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Dealing in Securities by Director

Published: 2023-07-17 18:30:29 ET
<<<  go to JSE:NPN company page
Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000015889
(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:                              Basil Sgourdos
Company:                               Naspers Limited
Transaction date:                      13 July 2023
Nature of transaction:                 off-market transfer of shares from the director
                                       to place them in a family trust
Number of shares:                      25 522 Naspers N ordinary shares
Class of shares:                       N ordinary shares
Total value of transaction:            R0
Volume weighted average
price per share:                       R0
Highest price per share:               R0
Lowest price per share:                R0
Nature of transaction:                 Basil Sgourdos’s has transferred shares from his
                                       own name to a recently established family trust.
Nature of interest:                    Direct Beneficial to indirect beneficial
Clearance:                             Clearance has been received in terms of
                                       paragraph     3.66     of    the   JSE   Listings
                                       Requirements


Transaction date:                      13 July 2023
Nature of transaction:                 on-market disposal of shares
Number of shares:                      27 300 Naspers N ordinary shares
Class of shares:                       N ordinary shares
Total value of transaction:            R92 060 145,45
Volume weighted average
price per share:                       R3 372,1665
Highest price per share:               R3 380,09
Lowest price per share:                R3 362
Nature of transaction:                 Basil Sgourdos exercised a total of 45 995 share
                                       options and the linked Prosus N.V. share
                                       options. Basil disposed 27 300 shares to cover
                                       taxes and took delivery of the remaining 18 695
                                       shares in his recently established family trust.

                                       These share options related to the following
                                       awards:
                                        • 22,409 Naspers share options, awarded on
                                           4 September 2014 and fully vested on 4
                                           September 2019. The share options were
                                           offered at R1,272.66;
                                        • 6,741 Naspers share options, awarded on
                                           18 September 2015 and fully vested on 18
                                                                  September 2020. The share options were
                                                                  offered at R1,634.84;
                                                            •     1,378 Naspers share options, awarded on
                                                                  25 September 2015 and fully vested on 25
                                                                  September 2020. The share options were
                                                                  offered at R1,594.52;
                                                            •     9,691 Naspers share options, awarded on
                                                                  29 August 2016 and fully vested on 29
                                                                  August 2021. The share options were
                                                                  offered at R2,323.52; and
                                                            •     5,776 Naspers share options, awarded on 8
                                                                  September 2017 and vested on 8
                                                                  September 2021. The share options were
                                                                  offered at R2,755.72.

Nature of interest:                                        Indirect beneficial
Clearance:                                                 Clearance has been received in terms of
                                                           paragraph    3.66   of the  JSE  Listings
                                                           Requirements



CAPE TOWN
17 July 2023

JSE sponsor to Naspers
Investec Bank Limited

Enquiries

Investor Enquiries                                                      +1 347-210-4305

Eoin Ryan, Head of Investor Relations

Media Enquiries                                                         + 27 78 802 6310

Shamiela Letsoalo, Media Relations Director


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 a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the US.

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.