27
September
2022
|
13:41
Europe/Amsterdam

Naspers dividend announcement

Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000015889

Naspers dividend announcement

Following shareholder approval at the annual general meeting and after giving effect to the cross-holding agreement, 660.2344 cents (2021: 661,63154 cents) per listed N ordinary share and 132.0469 cents (2021: 132,32631 cents) per unlisted A ordinary share will be payable to eligible Naspers shareholders as dividends.

Dividends will be payable to shareholders recorded in the register on Friday, 7 October 2022, and paid on Monday, 10 October 2022.

The last date to trade cum and be eligible for the dividend will be on Tuesday, 4 October 2022 (shares trade ex-dividend from Wednesday, 5 October 2022). Shares may not be dematerialised or rematerialised between Wednesday, 5 October 2022, and Friday, 7 October 2022, both dates inclusive.

The dividend will be declared from Naspers’ income reserves. It will be subject to the dividend tax rate of 20%, yielding, to those shareholders not exempt from paying dividend tax, a net dividend of 528.18752 cents per listed N ordinary share and 105.63752 cents per unlisted A ordinary share. Dividend tax will be 132.04688 cents per listed N ordinary share and 26.40938 cents per unlisted A ordinary share. The issued ordinary share capital at 27 September 2022 was 435 511 058 N ordinary shares and 961 193 A ordinary shares. In terms of the cross-holding agreement between Prosus N.V. and Naspers, the dividend will be payable to the free float N ordinary shareholders only (211,746,227 N ordinary shares). The company’s income tax reference number is 9550138714.

Cape Town, South Africa, 27 September 2022

JSE sponsor: Investec Bank Limited

Boilerplate

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) and a secondary listing on the A2X Exchange (NPN.AJ) in South Africa and has an ADR listing on the London Stock Exchange (LSE: NPSN). 

For more information, please visit www.naspers.com

Naspers Foundry 

Naspers is also focused on stimulating South Africa’s local tech sector through Naspers Foundry. This is a R1.4 billion investment vehicle that invests in early-stage technology companies that seek to address big societal needs. 

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. 

Naspers for Good 

Naspers employees is equally committed to giving back. Naspers for Good is a corporate philanthropy fund administered by a committee of employees in South Africa. Through the fund, Naspers forms partnerships with organisations that have a proven track record of delivering solutions for the most pressing challenges affecting our communities. Email [email protected] for more information. 

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.