 16 August 2017.



Shareholders are further advised that the Group?s annual compliance report for the 2017 financial year in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act has been published and is also available on the Company?s website, www.novus.holdings.



09-Jun-2017
(C)
03-May-2017
(Official Notice)
Further to the cautionary announcement issued on 15 March 2017, Novus Holdings shareholders are advised that the Company remains in advanced negotiations with respect to the two potential acquisitions (?the proposed acquisitions?). If successfully concluded, the proposed acquisitions may have a material effect on the Company?s securities.



Shareholders are advised to continue exercising caution when dealing in Novus shares until a further announcement is made in this regard.
02-May-2017
(Official Notice)
NVS 201705020044A

Trading statement update



Novus Holdings Limited

(Incorporated in the Republic of South Africa)

JSE share code: NVS

ISIN: ZAE000202149

Registration number: 2008/011165/06

(?Novus Holdings?, ?the Company? or ?the Group?)





TRADING STATEMENT
UPDATE





Shareholders are referred to the trading statement released on the Johannesburg Stock Exchange News

Service on 12 April 2017, advising that the Group expects its basic earnings per share (?EPS?) and

headline earnings per share (?HEPS?) for the year ended 31 March 2017 to be lower than the previous

corresponding period.



In the same announcement, the Group undertook to issue a further trading statement once there was

clarity on the specific range in EPS and HEPS.



Shareholders are advised that the Group expects its basic EPS for the year ended 31 March 2017 to be

within the range of 76.7 cents and 80.9 cents. This corresponds to a decline of between 42% and 45%

when compared to the reported EPS of 139.5 cents for the year ended 31 March 2016. The Group

expects its HEPS for the year ended 31 March 2017 to be within the range of 107.7 cents and 111.9

cents. This corresponds to a decline of between 20% and 23% when compared to the reported HEPS of

139.9 cents for the year ended 31 March 2016.



The Group expects to release its results for the year ended 31 March 2017 on SENS on or about 09 June

2017.



The financial information on which this trading statement is based has not been reviewed or reported

on by the external auditors of Novus Holdings.





Cape Town



02 May 2017



Sponsor: Investec Bank Limited









1



Date: 02/05/2017 02:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').

The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of

the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,

indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,

information disseminated through SENS.
02-May-2017
(Official Notice)
Shareholders are referred to the trading statement released on the Johannesburg Stock Exchange News Service on 12 April 2017, advising that the Group expects its basic earnings per share (?EPS?) and headline earnings per share (?HEPS?) for the year ended 31 March 2017 to be lower than the previous corresponding period.



In the same announcement, the Group undertook to issue a further trading statement once there was clarity on the specific range in EPS and HEPS. Shareholders are advised that the Group expects its basic EPS for the year ended 31 March 2017 to be within the range of 76.7 cents and 80.9 cents. This corresponds to a decline of between 42% and 45% when compared to the reported EPS of 139.5 cents for the year ended 31 March 2016. The Group expects its HEPS for the year ended 31 March 2017 to be within the range of 107.7 cents and 111.9 cents. This corresponds to a decline of between 20% and 23% when compared to the reported HEPS of 139.9 cents for the year ended 31 March 2016.



The Group expects to release its results for the year ended 31 March 2017 on SENS on or about 09 June 2017. The financial information on which this trading statement is based has not been reviewed or reported on by the external auditors of Novus Holdings.
02-May-2017
(Official Notice)
Novus Holdings' shareholders (?Shareholders?) are referred to its announcement released on the Stock Exchange News Service on 26 January 2017 ("January Announcement") regarding:

* the termination of the restated management agreement entered into between Novus Holdings, Media24 (Pty) Ltd. (?Media24?) and Lambert Retief on 23 February 2015 (?Restated Management Agreement?) due to Lambert Retief's passing on 25 January 2017; and

* Media24 thus having the right to terminate its existing printing agreements entered into with the Novus Holdings group (?Existing Printing Agreements?) on six months? written notice.



Following engagements with JSE Ltd. on this matter, Novus Holdings wishes to advise its Shareholders that:

* Lambert Retief ceased to be a party to the Restated Management Agreement when he ceased to act as non-executive Chairman of Novus Holdings on his passing. As such, Lambert Retief's rights and obligations under the Restated Management Agreement have terminated. Contrary to the January Announcement, Media24's and Novus Holdings' respective rights and obligations under the Restated Management Agreement remain in effect, in accordance with the terms of the Restated Management Agreement; and

* in terms of the interpretation of the parties to the Existing Printing Agreements, Lambert Retief ceasing to be party to the Restated Management Agreement, when he passed, gave Media24 the right to terminate the Existing Printing Agreements. However, Media24 has not terminated, and has subsequently waived, without derogating from any of its other termination rights, any right that it may have had to terminate the Existing Printing Agreements as a consequence of Lambert Retief ceasing to be a party to the Restated Management Agreement.



Accordingly, the Restated Management Agreement, as it relates to Media24 and Novus Holdings, and the Existing Printing Agreements remain in effect, on the terms as disclosed in Novus Holdings? pre- listing statement dated 4 March 2015.
12-Apr-2017
(Official Notice)
Shareholders are advised that the Group is satisfied that a reasonable degree of certainty exists that the financial results to be reported on for the year ended 31 March 2017 will differ by 20% or more from the financial results of the previous corresponding reporting period.



Factors that negatively impact the Group?s headlines earnings per share (?HEPS?) relative to the comparative period include the continuation of tough trading conditions and the resultant negative impact on print volumes, as well as losses incurred at the tissue operation whilst in the process of commissioning additional milling capacity. Furthermore, the decrease in earnings per share (?EPS?) is exacerbated by impairments to be recognised on unutilised production capacity and related equipment.



In the light of the above factors, shareholders are advised that the Group expects its basic EPS and HEPS for the year ended 31 March 2017 to be lower than the corresponding period by at least 42% and 20% respectively, or lower by at least 58.6 cents and 28.0 cents respectively, when compared to the reported EPS of 139.5 cents and HEPS of 139.9 cents for the year ended 31 March 2016.



A further trading statement will be released on or about 02 May 2017, to provide shareholders with further detail regarding the Company?s earnings forecast ranges for basic EPS and HEPS, as required by the JSE Listings Requirements.



DBE tender award

Novus confirms that it has been awarded the DBE workbook tender. The Group will continue the partnership for a three-year period (2018, 2019 and 2020) following the success of the previous workbook project.



Media24 print agreement

The Group also has an in-principle agreement with Media24 for a new print contract of which further details will be communicated on once finalised.



Results announcement

The Group?s reviewed annual financial results for the period ended 31 March 2017 will be released on SENS on or about 09 June 2017.
03-Apr-2017
(Official Notice)
Novus shareholders (?Shareholders?) are referred to the announcement released on SENS on 26 November 2015 in terms of which Shareholders were advised that the Competition Appeal Court on 25 November 2015 upheld an appeal by Caxton and CTP Publishers and Printers Ltd. (?the Appeal?). In terms of the Appeal, Media24 was required to notify the Competition Authorities of a change of control which arose from the implementation of the restated management agreement dated 23 February 2015 (?Merger Filing?). The Merger Filing was filed with the Competition Commission in February 2016.



The Competition Commission has decided to recommend the Merger Filing for approval to the Competition Tribunal subject to the condition that Media24 divest itself of the majority of its shareholding in Novus; permitting Media24 to retain a non-controlling minority stake in Novus of 19% (?Merger Condition?). The Merger Condition, including the proposed 19%, remains subject to the final approval of the Competition Tribunal. If the Competition Tribunal approves the Merger Condition, Media24 will unbundle the majority of its shareholding in Novus to the shareholders of Naspers Ltd., its ultimate holding company (?Unbundling?). The Unbundling will be implemented as soon as reasonably possible after the approval date.
24-Mar-2017
(Official Notice)
The board of directors of Novus Holdings (?the board?) hereby notifies its shareholders of the following changes to the composition of the board.



Appointment effective 23 March 2017:

- Ms Cindy Hess has been appointed as non-executive director.



Resignations effective 03 April 2017:

- Mr Fred Robertson will step down as lead independent non-executive director and interim Chairman as he wishes to focus his attention on his other business commitments.

- Mr Abduraghman Mayman will resign as non-executive director following his retirement as Chief Financial Officer at Media24.



Appointments effective 03 April 2017:

- Mr Neil Birch will be appointed as an independent non-executive director and Chairman of the board.

- Following the resignation of Mr Robertson, current independent non-executive director, Mr Jan Potgieter, will be appointed as lead independent non-executive director.



Board committees will be reviewed following the induction of Mr Birch as Chairman and shareholders will be informed of any changes in due course.
15-Mar-2017
(Official Notice)
Shareholders are advised that Novus has entered into negotiations in respect of two potential acquisitions, which if successfully concluded, may have a material effect on the Company?s securities. Shareholders are accordingly advised to exercise caution when dealing in the Novus shares until a further announcement is made.
26-Jan-2017
(Official Notice)
Shareholders of Novus were notified that the restated Management Agreement between Novus, Media24 and Mr Lambert Retief, which was entered into on 23 February 2015, has terminated upon Mr Retief?s passing on Wednesday, 25 January 2017. Media24 thereby has the right to terminate the existing contractual printing agreement with Novus on six months? written notice. Novus and Media24 are currently engaged in negotiations around the renewal or extension of the printing agreements and are in the process of finalising new terms.
26-Jan-2017
(Official Notice)
It is with utmost sadness that the board of Novus Holdings informed shareholders that Mr Lambert Retief, Chairman and non-executive director, passed away late on Wednesday evening, 25 January 2017.



As lead independent non-executive director, Mr Fred Robertson assumed the role of interim Chairman following Mr Retief?s medical leave of absence since July 2016. Mr Robertson will continue to fulfil this role until such time as a permanent appointment has been made.
04-Nov-2016
(C)
23-Sep-2016
(Official Notice)
Shareholders are advised that at the Annual General Meeting (?AGM?) of Novus Holdings held today at the Group?s registered office at 10 Freedom Way, Marconi Beam, Montague Gardens in Cape Town, all the resolutions set out in the notice were duly passed by the requisite majority of shareholders.



*Total issued number of ordinary shares: 347 332 454

*Number of ordinary shares that could have been voted at the meeting: 319 545 857

*Total number of ordinary shares represented at the AGM: 283 154 162

*Percentage of ordinary shares represented at the meeting: 81.52%



23-Aug-2016
(Official Notice)
Shareholders are referred to the announcement on Wednesday, 10 August 2016 in which the notice of the annual general meeting scheduled for 12 August 2016 was withdrawn.



Notice is now hereby given that the annual general meeting of Novus Holdings will be held on Friday, 23 September 2016 at 11h00 at the registered office of the Group at 10 Freedom Way, Marconi Beam, Montague Gardens in Cape Town (?new notice?).



Shareholders are advised that certain amendments have been made to the resolutions for the annual general meeting, which are reflected in the new notice and proxy form.



These changes relate to:

- Special Resolution Number 2.2 ? Grant of rights under Share Appreciation Rights (SAR) Scheme, and, specifically, to the SAR Scheme guidelines: The SAR Scheme has an embedded company performance condition, no further company performance conditions are applied and the guidelines in this regard have been amended accordingly;

- Ordinary Resolution Number 3.1 ? Appointment of Keith Anthony Vroon as chief executive officer: His acting appointment has been made permanent from 28 July 2016; and

- Ordinary Resolution Number 3.2 ? Appointment of Edrich Fivaz as chief financial officer: His appointment is effective from 1 September 2016.



Salient dates

The new notice and proxy form have been distributed to shareholders who were recorded as such in the company?s securities register on Friday, 12 August 2016 being the notice record date set by the Board of the company used to determine which shareholders are entitled to receive the notice of the annual general meeting.



The record date on which shareholders of the company must be registered as such in the company?s securities register in order to attend and vote at the annual general meeting is Friday, 16 September 2016 being the voting record date set by the Board of the company.



The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Tuesday, 13 September 2016. Proxy forms must be lodged by no later than 11h00 on Wednesday, 21 September 2016.



Both the new notice and proxy form are available for download on the Group?s website, www.novus.holdings.
10-Aug-2016
(Official Notice)
Shareholders are advised that the annual general meeting (AGM) of Novus Holdings, convened for Friday, 12 August 2016, will now be held at 10h00 on Friday, 23 September 2016 at the registered office of the company at 10 Freedom Way, Marconi Beam, Montague Gardens.



The meeting had to be reconvened because of defective delivery of the notice of the meeting, having regard to the newly promulgated public holiday of 3 August 2016. The notice in terms of which the AGM was convened for 12 August 2016 is accordingly withdrawn.



An amended notice and proxy form in relation to the AGM specifying the new date, time and venue of the AGM and any further matters the Board deems necessary will be distributed to shareholders by Thursday, 1 September 2016. Please note that proxy forms received for the meeting convened for 12 August 2016 will not be valid for the meeting to be held on Friday, 23 September 2016.



The company wishes to apologise to its shareholders for any inconvenience caused.
04-Aug-2016
(Official Notice)
Shareholders are advised that Kilgetty Statutory Services (Pty) Ltd. has been appointed as company secretary by Novus Holdings.



The process to appoint an in-house company secretary is underway and an announcement will be made as soon as this has been finalised.



28-Jul-2016
(Official Notice)
Shareholders are advised that after following an appropriate nomination process, the board of directors (?board?) has approved the appointment of Mr Keith Vroon as CEO effective immediately.



Previously the chief operating officer at Novus Holdings, Mr Vroon has been performing the role of acting CEO since 16 February 2016 and has a history within the Group dating back to 2004 when he joined as CFO.



Shareholders are further advised that Mr Edrich Fivaz has also been appointed as the CFO of the Group effective 1 September 2016.
21-Jul-2016
(Official Notice)
Notice is hereby given that the annual general meeting of Novus Holdings shareholders will be held at the registered office of the group at 10 Freedom Way, Marconi Beam, Montague Gardens on Friday, 12 August 2016 at 10h00 to transact business as stated in the annual general meeting notice.



Both the notice and proxy form are available for download on the group?s website, www.novus.holdings.



Salient dates

The notice of annual general meeting has been sent to shareholders who were recorded as such in the company?s securities register on Friday, 24 June 2016 being the notice record date set by the board of the company used to determine which shareholders are entitled to receive the notice of annual general meeting.



The record date on which shareholders of the company must be registered as such in the company?s securities register in order to attend and vote at the annual general meeting is Friday, 5 August 2016 being the voting record date set by the board of the company.



The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Monday, 1 August 2016. Proxy forms must be lodged by no later than 10h00 on Wednesday, 10 August 2016.



12-Jul-2016
(Official Notice)
Shareholders are advised that Novus Holdings Chairman and non-executive director Mr Lambert Retief will be taking a medical leave of absence for six months with immediate effect. The board wishes Mr Retief and his family well with his recovery. In Mr Retief?s absence lead independent non-executive director Mr Fred Robertson, will take over as Chairman of the board.

30-Jun-2016
(Official Notice)
Shareholders are advised that the Group?s integrated annual report for the year ended 31 March 2016 was dispatched to shareholders today, 30 June 2016. The integrated report will also be available on the Novus Holdings website, www.novus.holdings, under Investor Relations ? Annual Reports. The audited annual financial statements included in the integrated annual report contain no modifications to the published results for the year ended 31 March 2016 which were released on 8 June 2016.



The annual financial statements have been audited by the Group?s auditors, PricewaterhouseCoopers Incorporated. Their unqualified report is available for inspection at the Group's registered office. The annual general meeting of Novus Holdings will commence at 10h00 on Friday, 12 August 2016 at the registered office of the Group at 10 Freedom Way, Marconi Beam, Montague Gardens, to transact business as stated in the notice of annual general meeting. The notice of annual general meeting and proxy form will also be available on our website, www.novus.holdings, by close of business on 21 July 2016.



The Group further advises that Mr Edward van Niekerk has tendered his resignation as chief financial officer (CFO) and executive director of Novus Holdings with effect from 31 August 2016 to pursue other interests. The Board and management team would like to thank Mr van Niekerk for his longstanding service and valuable contributions to the Company for almost ten years and wish him well in his future endeavours. Proceedings to appoint a successor are underway and details will be announced in due course.

08-Jun-2016
(C)
Revenue for the year lowered to R4.175 billion (2015: R4.261 billion). Gross profit increased to R1.260 billion (2015: R1.169 billion), operating profit rose to R648.8 million (2015: R561.5 million), profit attributable to equity holders of the group jumped to R445.8 million (2015: R334.9 million), while headline earnings per share grew by 9.6% to 139.9 cents per share (2015: 127.6 cents per share).



Dividends

The board approved a gross dividend number 2 of 70 cents per share (2015: 64 cents). The source of the dividend is from distributable reserves and paid in cash.



Outlook

Novus continues to build a business foundation capable of generating a stable cash flow year after year. By balancing the allocation of cash flow to our core business, growth investments, and shareholder returns, Novus is well positioned to attain sustained growth in the medium to long term. In line with the Group's growth strategy, Novus is committed to managing operational risks to ensure their ability to leverage off existing assets and projects. In addition, Novus will continue to investigate further opportunities that will position us well for sustainable growth into the future.



Novus will also continue to focus on transformation, equity and the well-being of Novus' employees, and invest in equipment, technology and infrastructure. This will ensure that Novus remains a market leader and retains its market share.
07-Apr-2016
(Official Notice)
Shareholders are advised that Ms Liesl Petersen has given notice of her resignation as company secretary of Novus, effective 30 April 2016. The Group will advise shareholders as soon as a new appointment has been made for the position of company secretary.
25-Feb-2016
(Official Notice)
The board of directors of Novus (?the Board?) hereby notifies its shareholders of the following changes to the Board:

- Mr Uys Meyer has resigned as independent non-executive director effective as of 17 March 2016.

- Mr Christoffel (Christoff) Botha has been appointed as an independent non-executive director of the Group, effective immediately. Christoff, a qualified attorney and chartered accountant, has been involved in the private equity and venture capital industry since 1997. He is co-founder and partner of Treacle Private Equity, established in 2000. He graduated from the University of Pretoria with B.Com (Law) and LLB degrees.



The appointment of Christoff will enhance the independence of the Novus? Board composition and the Board looks forward to his contribution.
16-Feb-2016
(Official Notice)
Novus announced that Stephen van der Walt, chief executive officer (CEO), has decided to step down after 15 years with the group. Stephen?s resignation as CEO and as executive director of Novus Holdings will be effective from 31 March 2016. Keith Vroon, chief operating officer for Novus, has been appointed acting CEO with immediate effect. Stephen will work with Keith to ensure a smooth transition.
14-Dec-2015
(Official Notice)
The Board of Directors of Novus Holdings wishes to advise shareholders that Mr Bradley Meyers has resigned as Company Secretary and Ms Liesl Petersen will be appointed to the post with effect 1 January 2016.



26-Nov-2015
(Official Notice)
Shareholders are advised that the Competition Appeal Court on Wednesday, 25 November 2015 upheld an appeal by Caxton and CTP Publishers and Printers Ltd (?Caxton?) in terms of which Media24 (Pty) Ltd. (?Media24) is required to notify the implementation of the restated management agreement arising as a result of the Novus Holdings listing dated 23 February 2015 as a change of control.



Media24 (Pty) Ltd. announced in February 2015 its intention to list its subsidiary Novus Holdings on the JSE. On 10 March 2015, Caxton lodged an urgent application with the Competition Tribunal which sought to stop the listing. The Tribunal dismissed Caxton?s application on 23 March 2015. Caxton appealed the ruling on the basis that the restated management agreement was notifiable as a large merger.



Media24 and its advisors are assessing the judgment and its implications.
05-Nov-2015
(C)
This will be Novus' maiden interim results. Revenue for the year came in at R2.1 billion, while operating profit was recorded at R352.2 million. Profit attributable to equity holders of the group was R241.7 million. In addition, headline earnings per share was recorded at 75.67cps.



Outlook

Due to the seasonal nature of the Printing and Other Segments revenue, operating profits in the second half of the year will not necessarily be in line with the first six months. It is anticipated that the second half of the year will be subject to significantly more challenging market conditions and it is likely that the gains achieved in the first six months may be partially relinquished in the latter part of the year.



Ongoing priorities include the attraction of higher skill levels in the core and diversified business units to ensure the value-oriented implementation of the strategy. The completion of the investment projects will continue receiving dedicated attention, with demand activation for labels as a priority. The business will continue exploring acquisitive or joint venture opportunities in diversified and related businesses.
07-Aug-2015
(Official Notice)
Shareholders are advised that the Annual General Meeting (AGM) of Novus was held on 7 August 2015 and that all the resolutions set out in the notice were passed by the requisite majority of shareholders.
02-Jul-2015
(Official Notice)
In accordance with Section 3.59 of the Listings Requirements of the JSE and with reference to the announcement of a new Company Secretary made on 11 June 2015, Novus advised shareholders that Mr Gernus Swanepoel will not be joining the Group in the position of Company Secretary that would have taken effect from 1 July 2015. Mr Swanepoel decided to resign from the role due to a sudden change in personal circumstances.



Former Company Secretary Mr Bradley Meyers, who currently holds the position of Group Financial Manager at Novus, will fulfil the role of Company Secretary effective 1 July 2015 until a new appointment is confirmed. Shareholders will be advised as soon as a new appointment has been made for the position of Company Secretary.
29-Jun-2015
(Official Notice)
Shareholders are advised that the integrated annual report for the year ended March 2015 was posted to shareholders today, Monday 29 June 2015. The integrated report will also be available on the Novus Holdings website (www.novus.holdings). The audited annual financial statements included in the integrated report contain no modifications to the published results for the year ended March 2015 which were released on 11 June 2015. The annual financial statements have been audited by the Group?s auditors, PricewaterhouseCoopers Incorporated. Their unqualified report is available for inspection at the Group's registered office.



Notice is hereby given that the Annual General Meeting of shareholders of Novus Holdings will be held at the registered office of the Group at 10 Freedom Way, Marconi Beam, Montague Gardens on Friday 7 August 2015 at 10h00 to transact business as stated in the notice of the Annual General Meeting forming part of the integrated annual report.



The Notice of Annual General Meeting has been sent to shareholders who were recorded as such in the Company?s securities register on Friday, 19 June 2015 being the notice record date set by the Board of the Company used to determine which shareholders are entitled to receive the Notice of Annual General Meeting.



The record date on which shareholders of the Company must be registered as such in the Company?s securities register in order to attend and vote at the Annual General Meeting is Friday, 31 July 2015 being the voting record date set by the Board of the Company. The last day to trade in order to be entitled to vote at the Annual General Meeting will therefore be Friday, 24 July 2015. Proxy forms must be lodged by no later than 10h00 on Wednesday, 5 August 2015.

11-Jun-2015
(C)
This will be Novus' maiden final results. Revenue for the year came in at R4.3 billion, while operating profit was recorded at R561.5 million. Profit attributable to equity holders of the group was R334.9 million. In addition, headline earnings per share was recorded at 127.6cps.



Dividend

The board approved a gross dividend No. 1 of 64 cents per share (2014: nil) for the year ended 31 March 2015.



Outlook

Novus is focused on the strategy outlined in the pre-listing statement and will continue to be cautious and discerning when considering future opportunities.



As a board, we constantly monitor the most important indicators within our sphere of operations. Novus has a strong financial position and significant capacity to raise debt, which will be taken into consideration when appropriate opportunities emerge.
18-May-2015
(Official Notice)
Novus has made its first acquisition post its listing by purchasing full ownership of Cape Town based specialist digital printing house, Digital Print Solutions (?Digital Print?). The new business offering will form part of the print division, Paarl Media. The introduction of the digital print division and this acquisition will position the Group to take advantage of the global digital trend and strengthen its print services offering. Digital Print has strong support, including ?on-demand? book print clients and the founder, Dion Martin, will continue to direct the newly-acquired company?s operations.



The focus is on ensuring Digital Print has every opportunity to deliver on the expected performance which will be recapitalised and the necessary steps to cut costs will be implemented. Digital Print will be moving its operations into the existing Novus Holdings premises in Montague Gardens, Cape Town. For the full press release, please refer to Novus?s company website on [http://novus.holdings/news].
10-Jul-2017
(X)


Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa
Best in 800x600 with IE6 or Mozilla Firefox