Offer and Listing of Novus
Novus Holdings Limited
(Formerly known as Paarl Media Group Proprietary Limited)
(Incorporated in the Republic South Africa)
(Registration number 2008/011165/06)
JSE share code: NVS
ISIN: ZAE000202149
(“Novus” or the “Company”)
OFFER AND LISTING OF NOVUS
Reference is made to the Company’s announcement (“Announcement”) published on SENS on Monday, 16 March
2015, detailing an urgent application lodged by Caxton and CTP Publishers and Printers Limited to the Competition
Tribunal (“Application”) that Media24 Proprietary Limited (“Media24”), Novus, Adbait Proprietary Limited and
Lambert Retief "notify the acquisition of sole control by Media24 over Novus as well as an order prohibiting the
implementation of the restated management agreement arising as a result of the Novus listing until such time as the
change of control so brought about by the listing as a result of the implementation of the restated management
agreement has been approved by the Tribunal”.
This matter was heard by the Competition Tribunal on Friday, 20 March 2015. On Monday, 23 March 2015, the
Competition Tribunal dismissed the Application. As such, the Novus listing will go ahead as scheduled. For ease of
reference, the salient dates and times of the offer and listing as disclosed in the Announcement remain as set out
below:
Key action 2015
Last date and time for indications of interest for purposes of book building to be received
up until 12:00 on Wednesday, 25 March
Closing date of the offer at 12:00 on Thursday, 26 March
Successful applicants advised of allocations by Thursday, 26 March
Publication date of the final offer price and final number of offer shares released on SENS
on Thursday, 26 March
Publication date of the final offer price and final number of offer shares published in the
press on Friday, 27 March
Payment date for allocated Novus shares on Monday , 30 March
Listing date on Tuesday, 31 March
Accounts at CSDP or broker updated and credited in respect of dematerialised
shareholders on Tuesday, 31 March
All dates and times referred to above are subject to change and any such change will be released on SENS.
24 March 2015
Johannesburg
Sponsor
Investec Bank Limited
Date: 24/03/2015 10:44:00 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.