NOVUS HOLDINGS LIMITED - Initial trading statement and voluntary announcement on the conclusion of an acquisition

Initial trading statement and voluntary announcement on the conclusion of an acquisition

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")

INITIAL TRADING STATEMENT AND VOLUNTARY ANNOUNCEMENT ON THE CONCLUSION OF
AN ACQUISITION

INITIAL TRADING STATEMENT

In accordance with the Listings Requirements of the JSE Limited ("JSE"), companies are required to
publish a trading statement as soon as they become reasonably certain that the financial results for the
period to be reported on will differ by more than 20% from the previous corresponding period.

Accordingly, a review by management of the financial results for the six months ended 30 September
2024 ("Current Period") has indicated that the Group's:

-   basic earnings per share ("EPS") is expected to be between 56.30 cents and 62.62 cents, reflecting
    an increase of between 78.1% and 98.1% compared to the EPS of 31.61 cents reported for the six
    months ended 30 September 2023 ("Previous Period"); and

-   headline earnings per share ("HEPS") is expected to be between 56.48 cents and 62.24 cents,
    reflecting an increase of between 96.3% and 116.3% compared to the HEPS of 28.77 cents
    reported for the Previous Period.

During the reporting period the Group benefited from orders received this reporting period, which were
historically processed in the second half of the year, and from profits from derivative instruments.

The Group's interim results for the Current Period are expected to be released on SENS on or about
21 November 2024.

The financial information on which this announcement is based has not been reviewed or reported on
by the Group's external auditors.

VOLUNTARY ANNOUNCEMENT ON THE CONCLUSION OF AN ACQUISTION

Shareholders are hereby advised that the Group has successfully concluded a transaction with Media24
(Pty) Ltd ("Seller"), in terms of which Novus Holdings has acquired three divisions of the Seller, being:
On the Dot (media supply chain management division), Community Newspapers (local news portfolio)
and Soccer Laduma and Kick Off (football publication division) ("Acquisition"). The conclusion of the
Acquisition was subject to the fulfilment of various suspensive conditions, including obtaining approval
from the Competition Commission, all of which have now been fulfilled.

The purchase consideration for the Acquisition represents c. 1.6% of Novus Holdings' market
capitalisation. Accordingly, the Acquisition falls below the threshold for categorisation in terms of the
JSE Limited Listings Requirements

Cape Town
6 November 2024

Sponsor
PSG Capital

Date: 06-11-2024 12:00:00
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