NOVUS HOLDINGS LIMITED - Results of Annual General Meeting Held on 7 August 2015

Results of Annual General Meeting Held on 7 August 2015

Novus Holdings Limited
(Formerly known as Paarl Media Group Proprietary Limited)
(Incorporated in the Republic South Africa)
JSE share code: NVS
ISIN: ZAE000202149
(“Novus Holdings”, “the Company” or “the Group”)


RESULTS OF ANNUAL GENERAL MEETING HELD ON 7 AUGUST 2015


Shareholders are advised that the Annual General Meeting (AGM) of Novus Holdings was held on 7
August 2015 and that all the resolutions set out in the notice were 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:                    293 708 785
Percentage of ordinary shares represented at the meeting                           85%


Details of the results of voting at the AGM are as follows:

 Resolution Proposed                 Votes in Favour          Votes Against           Abstentions

 Ordinary resolution number 1:       293 708 785              -                       -
 Approval of financial statements    100%
 for the year ended 31 March
 2015

 Ordinary resolution number 2:       293 708 785              -                       -
 Re-appointment of auditor –         100%
 PriceWaterhouseCoopers
 (PWC)

 Ordinary resolution number 3:       261 936 646              31 772 139              -
 Election and appointment of         89.18%                   10.82%
 directors in a single vote

 Ordinary resolution number 4:       268 300 444              25 408 341              -
 Confirmation of appointment of      91.35%                   8.65%
 executive directors STM van der
 Walt and E van Niekerk

 Ordinary resolution number 5:       267 071 015              26 637 770              -
 Appointment / Re-appointment        90.93%                   9.07%
 of directors – LP Retief, U Meyer
 and E Weideman

 Ordinary resolution number 6:       277 837 169              15 871 616              -
 Appointment / Re-appointment        94.60%                   5.40%
 of audit and risk committee – BJ
 Olivier, U Meyer and GP
 Dingaan

 Ordinary resolution number 7:       292 643 594              1 065 191               -
 Endorsement of the Novus            99.64%                   0.36%
 Holdings remuneration policy

 Ordinary resolution number 8:       251 575 746              42 133 039              -
 General authority to directors to   85.65%                   14.35%
 allot and issue authorised but
 unissued ordinary shares

 Ordinary resolution number 9:       251 575 746             42 133 039               -
 General authority to issue          85.65%                  14.35%
 ordinary shares for cash

 Ordinary resolution number 10:      293 708 785              -                       -
 Signing powers                      100%

 Special resolution number 1:        288 040 497             5 668 288                -
 Financial assistance for related    98.07%                  1.93%
 and inter-related companies and
 corporations


By order of the board
Cape Town


7 August 2015
Sponsor: Investec Bank Limited

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