Novus Holdings Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Andre van der Veen

Chief executive officer

R3.6m

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	1.3yrs
Board average tenure	2.4yrs

Recent management updates

Recent updates

CEO

Andre van der Veen

less than a year

Tenure

R3,600,000

Compensation

Mr. Andre van der Veen serves as Chief Executive Officer of Novus Holdings Limited from November 14, 2023. He joined the Novus Holdings Limited on May 17, 2021. He was Executive Chairman of Novus Holdings...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andre van der Veen	CEO & Director	less than a year	R3.60m	no data
Craig Wright	CFO & Executive Director	1.3yrs	R3.86m	no data
Keshree Alwar	CEO of Maskew Miller Learning Proprietary Limited & Executive Director	1.3yrs	R3.63m	0.013% € 15.6k
Kim Adams	Group Finance Manager & Alternate Director	no data	R2.30m	no data
Ralph Ruthford	Group Executive of Human Resources	6.8yrs	no data	no data
Trevor Davies	Executive Head of ITB	3.6yrs	no data	no data

1.3yrs

Average Tenure

Experienced Management: N09's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Andre van der Veen	CEO & Director	3.5yrs	R3.60m	no data
Craig Wright	CFO & Executive Director	1.3yrs	R3.86m	no data
Keshree Alwar	CEO of Maskew Miller Learning Proprietary Limited & Executive Director	3.2yrs	R3.63m	0.013% € 15.6k
Kim Adams	Group Finance Manager & Alternate Director	1.3yrs	R2.30m	no data
Elizabeth Botha	Independent Non-Executive Director	less than a year	R33.00k	no data
Abduraghman Mayman	Independent Non-Executive Director	4.7yrs	R355.00k	no data
Marang Mashologu	Non-Independent & Non-Executive Director	1.6yrs	R176.00k	no data
Adrian Zetler	Non-Independent Non-Executive Chairman	3.3yrs	R552.00k	0.000050% € 58.4
Hellen Mtanga	Lead Independent Director	7.3yrs	R311.00k	no data
Kim Julies	Alternate Director	1.3yrs	no data	no data

2.4yrs

Average Tenure

52yo

Average Age

Experienced Board: N09's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Novus Holdings Management

Management criteria checks 1/4

Key information

Recent management updates

Novus Holdings Limited, Annual General Meeting, Aug 23, 2024

Novus Holdings Limited Announces Board Changes

Novus Holdings Limited Announces Appointment of Elizabeth Botha as an Independent Non-Executive Director, Effective 18 March 2024

Novus Holdings Limited Appoints Adrian Zetler as Chairman of the Board

High number of new directors

Novus Holdings Limited Announces Appointment of Kim Julies as Alternate Director, Effective 31 August 2023

Recent updates

Novus Holdings Limited (JSE:NVS) proposed to acquire an additional 44.64% stake in Mustek Limited (JSE:MST) for approximately ZAR 370 million.

Novus Holdings Limited (JSE:NVS) proposed to acquire an additional 44.64% stake in Mustek Limited (JSE:MST) for approximately ZAR 370 million.

Novus Holdings Limited to Report First Half, 2025 Results on Nov 21, 2024

Novus Holdings Limited, Annual General Meeting, Aug 23, 2024

Upcoming dividend of R0.50 per share

Full year 2024 earnings released: EPS: R0.76 (vs R0.19 in FY 2023)

Novus Holdings Limited Provides Earnings Guidance for the Year Ended March 31, 2024

Novus Holdings Limited to Report Fiscal Year 2024 Results on Jun 14, 2024

New minor risk - Financial data availability

Novus Holdings Limited Announces Board Changes

Novus Holdings Limited Announces Appointment of Elizabeth Botha as an Independent Non-Executive Director, Effective 18 March 2024

Upcoming dividend of R0.50 per share

New major risk - Share price stability

Novus Holdings Limited Announces the Declaration of Special Cash Dividend, Payable on 19 February 2024

Standard Bank Group Limited (JSE:SBK) acquired additional unknown minority stake in Novus Holdings Limited (JSE:NVS).

First half 2024 earnings released: EPS: R0.32 (vs R0.026 in 1H 2023)

Novus Holdings Limited Appoints Adrian Zetler as Chairman of the Board

Novus Holdings Limited to Report First Half, 2024 Results on Nov 15, 2023

Novus Holdings Limited Provides Earnings Guidance for the Year Ended 31 March 2023

High number of new directors

Novus Holdings Limited Announces Appointment of Kim Julies as Alternate Director, Effective 31 August 2023

New minor risk - Share price stability

Novus Holdings Limited Appoints Craig Wright as Executive Director, Effective 1 August 2023

Novus Holdings Limited, Annual General Meeting, Aug 25, 2023

Novus Holdings Limited, Annual General Meeting, Aug 25, 2023

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: R0.19 (vs R0.30 in FY 2022)

Now 23% undervalued after recent price drop

Now 25% undervalued after recent price drop

Novus Holdings Limited Announces Changes to the Chief Executive Officer

First half 2023 earnings released: EPS: R0.026 (vs R0.085 in 1H 2022)

Now 22% undervalued

Novus Holdings Limited to Report First Half, 2023 Results on Nov 17, 2022

Novus Holdings Limited (JSE:NVS) agreed to acquire a 75% stake in Pearson Holdings Southern Africa (Pty) Ltd from Pearson plc (LSE:PSON) for £53 million.

Novus Holdings Limited, Annual General Meeting, Aug 26, 2022

Full year 2022 earnings released: EPS: R0.30 (vs R0.083 loss in FY 2021)

High number of new directors

Novus Holdings Limited to Report Fiscal Year 2022 Results on Jun 17, 2022

High number of new directors

Upcoming dividend of R0.40 per share

Novus Holdings Limited Announces Special Dividend, Payable on 28 February 2022

High number of new directors

An Unknown buyer acquired unknown stake in Novus Holdings Limited (JSE:NVS) from Ninety One SA Proprietary Limited.

High number of new directors

High number of new directors

Independent Non-Executive Director Sandile Donald Zungu has left the company

Upcoming dividend of R0.50 per share

Independent Non-Executive Director Dennis Mack has left the company

Peresec Prime Brokers (Pty) Ltd acquired additional 11.2% stake in Novus Holdings Limited (JSE:NVS) from Prudential Portfolio Managers (South Africa) (Pty) Limited.

Full year 2021 earnings released: R0.083 loss per share (vs R1.20 loss in FY 2020)

Full year 2021 earnings released: R0.083 loss per share (vs R1.20 loss in FY 2020)

Novus Holdings Limited Announces Changes in Company Secretary

Novus Holdings Limited to Report First Half, 2021 Results on Nov 12, 2020

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age