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NASPERS LIMITED - Directors Dealings

Release Date: 24/03/2015 17:00
Code(s): NPN     PDF:  
Wrap Text
Directors Dealings

NASPERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
Share code: NPN ISIN: ZAE000015889
LSE ADS code: NPSN ISIN: US 6315121003
(‘Naspers’ or ‘the company’)


DIRECTORS DEALINGS

In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements, the following
information is disclosed:-

Director:                              Mr M R Sorour
Company:                               Naspers Limited
Transaction date:                      20 March 2015
Nature of transaction:                 on market sale of securities
Number of shares:                      5 217 Naspers shares
Class of shares:                       N ordinary
Total value of sale:                   R9 416 685,00
Average price per share:               R1 805,00
Highest price per share:               R1 805,00
Lowest price per share:                R1 805,00
Nature of transaction:                 Mr Sorour exercised options in a group share-based
                                       incentive plan that would have expired in terms of
                                       the rules of that plan after the tenth anniversary of
                                       the award, which is 28 June 2015. Mr Sorour
                                       received 13 351 Naspers N ordinary shares in
                                       settlement of the gain made on exercising the
                                       options. Mr Sorour retained the remaining 8 134
                                       Naspers N ordinary shares.
Nature of interest:                    Direct beneficial
Clearance:                             Clearance has been received in terms of paragraph
                                       3.66 of the JSE Listings Requirements


Cape Town
24 March 2015

Sponsor: Investec Bank Limited

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