NOVUS HOLDINGS LIMITED - Disposal of Letting Enterprise - Registration of Transfer and Effective Date
Disposal of Letting Enterprise - Registration of Transfer and Effective Date
Novus Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2008/011165/06)
JSE share code: NVS ISIN: ZAE000202149
(“Novus Holdings” or “the Group”)
DISPOSAL OF LETTING ENTERPRISE – REGISTRATION OF TRANSFER AND EFFECTIVE DATE
Shareholders are referred to the announcements released on SENS on 2 February 2023, 5 April 2023
and 18 May 2023 (and using the terms defined therein unless otherwise stated) wherein shareholders
were advised that the Group’s wholly-owned subsidiary, Novus Print, had entered into a Sale
Agreement with Micasa for the disposal of the Novus Print Letting Enterprise for a cash purchase
consideration of R125 000 000 (“Consideration”) (“Disposal”).
Shareholders are hereby advised that the registration of transfer of the Properties in the name of the
Purchaser has taken place on 11 September 2023 (“Transfer Date”) and accordingly, the Consideration
is expected to be paid by the Purchaser on 12 September 2023.
The Effective Date of the Disposal is the Transfer Date.
Cape Town
12 September 2023
Sponsor
Merchantec Capital
Date: 12-09-2023 03:55:00
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