NVS Director Dealings Neutral

NOVUS HOLDINGS LIMITED - Announcement by Novus in respect of dealings in securities in accordance with the Companies Regulations, 2011

Novus Holdings Limited
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What this filing means

Novus bought 440 Mustek ordinary shares on market across two tiny trades — 40 shares at R14.91 on 30 June and 400 at R14.90 on 1 July, totalling R6,556.40. The acquisitions happened outside the Mandatory Offer and left both Novus's direct stake and the concert-party holding exactly where they were, at 50.44% and 70.73%. This is a Form TRP 98 compliance notice: a regulator's paperwork step, not a vote of strategic confidence.

Bear case

  • Filing is a bare Reg 98 compliance notice with no operational, financial, or synergy data for either Novus or Mustek — investors are told nothing about earnings, debt, or cash conversion.

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Category
Director Dealings
Published
Jul 3, 2026

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