Enhanced Investments - Financial Portal

Cautionary announcement

Published: 2025-04-04 18:20:21 ET

MUSTEK LIMITED
Incorporated in the Republic of South Africa
(Registration number 1987/070161/06)
Share Code: MST   ISIN: ZAE000012373
(“Mustek” or “the Company”)

Cautionary announcement

Mustek shareholders (“Shareholders”) are referred to the
SENS announcement released by Mustek on Monday, 31 March
2025 whereby Shareholders were advised of the SENS
announcement by Novus Holdings Limited (“Novus”), released
on Friday, 28 March 2025, regarding the Takeover Regulation
Panel’s (“TRP”) withdrawal of its approval of Novus’ firm
intention announcement and direction to Novus to issue a
revised firm intention announcement within 20 business
days.

Novus has informed Mustek that on 1 April 2025 Novus filed
an urgent application in the High Court to set aside the
TRP’s ruling on the grounds that it is unlawful and
unconstitutional. The proposed date for the matter to be
heard is Tuesday, 22 April 2025.

The application, which is a public document at the High
Court of South Africa, Gauteng Division, Johannesburg, has
been published on the High Court's Court Online system
under case number 2025-044750.

Accordingly, Shareholders are advised to exercise caution
when dealing in the Company’s securities until a further
announcement is made.

Responsibility Statement:

The Independent Board of Mustek (the “Board”) accepts
responsibility for the information contained in this
announcement as it relates to Mustek. To the best of the
Board’s knowledge and belief, the information contained in
this announcement is true and nothing has been omitted
which is likely to affect the importance of the
information.

Midrand
4 April 2025

Sponsor: Deloitte & Touche Sponsor Services Proprietary
Limited

Legal Advisor: Webber Wentzel

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.