Our title sponsor, The Paarl Media Group, has announced its intention to list on the Johannesburg Stock Exchange under the new name of Novus Holdings.
Chief Executive Officer, Stephen Van Der Walt, says the listing is a step as part of the Group’s strategy to unlock its growth potential and diversify into manufacturing and technology that is related to its current core business of print.
For the OMX Pro Team this change manifests itself only in the name of the team which will now be Novus OMX Pro Team, a change which the UCI have agreed to. The support and sponsorship from Novus Holdings is unchanged and we will continue to work, as before, in a close partnership with the company.
We wish Novus Holdings the very best as they move their company forward, and we look forward to a fruitful relationship in the coming years.