19 Oct 2023
Notification in terms of section 122(3) of the Companies Act and section 3.83(b) of the JSE listings requirements
In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (“the Act”), and section 3.83(b) of the JSE Listings Requirements, shareholders are advised that the Public Investment Corporation’s (“PIC”) beneficial interests in Naspers now amounts to 21.199% of the total number of N ordinary shares in issue. The PIC notes that the increase in percentage is as a result of the capitalisation issue and consolidation of N ordinary shares implemented by Naspers on 18 September 2023.
Naspers confirms that it has received the required notice from the PIC and will file the required notice with the Takeover Regulation Panel.
The board of directors accepts responsibility for the information contained in this announcement, and to the best of their knowledge and belief, that information is true, and this announcement does not omit anything likely to affect the importance of the information included.
Cape Town, South Africa, 19 October 2023
JSE sponsor to Prosus: Investec Bank Limited
Enquiries
|
Investor Enquiries Eoin Ryan, Head of Investor Relations |
+1 347-210-4305 |
|
Media Enquiries Shamiela Letsoalo, Media RelationsDirector |
+ 27 78 802 6310 |
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.