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Announcement by Novus in respect of dealings in securities in accordance with the Companies Regulations
NOVUS HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number 2008/011165/06
JSE share code: NVS
ISIN: ZAE000202149
("Novus" or "Company")
ANNOUNCEMENT BY NOVUS IN RESPECT OF DEALINGS IN SECURITIES IN ACCORDANCE WITH
THE COMPANIES REGULATIONS, 2011, PROMULGATED UNDER THE COMPANIES ACT, NO. 71 OF
2008 ("COMPANIES REGULATIONS").
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION
1. INTRODUCTION
Shareholders of Mustek ("Mustek Shareholders") are referred to the firm intention announcement
released by Novus on SENS on 15 November 2024 and the subsequent announcements regarding
the mandatory offer by Novus to Mustek Shareholders (the "Mandatory Offer"). Mustek Shareholders
are also referred to the combined officer circular outlining details of the Mandatory Offer ("Circular"),
which was distributed on Friday, 30 May 2025.
2. DEALINGS IN SECURITIES
2.1. Mustek Shareholders are hereby advised, in accordance with Regulation 98 of the Companies
Regulations, that Novus has engaged in dealings in the securities of Mustek as set out below.
2.2. Details of the dealings:
Date of transaction: 2 June 2025
Nature of transaction: Acquisition of Mustek ordinary shares on the
open market, outside of the Mandatory Offer
Class of securities: Ordinary shares
Number of Mustek shares acquired: 2,031,438
Price per Mustek share: R13.00 (thirteen Rand)
Total value of transaction: R26 408 694.00
Nature and extent of Novus' interest in the Direct and beneficial
transaction:
2.3. Prior to the acquisition of 2 June 2025, -
2.3.1. Novus held 20 180 347 ordinary shares in Mustek ("Mustek Shares"),
constituting 35.07% of the issued shares in Mustek; and
2.3.2. Novus, together with its concert parties, held 31,854,866 Mustek Shares,
constituting approximately 55.36% of the issued shares in Mustek.
2.4. Subsequent to the acquisition of 2 June 2025, -
2.4.1. Novus now holds 22 211 785 Mustek Shares, constituting 38.60% of the issued
shares in Mustek; and
2.4.2. Novus, together with its concert parties, now hold 33,886,304 Mustek Shares,
constituting approximately 58.89% of the issued share capital in Mustek.
This announcement is made following the filing of Form TRP 98 with the Takeover Regulation Panel,
as required by the Companies Regulations.
3. NOVUS RESPONSIBILITY STATEMENT
Novus, to the extent that the information relates directly to Novus:
3.1. accepts responsibility for the information contained in this announcement;
3.2. confirms that to the best of its knowledge and belief, the information contained in this
announcement is true and correct; and
3.3. confirms that this announcement does not omit anything likely to affect the importance of the
information contained in it.
Cape Town
11 June 2025
Sponsor to Novus
PSG Capital
Legal Advisor to Novus
ENS
Date: 11-06-2025 04:46:00
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