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NASPERS LIMITED - Dealings in securities by director

Release Date: 14/07/2016 17:00
Code(s): NPN     PDF:  
Wrap Text
Dealings in securities by director

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’)


DEALINGS IN SECURITIES BY DIRECTOR

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

Director:                           Mr S J Z Pacak
Company:                            Naspers Limited
Transaction date:                   12 July 2016
Nature of transaction:              on market sale of securities
Number of shares:                   24 000 Naspers shares
Class of shares:                    N ordinary
Total value of transaction:         R52 800 000,00
Volume weighted average
price per share:                    R2 200,00
Highest price per share:            R2 200,00
Lowest price per share:             R2 200,00
Date of vesting in the group
share-based incentive plan:         A portion of an offer of Naspers N ordinary
                                    shares made on 29 March 2007 at market value
                                    on the date of the offer of R175,00 per share,
                                    which vested on 29 March 2010 in the MIH
                                    (Mauritius) Limited Share Trust (the Trust)
Nature of transaction:              Sale of a portion of the shares that vested on 29
                                    March 2010 held in the Trust for Mr Pacak.
Nature of interest:                 Direct Beneficial
Clearance:                          Clearance has been received in terms of
                                    paragraph 3.66 of the JSE Listings
                                    Requirements

Cape Town
14 July 2016
Sponsor: Investec Bank Limited

Date: 14/07/2016 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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