22 Aug 2024
Dealing in securities by director
Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000325783
(Naspers or the company)
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: | 20 August 2024 |
| Nature of transaction: | On market disposal of shares |
| Number of shares: | 38,371 Naspers N ordinary shares |
| Class of shares: | N ordinary shares |
| Total value of transaction: | R139,694,425.71 |
| Volume weighted average price per share: |
R3,640.6251 |
| Highest price per share: | R3,649.00 |
| Lowest price per share: | R3,640.00 |
| Nature of transaction: | Mark Sorour exercised 38,371 share options which includes the additional linked share options received at the time of the listing of Prosus N.V.. These share options relate to 28,011 Naspers share options, awarded on 4 September 2014 with a base cost of 1,272.6633 per share and fully vested on 4 September 2019. The additional 10,360 share options were received at nil base cost. These share options are set to expire on 4 September 2024 in terms of the rules of that plan. |
| 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
22 August 2024
JSE sponsor to Naspers
Investec Bank Limited
Enquiries
| Investor Enquiries Eoin Ryan, Head of Investor Relations |
+1 347-210-4305 |
|
Media Enquiries |
+31 6 15494359 |
|
Media Enquiries |
+27 81 431 4855 |
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.