NOVUS HOLDINGS LIMITED - Director dealing in Securities

Director dealing in Securities

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.

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 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 an award to the executive chairman of Novus Holdings in
terms of the Novus Holdings Limited Share Appreciation Rights Plan.

The following director of Novus Holdings has been granted an award on 5 December 2017 in terms of the SAR
Plan.

 Director and Executive Chairman        Neil Birch
 Company                                Novus Holdings Limited
 Grant Date                             5 December 2017
 Acceptance Date                        5 December 2017
 Nature of Transaction                  Off market grant and acceptance of SARs award
 Class of Securities                    Ordinary Shares
 Number of Awards                       364 742
 Grant price                            R 6.65
 Value of the Transaction               R 2 425 534.30
 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

The grant price and value of transaction is based on the closing price of the Novus Holdings shares on the
business day immediately preceding the date of the grant.

Cape Town
5 December 2017
Sponsor: Investec Bank Limited

Date: 05/12/2017 05:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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