Novus slightly increases stake in Mustek, now holds 60.25% with concert parties

Novus Holdings Limited announced additional dealings in Mustek Limited securities, acquiring 1,789 Mustek ordinary shares on December 22, 2025, at R13.00 per share. This on-market transaction, totaling R23,257.00, increases Novus's direct and beneficial interest in Mustek.

Prior to this acquisition, Novus held 22,992,627 Mustek ordinary shares, representing 39.96% of the issued shares. With the latest purchase, Novus's direct holding now stands at 22,994,416 shares, maintaining its 39.96% stake. Including its concert parties, Novus's total holding increased from 34,667,146 to 34,668,935 Mustek shares, approximately 60.25% of the issued share capital.

This announcement follows a firm intention announcement by Novus on November 15, 2024, regarding a mandatory offer to Mustek shareholders.