28 Jun 2023
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:
Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000015889
(Naspers)
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: | Mark Sorour |
| Company: | Naspers Limited |
| Transaction date: | 27 June 2023 |
| Nature of transaction: | On-market disposal of shares |
| Number of shares: | 19,900 Naspers N ordinary shares |
| Class of shares: | N ordinary shares |
| Total value of transaction: | R65,081,163.90 |
| Volume weighted average price per share: | R3,270.4103 |
| Highest price per share: | R3,290 |
| Lowest price per share: | R3,265 |
| Nature of transaction: | Mark Sorour exercised 37 479 share options and the additional linked share options received at the time of the listing of Prosus N.V.. The share options relate to 27,360 Naspers N ordinary share options, awarded on 11 July 2013 with a base cost of R661.88 per share and vested on 11 July 2017 and 11 July 2018. The additional 10,119 share options were received at nil base cost at the time of listing Prosus N.V.. These share options are set to expire on 11 July 2023 in terms of the rules of that plan. Mark Sorour disposed of 19,900 of the shares and took delivery of the remining 17,579 shares in his own name. |
| Nature of interest: | Direct Beneficial |
| Clearance: | Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements |
Cape Town, South Africa, 27 June 2023
JSE sponsor to Prosus: 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.