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NASPERS LIMITED - Dealings in securities by director of a major subsidiary

Release Date: 27/07/2015 17:30
Code(s): NPN     PDF:  
Wrap Text
Dealings in securities by director of a major subsidiary

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 6315121003
(“Naspers” or “the company”)



DEALINGS IN SECURITIES BY DIRECTOR OF A MAJOR SUBSIDIARY

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


Director of a major subsidiary:       Mr Jim Volkwyn
Transaction date:                     24 July 2015
Price at which shares were offered:   Closing price on the JSE Limited on 24 July 2015:
                                      R1 825,00
Number of shares:                     10 910 Naspers shares
Total deemed value of transaction:    R19 910 750,00
Class of shares:                      N ordinary
Nature of transaction:                Offer of an option to purchase shares made by the
                                      MIH (Mauritius) Limited share incentive scheme to
                                      Mr Volkwyn. The offer was accepted on 24 July
                                      2015. The first third of the options vest on 24 July
                                      2018, the second third vests on 24 July 2019 and the
                                      final third vests on 24 July 2020.
Nature of interest:                   Off-market, Direct Beneficial
Clearance:                            Clearance has been received in terms of paragraph
                                      3.66 of the JSE Listings Requirements



Cape Town
27 July 2015

Sponsor: Investec Bank Limited




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