18 Jul 2023
Dealing in securities by director
Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000015889
Dealing in securities by director
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed:
Director: Basil Sgourdos
Company: Naspers Limited
Transaction date: 13 July 2023
Nature of transaction: off-market transfer of shares from the director to place them in a family trust
Number of shares: 25 522 Naspers N ordinary shares
Class of shares: N ordinary shares
Total value of transaction: R0
Volume weighted average price per share: R0
Highest price per share: R0
Lowest price per share: R0
Nature of transaction: Basil Sgourdos’s has transferred shares from his own name to a recently established family trust.
Nature of interest: Direct Beneficial to indirect beneficial
Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements
Transaction date: 13 July 2023
Nature of transaction: on-market disposal of shares
Number of shares: 27 300 Naspers N ordinary shares
Class of shares: N ordinary shares
Total value of transaction: R92 060 145,45
Volume weighted average price per share: R3 372,1665
Highest price per share: R3 380,09
Lowest price per share: R3 362
Nature of transaction: Basil Sgourdos exercised a total of 45 995 share options and the linked Prosus N.V. share options. Basil disposed 27 300 shares to cover taxes and took delivery of the remaining 18 695 shares in his recently established family trust.
These share options related to the following awards:
- 22,409 Naspers share options, awarded on 4 September 2014 and fully vested on 4 September 2019. The share options were offered at R1,272.66;
- 6,741 Naspers share options, awarded on 18 September 2015 and fully vested on 18 September 2020. The share options were offered at R1,634.84;
- 1,378 Naspers share options, awarded on 25 September 2015 and fully vested on 25 September 2020. The share options were offered at R1,594.52;
- 9,691 Naspers share options, awarded on 29 August 2016 and fully vested on 29 August 2021. The share options were offered at R2,323.52; and
- 5,776 Naspers share options, awarded on 8 September 2017 and vested on 8 September 2021. The share options were offered at R2,755.72.
Nature of interest: Indirect beneficial
Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements
Cape Town
17 July 2023
JSE sponsor to Naspers
Investec Bank Limited
About Naspers
Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors in the world. Through Prosus, the group operates and invests globally in markets with long-term growth potential, building leading consumer internet companies that empower people and enrich communities. Prosus has its primary listing on Euronext Amsterdam, and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus.
In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies. These include Takealot, Mr D Food, Superbalist, Autotrader, Property24 and PayU, in addition to Media24, South Africa’s leading print and digital media business.
Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ), a secondary listing on the A2X Exchange (NPN.AJ) in South Africa, and has a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the United States of America.
For more information, please visit www.naspers.com.
Naspers Labs
In 2019, Naspers Labs, a youth development programme designed to transform and launch South Africa’s unemployed youth into economic activity, was launched. Naspers Labs focuses on digital skills and training, enabling young people to pursue tech careers.
Response to COVID-19
Naspers contributed R1.5 billion of emergency aid to support the South African government’s response to the COVID-19 pandemic. This contribution consisted of R500 million towards the Solidarity Fund and R1 billion worth of PPE sourced and distributed to South Africa’s front-line healthcare workers. In addition, Naspers contributed R6.9 million to the Nelson Mandela Foundation's EachOne FeedOne programme to support families who COVID-19 has impacted with meals for a year.