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NASPERS LIMITED - Dealings and securities

Release Date: 10/03/2016 14:30
Code(s): NPN     PDF:  
Wrap Text
Dealings and securities

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’)

In compliance with Rule 3.92 of the JSE Listings Requirements, the following
information is disclosed:-

Group share-based incentive plan:   Korbitec share appreciation rights plan
                                    (Korbitec ARs plan)

Company:                            Naspers Limited
Transaction date:                   8 March 2016
Nature of transaction:              on market sale
Number of shares:                   1 794 Naspers shares
Class of shares:                    N ordinary
Total value of transaction:         R3 424 387,20
Volume weighted average
price per share:                    R1 908,80
Highest price per share:            R1 908,80
Lowest price per share:             R1 908,80

Nature of transaction:              All participants in the Korbitec ARs plan have
                                    exercised their vested options in the share-based
                                    incentive plan and received Naspers N ordinary
                                    shares in settlement of the gain made on
                                    exercising the options. The Korbitec ARs plan is
                                    now left with 1 794 Naspers N ordinary shares
                                    as unallocated to any participant and therefore
                                    disposed of these shares. All participants had
                                    exited the Korbitec ARs plan.

Nature of interest:                 Direct beneficial

Clearance:                          Clearance has been received in terms of
                                    paragraph 3.92 of the JSE Listings
                                    Requirements

Cape Town
10 March 2016
Sponsor: Investec Bank Limited

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