01 Feb 2022
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
LSE ADS code: NPSN ISIN: US 6315122092
(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: | V Sgourdos |
| Company: | Naspers Limited |
| Transaction date: | 31 January 2022 |
| Nature of transaction: | on-market sale of shares |
| Number of shares | 11 124 Naspers N ordinary shares |
| Class of shares: | N ordinary shares |
| Total value of transaction: | R 26 872 330.01 |
| Volume weighted average price per share: | R2 415.70748 |
| Highest price per share: | R2 430.00 |
| Lowest price per share: | R2 400.00 |
Nature of transaction:
The trades relate to an offer of 33 370 Naspers N ordinary share options made and accepted on 2 July 2012 in the MIH Internet Holdings B.V. Share Trust at an award price of R328.71 per share and associated Prosus ordinary share N share options which arose following the listing of Prosus N.V. with an expiry date of 2 July 2022. Basil has exercised the final tranche of 11 124 Naspers and Prosus options on 31 January 2022 and decided to dispose of the Naspers N ordinary shares he received (executed on 31 January 2022) and to retain the Prosus ordinary shares N. The full net gain after tax on disposal of these shares will be reinvested back into the group in the form of Prosus N.V. ordinary shares N which he will buy on the open market.
Nature of interest:
Direct Beneficial
Clearance:
Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements
Cape Town, 1 February 2022
Sponsor: 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.