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Director dealings in securities and availability of BEE compliance report
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 AND AVAILABILITY OF BEE COMPLIANCE REPORT
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 20 December 2019 in terms of the SAR Plan.
Director Neil Birch
Company Novus Holdings Limited
Grant Date 20 December 2019
Acceptance Date 20 December 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 1 559 998
Grant price R 2.40
Value of the Transaction R3 743 995.00
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 20 December 2019
Acceptance Date 23 December 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 682 500
Grant price R 2.40
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 20 December 2019
Acceptance Date 23 December 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 247 611
Grant price R 2.40
Value of the Transaction R594 266.00
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 20 December 2019
Acceptance Date 23 December 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 195 000
Grant price R 2.40
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 20 December 2019
Acceptance Date 20 December 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 275 625
Grant price R 2.40
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 20 December 2019
Acceptance Date 21 December 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 375 000
Grant price R 2.40
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 20 December 2019
Acceptance Date 20 December 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 351 000
Grant price R 2.40
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 20 December 2019
Acceptance Date 23 December 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 2.40
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 20 December 2019
Acceptance Date 21 December 2019
Nature of Transaction Off market grant and acceptance of SARs award
Class of Securities Ordinary Shares
Number of Awards 583 082
Grant price R 2.40
Value of the Transaction R1 399 397.00
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
Furthermore shareholders are advised that the Company’s annual compliance report pursuant to
section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act No.53 of 2003,
and in accordance with paragraph 16.21(g) and Appendix 1 to Section 11 of the JSE Limited Listings
Requirements, has been published and is available on the Company’s website at
https://novus.holdings/wp-content/uploads/2019/12/B-BBEE-Compliance-Report-Novus-Holdings-
24-December-2019.pdf
Cape Town
24 December 2019
Sponsor: Investec Bank Limited
Date: 24-12-2019 10:35:00
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