Please ignore the previous post and action this replacement

This post, which will appear in both the NDCAG website and the Sharemax Investors/Nova Debenture Creditors Facebook page, is for the specific attention of those Debenture Holders who have registered online with NDCAG

It is necessary for us to reconcile 11 January meeting proxies which members may have already, or will still give to Herman Lombaard/Roger Johnson (same to be emailed to Herma at <mailto:[email protected]> [email protected]) with the member list in our registration archive

Therefore, we request any NDCAG member who will give their proxy as above, to please clearly mark same with a bold NDCAG (but, if a member has already sent a proxy to Herman, no further action need be taken)

See the attached example of a completed proxy form that we posted previously but now with the addition of said bold NDCAG

Thank you all for your assistance in this regard

Attention Debenture Holders who are registered with NDCAG

This post, which will appear in both the NDCAG website and the Sharemax Investors/Nova Debenture Creditors Facebook page, is for the specific attention of those Debenture Holders who have registered online with NDCAG

It is necessary for us to reconcile 11 January meeting proxies which members may have already, or will still give to Herman Lombaard/Roger Johnson (same to be emailed to Herma at [email protected] <mailto:[email protected]> ) with the member list in our registration archive

Therefore, we request any NDCAG member who will give their proxy as above, to please clearly mark same with a bold NDCAG (but, if a member has already sent a proxy to Herman, no further action need be taken)

See the attached example of a completed proxy form that we posted previously but now with the addition of said bold NDCAG

Thank you all for your assistance in this regard

Example for completion of a proxy form
_________________________________________________________________

Reference: A A60063

Nova Property Group Investments Proprietary Limited
Attention: The Company Secretary
105 Club Avenue
Waterkloof Heights NDCAG
Pretoria

Email: <mailto:[email protected]> [email protected]

I/We,____John Joseph Jackson________________________________________________

Debenture holder’s reference number or identity number

___ID: 5501011234567 Ref: A A60063_____________________________________

being a debenture holder of Nova Property Group Investments Proprietary Limited in relation to the Growth Plan companies, do hereby appoint

1. _Herman Lombaard_______________________________________; or failing him / her

2. _Roger Johnson_______________________________________________.

as my proxy to attend and/or vote on my behalf, should I/we be entitled to vote, at the meeting of debenture holders of Nova Property Group Investments Proprietary Limited which will be held at The Capital Menlyn Maine, 194 Bancor Avenue, Menlyn, Pretoria, on Tuesday 11 January 2022 at 16:00am, including any adjournment thereof.

Signed on this ________ day of ___________________ 2021/2022.

________________________
Signature of Debenture holder


What if a Debenture Holder has not received an email about the January 11 meeting, from Nova?

In the event that a Debenture Holder has not received an email or emails, from Nova, such persons should send an email to [email protected] <mailto:[email protected]> to advise them of the fact

In the email, full names, address of record, ID#, contact #, email address and the Debenture Certificate numbers of the certificates that are held should be provided

The Nova Admin will send out the appropriate number of emails, ie; one for each of the four categories (The Villas Company, the Zambezi Company, The Growth Plans and the Income Plans

It is expected (but not guaranteed) that, should any of the detail provided not match with their records, Nova would address the email sender and subsequently update their records

Recipients should ensure that they receive as many emails as the Plans in which they invested

The Villas Company covers both Villa 1 & 2

The Zambezi Company covers Zambezi Mall

The Income Plans are the malls

The Growth Plans are the residential developments

Any questions in this connection can be posed via the Comments functionality in our Facebook page

Request to temporarily address queries to our Facebook page rather than to [email protected]

We are aware that many emails sent to our ema [email protected] <mailto:[email protected]> during the course of the year have remained unanswered. We apologise for this

As we get back into the swing of things, it will be easier for us to respond to queries online in the Facebook page and we request that members please use this channel for the time being

Members who have previously sent in emails that remain unanswered and who still require a response, are requested to please re-post their questions in the Facebook page and we should respond same day as we deal with what comes up in the received Notifications for the page

The page can be found via Google by searching for Sharemax Investors (and the NDCAG page will come up in the search results) or type in all of Sharemax Investors/Nova Debenture Creditors

Nova has published its 2021 Financial Statements today

Nova published their 2021 financial statements today. Ten months late per Company Act requirements and one of the reasons why they were served with a 2nd Compliance Notice by CIPC in November

We will be watching for analysis and opinion on the state of the company and deemed solvency or insolvency and will post for information

Here is the link:
<novapropertygroup.co.za/index.php/financial-statements/?fbclid=IwAR 3IRZn8C7k2Wo-CrNDV035fvTvJi7t_nQRRD2sPZUE5Xajm3hP0zbUSo3s> novapropertygroup.co.za/ind…/financial-statements/

Recent Moneyweb posts on Nova Property Group

Below are the links to the most recent Moneyweb posts on Sharemax/Nova

15 December: Nova Debenture Holders stand up to the Sharemax Rescue Vehicle
www.moneyweb.co.za/in-depth/investigations/nova-debenture-holders-st and-up-to-the-sharemax-rescue-vehicle/

13 December: Moneyweb-radio: Nova betaal nie die voormalige Sharemax beleggers binne die 10 jaar tydperk terug nie
www.moneyweb.co.za/moneyweb-radio/nova-betaal-nie-die-voormalige-sha remax-beleggers-binne-die-10-jaar-tydperk-terug-nie/

10 December: Sharemax rescue vehicle makes a u-turn on payments to investors
www.moneyweb.co.za/in-depth/investigations/sharemax-rescue-vehicle-m akes-a-u-turn-on-payments-to-investors/

24 November: CIPC concerned about Nova’s ability to repay debenture holders
www.moneyweb.co.za/in-depth/investigations/cipc-concerned-about-nova s-ability-to-repay-debenture-holders/

17 November: Sharemax rescue vehicle faces CIPC shutdown
www.moneyweb.co.za/in-depth/investigations/sharemax-rescue-vehicle-f aces-cipc-shutdown/

25 October: How former Sharemax investors saved Connie Myburgh
www.moneyweb.co.za/in-depth/investigations/how-former-sharemax-inves tors-saved-connie-myburgh/

No airtime on RSG’s Geldsake this evening

We’ve received word that there was too much on the “story board” at Geldsake tonight and although Herman was on standby, there was just not enough time to get to Sharemax/Nova. We’ll keep you posted as to when tonight’s planned discussion will air

RSG Geldsake this evening

We’ve just received word that there was too much on the “story board” at Geldsake tonight and although Herman was on standby, there was just not enough time to get to Sharemax/Nova. We’ll keep you posted as to when tonight’s planned discussion will air

Herman Lombaard will be speaking on RSG’s Geldsake again this evening

Herman Lombaard will be on air on RSG’s Geldsake with Ryk van Niekerk again this evening. Herman will be giving some background information on the issues surrounding the resignation of the former Trustee (Mr Derek Cohen) and the company’s failure to appoint a replacement within the time frame set down in the Trust Deed. He will also speak on the company’s nominated candidate and why we reject this person and on the candidate whom we have nominated and why we have done so. There might also be content on why we have said to Nova that they have, through their failure to appoint the new trustee at the right time (per their obligations set out in the Trust Deed), they have forgone their right to nominate a candidate and convene a meeting to vote on approval of that person

 

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No content in this website implies, states or should be construed as, an undertaking, commitment or guarantee by NDCAG to obtain repayment of amounts invested by anyone, in the former Sharemax property syndication products and which investments are now in the form of Nova Debentures issued in terms of the November, 2011 Schemes of Arrangement