Try our mobile app

Update on Repurchase Programme

Published: 2023-10-31 18:05:26 ET
<<<  go to JSE:PRX company page
                                              Prosus N.V.
                                   (Incorporated in the Netherlands)
                           (Legal Entity Identifier: 635400Z5LQ5F9OLVT688)
                          AEX and JSE Share Code: PRX ISIN: NL0013654783
                                                 (Prosus)

                               UPDATE ON REPURCHASE PROGRAMME

Prosus today announces an update to the open-ended, repurchase programme in respect of the
ordinary shares N in the capital of Prosus ("Prosus Shares") and N ordinary shares in the share
capital of Naspers ("Naspers Shares"), from the respective Prosus and Naspers (together the
“Group”) free-float shareholders (together the “Repurchase Programme”) announced on
27 June 2022.

As part of the Repurchase Programme, for the period between 23 October 2023 and 27 October
2023, Prosus repurchased 4,646,244 Prosus Shares at an average price of €26.1922 per share
for a total consideration of €121,695,171 (US$128,849,849).

More information on the Repurchase Programme is available on:
www.prosus.com/news/investors-shareholder-information/.

Amsterdam, the Netherlands
31 October 2023

JSE sponsor to Prosus
Investec Bank Limited

Enquiries

Investor Enquiries                                        +1 347-210-4305

Eoin Ryan, Head of Investor Relations

Media Enquiries                                           +31 6 15494359

Charlie Pemberton, Communications Director


About Prosus

Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and
investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that
empower people and enrich communities.

The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech,
and education technology sectors in markets including India and Brazil. Through its ventures team, Prosus invests in
areas including health, logistics, blockchain, and social commerce. Prosus actively seeks new opportunities to partner
with exceptional entrepreneurs using technology to improve people’s everyday lives.

Every day, billions of customers use the products and services of companies that Prosus has invested in, acquired or
built, including 99minutos, Airmeet, Aruna, AutoTrader, Autovit.ro, Azos, BandLab, Bibit, Bilt, Biome Makers, Borneo,
Brainly, BUX, BYJU'S, Bykea, Captain Fresh, Codecademy, Collective Benefits, Creditas, DappRadar, DeHaat, Detect
Technologies, dott, EduMe, ElasticRun, eMAG, Endowus, Eruditus, EVERY, Facily, Fashinza, Flink, Foodics, Good Glamm
Group, GoodHabitz, GoStudent, Honor, iFood, Imovirtual, Klar, Kovi, LazyPay, letgo, Mensa Brands, Meesho, merXu,
Movile, Oda, OLX, Otodom, OTOMOTO, Oxford Ionics, PaySense, PayU, Pharmeasy, Platzi, Property24, Quick Ride, Red
Dot Payment, Republic, Sharebite, Shipper, ShopUp, SoloLearn, Stack Overflow, Standvirtual, Superside, Swiggy, Thndr,
Tonik, Ula, Urban Company, Virgio, Vegrow, watchTowr, and Wayflyer.

Hundreds of millions of people have made the platforms of Prosus’s associates a part of their daily lives. For listed
companies where we have an interest, please see: Tencent, Delivery Hero, Remitly, Trip.com, Udemy, Skillsoft, and
SimilarWeb.

Today, Prosus companies and associates help improve the lives of more than two billion people around the world.

                                                                                                                    1
Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and secondary listings on the Johannesburg Stock
Exchange (XJSE:PRX) and a2X Markets (PRX.AJ). Prosus is majority-owned by Naspers.

For more information, please visit www.prosus.com.

Disclaimer

The Repurchase Programme is being conducted in accordance with Articles 5(1) and 5(3) of Regulation (EU) No 596/2014
of the European Parliament and of the Council of 16 April 2014 on market abuse (“Market Abuse Regulation”) and
Articles 2 to 4 of Commission Delegated Regulation (EU) 2016/1052 supplementing the Market Abuse Regulation with
regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation
measures (the “Delegated Regulation”). This document is issued in connection with the disclosure and reporting
obligation set out in Article 2(1) of the Delegated Regulation.

This document contains information that qualifies as inside information within the meaning of Article 7(1) of the Market
Abuse Regulation.

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any
jurisdiction.

The information contained in this announcement may contain forward-looking statements, estimates and projections.
Forward-looking statements involve all matters that are not historical and may be identified by the words “anticipate”,
”believe”, ”estimate”, ”expect”, ”intend”, ”may”, ”should”, ”will”, ”would” and similar expressions or their negatives, but
the absence of these words does not necessarily mean that a statement is not forward-looking. These statements reflect
Prosus’s intentions, beliefs or current expectations, involve elements of subjective judgement and analysis and are based
upon the best judgement of Prosus as of the date of this announcement, but could prove to be wrong. These statements
are subject to change without notice and are based on a number of assumptions and entail known and unknown risks
and uncertainties. Therefore, you should not rely on these forward-looking statements as a prediction of actual results.

Any forward-looking statements are made only as of the date of this announcement and neither Prosus nor any other
person gives any undertaking, or is under any obligation, to update these forward-looking statements for events or
circumstances that occur subsequent to the date of this announcement or to update or keep current any of the
information contained herein, any changes in assumptions or changes in factors affecting these statements and this
announcement is not a representation by Prosus or any other person that they will do so, except to the extent required
by law.