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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
1.1. 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. Terms defined in the Circular shall, where used in this announcement, bear the same
meaning as ascribed to them in the Circular.
1.2. The purpose of this announcement is to announce further acquisitions of Mustek Shares by
Novus.
2. ACQUISITION OF FURTHER MUSTEK SHARES
2.1. On 26 June 2025, Novus has acquired a further 755,467 Mustek Shares ("Additional Mustek
Shares") for a consideration per Mustek Share in issue for a consideration per Mustek Share
equal to the Share Consideration described in the Circular. Accordingly, Novus issued
1,510,934 treasury shares in Novus for the purposes of acquiring the Additional Mustek
Shares.
2.2. Prior to the acquisition of 26 June 2025, -
2.2.1. Novus held 22,211,785 Mustek Shares, constituting 38.60% of the issued shares
in Mustek; and
2.2.2. Novus, together with its concert parties, held 33,886,304 Mustek Shares,
constituting approximately 58.89% of the issued shares in Mustek.
2.3. Subsequent to the acquisition of 26 June 2025, -
2.3.1. Novus now holds 22 967 252 Mustek Shares, constituting 39.92% of the issued
shares in Mustek; and
2.3.2. Novus, together with its concert parties, now hold 34,641,771 Mustek Shares,
constituting approximately 60.20% 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 Takeover 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
27 June 2025
Sponsor to Novus
PSG Capital
Legal Advisor to Novus
ENS
Date: 27-06-2025 12:17:00
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