24
June
2021
|
17:50
Europe/Amsterdam

Naspers JSE listings requirements rule 3.92 disclosure

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” or “the company”)

In compliance with rule 3.92 of the JSE listings requirements, the following information is disclosed:

Group share-based incentive plan:  Naspers Restricted Stock Plan Trust
Company:                                          Naspers Limited
Transaction date:                              22 June 2021
Number of shares:                            36 939 Naspers shares
Class of shares:                                 N ordinary
Total value of transaction:                R110 014 249.04
Volume weighted average
Price per share:                                R2 978.27
Highest price per share:                   R3 008.18
Lowest price per share:                    R2 895.01
Nature of transaction:                      On market acquisition of Naspers N ordinary shares
                                                          to satisfy the Naspers Restricted Stock Plan Trust’s
                                                          obligation toward its participants for awards made.

Group share-based incentive plan: MIH Internet Holdings B.V. Share Trust
Company:                                         Naspers Limited
Transaction date:                             22 June 2021
Number of shares:                           74 842 Naspers shares
Class of shares:                                N ordinary
Total value of transaction:               R222 899 548.62
Volume weighted average
Price per share:                               R2 978.27
Highest price per share:                  R3 008.18
Lowest price per share:                   R2 895.01
Nature of transaction:                     On market acquisition of Naspers N ordinary shares
                                                         to satisfy the MIH Internet Holdings B.V. Share Trust’s
                                                         obligation toward its participants for awards made.

Group share-based incentive plan: MIH Holdings Share Trust
Company:                                        Naspers Limited
Transaction date:                             22 June 2021
Number of shares:                           66 244 Naspers shares
Class of shares:                                N ordinary
Total value of transaction:               R197 292 398.64
Volume weighted average
Price per share:                               R2 978.27
Highest price per share:                  R3 008.18
Lowest price per share:                   R2 895.01
Nature of transaction:                     On market acquisition of Naspers N ordinary shares
                                                         to satisfy the MIH Holdings Share Trust’s
                                                         obligation toward its participants for awards made.

Nature of interests: Indirect beneficial
Clearances: Clearance has been received in terms of paragraph 3.92 of the JSE Listings Requirements

Cape Town, 24 June 2021
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 e-commerce companies in the country. These include Takealot, Mr D Food, Superbalist, OLX, Autotrader, Property24 and PayU, in addition to Media24, South Africa’s leading print and digital media business.

Naspers is also focused on stimulating South Africa’s local tech sector through Naspers Foundry. This is a R1.4 billion investment targeting early-stage technology companies in South Africa that seek to address big societal needs. To help address youth unemployment in impoverished communities, in 2019, Naspers launched Naspers Labs, a social impact programme for young, unemployed South Africans aged between 17 and 25. Located in low income, urban settings, Naspers Labs provide a structured development journey enabling young people to enter the economy.

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.

About Naspers Foundry: 

Naspers Foundry is an early-stage business funding initiative focused on technology entrepreneurs in South Africa. Over the past year, Naspers Foundry invested R30 million in SweepSouth, an online home and business cleaning services platform that connects clients with trusted, reliable cleaners. Visit SweepSouth for more information.

After year-end, in May 2020, Naspers Foundry invested a further R100 million in Aerobotics, an agritech company that provides tree crop health and yield intelligence data to the agricultural industry using drone and satellite-enabled AI technology. Visit Aerobotics for more information.

In September 2020, Naspers Foundry closed a transaction in Food Supply Network on undisclosed terms. The independent B2B marketplace integrates ordering systems of manufacturers, distributors, and buyers (restaurants, hotels and retailers) of food products. Visit Food Supply Network for more information.

In November 2020, Naspers Foundry invested R45 million in The Student Hub, an edtech company that increases access to vocational education to large numbers of students whilst reducing the costs of delivery of education and training. Visit The Student Hub for more information.

Visit Naspers Foundry for more information.

About Naspers Labs:

Naspers Labs is the group’s flagship social impact programme designed to transform and launch South Africa’s unemployed youth into economic activity. Currently, in its pilot phase, Naspers has invested R69 million in Naspers Labs and has set up four labs.

To date, over 2,000 young people have completed the Naspers Labs programme and 956 employment placements have been made. As a result of Covid-19, Naspers Labs is expanding its offering to train youth in Cyber Security, Software Development and Cloud Computing, through remote learning.

Visit www.nasperslabs.org for more information.

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.

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