MUSTEK LIMITED - Order granted by the High Court following the TRP's ruling and withdrawal of cautionary announcement

Order granted by the High Court following the TRP's ruling and withdrawal of cautionary announcement

MUSTEK LIMITED
Incorporated in the Republic of South Africa
(Registration number 1987/070161/06)
Share Code: MST   ISIN: ZAE000012373
("Mustek" or "the Company")

ORDER GRANTED BY THE HIGH COURT OF SOUTH AFRICA FOLLOWING
THE TAKEOVER REGULATION PANEL'S ("TRP") RULING AND
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

Mustek shareholders ("Shareholders") are referred to the
cautionary announcement by Mustek released on SENS on
Friday, 4 April 2025 ("the cautionary announcement") and
the SENS announcement by Novus Holdings Limited ("Novus"),
released on Tuesday, 29 April 2025, in which Shareholders
were informed that an Order was granted by the High Court
on 26 April 2025 declaring the TRP ruling unlawful,
unconstitutional and set aside.

The court order is accessible on the High Court's Court
Online system under case number 2025-044750.

Accordingly, Shareholders are advised that as the contents
referred to in the cautionary announcement have ceased to
have an effect on Mustek, caution is no longer required to
be exercised by Shareholders when dealing in their
securities.

The parties will be engaging with the TRP to publish the
joint circular to Shareholders as soon as possible.

Responsibility Statement:

The Independent Board of Mustek (the "Board") accepts
responsibility for the information contained in this
announcement as it relates to Mustek. To the best of the
Board's knowledge and belief, the information contained in
this announcement is true and nothing has been omitted
which is likely to affect the importance of the
information.

Midrand
29 April 2025

Sponsor: Deloitte & Touche Sponsor Services Proprietary
Limited

Legal Advisor: Webber Wentzel

Date: 29-04-2025 05:10:00
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.