The Board of Novus Holdings Limited has decided to declare Final cash dividend of 50 cents per ordinary share with a scrip dividend alternative (2020: NIL). In order to balance the cash flow requirements of the business and provide maximum flexibility to shareholders, a scrip dividend alternative will be offered to shareholders, subject to the Company obtaining the requisite regulatory and shareholder approvals. The number of shares issued under the scrip dividend alternative will be limited to 31 million ordinary shares. To the extent that there is an excess election of the scrip dividend alternative, shareholders will receive a pro-rata share of the scrip dividend with the balance of the dividend to be settled in cash. A circular setting out the terms and salient dates of the cash dividend and scrip dividend alternative will be published separately in due course.