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NPN - Naspers - Directors Dealings

Release Date: 19/03/2010 17:00
Code(s): NPN
Wrap Text

NPN - Naspers - Directors Dealings 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: US6315121003 ("Naspers" or "the company") In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the following information is disclosed:- Director of a major subsidiary: Mr V Sgourdos Transaction date: 17 March 2010 Price at which shares were offered: Closing price on the JSE Limited on 15 March 2010: R304.05 Number of shares: 14 467 Naspers shares Class of shares: N ordinary Nature of transaction: Offer of an option to purchase shares made by the MIH (BVI) Limited employee share incentive scheme to Mr V Sgourdos. The offer of an option to purchase shares was made on 15 March 2010 at a
price of R304.05, being the closing price on the JSE Limited on that day. Vesting dates after which the options may be exercised are: one third on 15
March 2013, one third on 15 March 2014 and the final third on 15 March 2015. The option must be exercised by 15 March 2020, failing which it will lapse. The
offer was accepted on 17 March 2010. Nature of interest: Direct Beneficial Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings
Requirements Cape Town 19 March 2010 Sponsor: Investec Bank Limited Date: 19/03/2010 17:00:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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