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Director dealings in Securities
Novus Holdings Limited
(Incorporated in the Republic of South Africa)
JSE share code: NVS
ISIN: ZAE000202149
(“Novus Holdings”, “the Company” or “the Group”)
DIRECTOR DEALINGS IN SECURITIES
In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, shareholders are advised
of the following director dealings in securities.
The Novus Holdings Limited Share Appreciation Rights Plan (“SAR Plan”)
In terms of the SAR Plan, certain employees of Novus Holdings may be selected to receive “Share
Appreciation Rights” or “SARs”, being a conditional right to receive shares in Novus on relevant vesting
dates in the future, subject to certain conditions as may be specified in the award notices issued to
participants. In terms of the SAR Plan, participants are required to accept the grant of the SAR within
a period specified in the grant letter.
The Remuneration Committee has resolved to grant awards to executive directors of Novus Holdings
and its major subsidiaries in terms of the Novus Holdings Limited Share Appreciation Rights Plan.
The following executive directors of Novus Holdings and its major subsidiaries have been granted
awards on 29 September 2017 in terms of the SAR Plan.
Director Keith Vroon
Company Novus Holdings Limited
Grant Date 29 September 2017
Acceptance Date 29 September 2017
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 625 023
Grant price R 6.54
Value of the Transaction R 4 087 650.42
Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and
fifth anniversary dates from the date of grant, subject to the
exercise thereof by the participant
Nature of the Interest Direct Beneficial
Clearance obtained Yes
Director Edrich Fivaz
Company Novus Holdings Limited
Grant Date 29 September 2017
Acceptance Date 29 September 2017
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 356 408
Grant price R 6.54
Value of the Transaction R 2 330 908.32
Vesting Period SARs will vest one third (1/3) per annum on the third, fourth
and fifth anniversary dates from the date of grant, subject to
the exercise thereof by the participant
Nature of the Interest Direct Beneficial
Clearance obtained Yes
Director Nicolaas Grobbelaar
Company Paarl Media Holdings (Pty) Ltd
Grant Date 29 September 2017
Acceptance Date 29 September 2017
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 333 764
Grant price R 6.54
Value of the Transaction R 2 182 816.56
Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and
fifth anniversary dates from the date of grant, subject to the
exercise thereof by the participant
Nature of the Interest Direct Beneficial
Clearance obtained Yes
Director Michael Ehret
Company Paarl Media Holdings (Pty) Ltd
Grant Date 29 September 2017
Acceptance Date 29 September 2017
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 297 005
Grant price R 6.54
Value of the Transaction R 1 942 412.70
Vesting Period SARs will vest one third (1/3) per annum on the third, fourth
and fifth anniversary dates from the date of grant, subject to
the exercise thereof by the participant
Nature of the Interest Direct Beneficial
Clearance obtained Yes
Director Peter Metcalfe
Company Paarl Media Holdings (Pty) Ltd
Grant Date 29 September 2017
Acceptance Date 29 September 2017
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 237 130
Grant price R 6.54
Value of the Transaction R 1 550 830.20
Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and
fifth anniversary dates from the date of grant, subject to the
exercise thereof by the participant
Nature of the Interest Direct Beneficial
Clearance obtained Yes
Director Pieter le Roux
Company Paarl Media (Pty) Ltd
Grant Date 29 September 2017
Acceptance Date 29 September 2017
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 177 273
Grant price R 6.54
Value of the Transaction R 1 159 365.42
Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and
fifth anniversary dates from the date of grant, subject to the
exercise thereof by the participant
Nature of the Interest Direct Beneficial
Clearance obtained Yes
Director Craig Wright
Company Paarl Media (Pty) Ltd
Grant Date 29 September 2017
Acceptance Date 29 September 2017
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 159 162
Grant price R 6.54
Value of the Transaction R 1 040 919.48
Vesting Period SARs will vest one third (1/3) per annum on the third, fourth
and fifth anniversary dates from the date of grant, subject to
the exercise thereof by the participant
Nature of the Interest Direct Beneficial
Clearance obtained Yes
Director Conrad Rademeyer
Company Paarl Coldset (Pty) Ltd
Grant Date 29 September 2017
Acceptance Date 29 September 2017
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 599 725
Grant price R 6.54
Value of the Transaction R 3 922 201.50
Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and
fifth anniversary dates from the date of grant, subject to the
exercise thereof by the participant
Nature of the Interest Direct Beneficial
Clearance obtained Yes
Director Ralph Ruthford
Company Paarl Coldset (Pty) Ltd
Grant Date 29 September 2017
Acceptance Date 29 September 2017
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 147 857
Grant price R 6.54
Value of the Transaction R 966 984.78
Vesting Period SARs will vest one third (1/3) per annum on the third, fourth
and fifth anniversary dates from the date of grant, subject to
the exercise thereof by the participant
Nature of the Interest Direct Beneficial
Clearance obtained Yes
The grant prices and value of transactions are based on the closing price of the Novus Holdings shares
on the business day immediately preceding the date of the grant.
Cape Town
5 December 2017
Sponsor: Investec Bank Limited
Date: 05/12/2017 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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