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Announcement by Novus in respect of dealings in securities in accordance with the Companies Regulations, 2011
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. 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: 5 August 2025
Nature of transaction: Acquisition of Mustek ordinary shares on
market, outside of the Mandatory Offer
Class of securities: Ordinary shares
Number of Mustek shares acquired: 22,355
Price per Mustek share: R13.00 (thirteen Rand)
Total value of transaction: R290,615.00
Nature and extent of Novus' interest in Direct and beneficial
the transaction:
2.3. Prior to the acquisition of 5 August 2025, -
2.3.1. Novus held 22,967,252 ordinary shares in Mustek ("Mustek Shares"),
constituting 39.92% of the issued shares in Mustek; and
2.3.2. Novus, together with its concert parties, held 34,641,771 Mustek Shares,
constituting approximately 60.20% of the issued shares in Mustek.
2.4. Subsequent to the acquisition of 5 August 2025, -
2.4.1. Novus now holds 22,989,607 Mustek Shares, constituting 39.95% of the issued
shares in Mustek; and
2.4.2. Novus, together with its concert parties, now hold 34,664,126 Mustek Shares,
constituting approximately 60.24% 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
5 August 2025
Sponsor to Novus
PSG Capital
Legal Advisor to Novus
ENS
Date: 05-08-2025 12:50:00
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