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Directors dealings
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 in respect of 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 Holdings 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 26 July 2019 in terms of the SAR Plan.
Director Neil William Birch
Company Novus Holdings Limited
Grant Date 26 July 2019
Acceptance Date 26 July 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 936 000
Grant price R 4.00
Value of the Transaction R3 744 000.00
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 Harry Todd
Company Novus Holdings Limited
Grant Date 26 July 2019
Acceptance Date 26 July 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 409 500
Grant price R 4.00
Value of the Transaction R1 638 000.00
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
Alternate Director Keshree Alwar
Company Novus Holdings Limited
Grant Date 26 July 2019
Acceptance Date 26 July 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 148 567
Grant price R 4.00
Value of the Transaction R594 268.00
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
Group Company Secretary Melonie Brink
Company Novus Holdings Limited
Grant Date 26 July 2019
Acceptance Date 26 July 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 117 000
Grant price R 4.00
Value of the Transaction R468 000.00
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 Novus Print (Pty) Ltd
Grant Date 26 July 2019
Acceptance Date 26 July 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 165 375
Grant price R 4.00
Value of the Transaction R661 500.00
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 Paul De Bruin
Company Novus Print (Pty) Ltd
Grant Date 26 July 2019
Acceptance Date 26 July 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 225 000
Grant price R 4.00
Value of the Transaction R900 000.00
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 26 July 2019
Acceptance Date 26 July 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 210 600
Grant price R 4.00
Value of the Transaction R842 400.00
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 Trevor Davies
Company I T B MANUFACTURING (PROPRIETARY) LIMITED
Grant Date 26 July 2019
Acceptance Date 26 July 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 245 700
Grant price R 4.00
Value of the Transaction R982 800 .00
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 26 July 2019
Acceptance Date 26 July 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 349 849
Grant price R 4.00
Value of the Transaction R1 399 396.00
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 Mike Ehret
Company Paarl Media Holdings Pty Ltd
Grant Date 26 July 2019
Acceptance Date 26 July 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 319 306
Grant price R 4.00
Value of the Transaction R1 277 224.00
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
Cape Town
29 July 2019
Sponsor: Investec Bank Limited
Date: 29/07/2019 01:16:00
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