Dealings in securities
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: US6315122092
(“Naspers” or “the company”)
DEALINGS IN SECURITIES
In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements,
the following information is disclosed:-
Executive Director: Bob van Dijk
Transaction date: 15 July 2021
On/off market: Off market
Price at which share options
were offered: Closing price on the JSE Limited on 13
July 2021: R2 819.37
Number of shares: 9 264 Naspers N ordinary share options
Value: R10 843 929 (approximately US$742 056).
Value is determined as being fair value of the
award on grant date determined in
accordance with International Financial
Reporting Standards 2 – Share-based
Payment, and as disclosed in the
remuneration report included in the
company’s 31 March 2021 integrated annual
report.
Class of shares: N ordinary
Nature of transaction: Offer of an option to purchase shares made by
the MIH Internet Holdings B.V. employee
share incentive scheme to Bob van Dijk. The
offer of an option to purchase shares was
made at market value on 13 July 2021 at
R2 819.37, being the closing price on the JSE
Limited on that day. The offer was accepted
on 15 July 2021. The first quarter of the
options vest on 13 July 2022, the second
quarter vests on 13 July 2023, the third
quarter vests on 13 July 2024 and the final
quarter vests on 13 July 2025.
Price at which PSUs were offered: R0
Number of shares: 27 796 Naspers performance stock units
Grant value: R84 501 139 (approximately US$5 936 445).
Class of shares: N ordinary
Nature of transaction: Offer of performance share units (PSUs) by
the Naspers Restricted Stock Plan Trust to
Bob van Dijk. The offer of PSUs was made on
21 June 2021. Vesting of PSUs, and the exact
quantum thereof, is subject to the
achievement of performance conditions set
out in the remuneration report included in the
integrated annual report on page 116. The
offer was accepted on 15 July 2021. The
options are expected to vest on or about
21 June 2024.
Nature of interest: Direct Beneficial
Clearance: Clearance has been received in terms of
paragraph 3.66 of the JSE Listings
Requirements.
Executive Director: Basil Sgourdos
Transaction date: 15 July 2021
On/off market: Off market
Price at which share options
were offered: Closing price on the JSE Limited on 13 July
2021: R2 819.37
Number of shares: 5 489 Naspers N ordinary share options
Value: R6 425 944 (approximately US$439 731)
Value is determined as being fair value of the
award on grant date determined in
accordance with International Financial
Reporting Standards 2 – Share-based
Payment, and as disclosed in the
remuneration report of the company’s
31 March 2021 integrated annual report.
Class of shares: N ordinary
Nature of transaction: Offer of an option to purchase shares made by
the MIH Internet Holdings B.V. employee
share incentive scheme to Basil Sgourdos.
The offer of an option to purchase shares was
made at market value on 13 July 2021 at
R2 819.37, being the closing price on the JSE
Limited on that day. The offer was accepted
on 15 July 2021. The first quarter of the
options vest on 13 July 2022, the second
quarter vests on 13 July 2023, the third
quarter vests on 13 July 2024 and the final
quarter vests on 13 July 2025.
Price at which PSUs were offered: R0
Number of shares: 16 472 Naspers performance stock units
Grant value: R50 074 061 (approximately US$3 517 845)
Class of shares: N ordinary
Nature of transaction: Offer of performance share units (PSUs) by
the Naspers Restricted Stock Plan Trust to
Basil Sgourdos. The offer of PSUs was made
on 21 June 2021. Vesting of PSUs, and the
exact quantum thereof, is subject to the
achievement of performance conditions set
out in the remuneration report included in the
integrated annual report on page 116. The
offer was accepted on 15 July 2021. The
options are expected to vest on or about
21 June 2024.
Nature of interest: Direct Beneficial
Clearance: Clearance has been received in terms of
paragraph 3.66 of the JSE Listings
Requirements
Company secretary: Lynelle Bagwandeen
Transaction date: 15 July 2021
On/off market: Off market
Price at which share options
were offered: Closing price on the JSE Limited on 13 July
2021: R2 819.37
Number of shares: 1 248 Naspers N ordinary share options
Value: R1 461 336 (approximately US$100 000)
Value is determined as being fair value of the
award on grant date determined in
accordance with International Financial
Reporting Standards 2 – Share-based
Payment.
Class of shares: N ordinary
Nature of transaction: Offer of an option to purchase shares made by
the MIH Holdings employee share incentive
scheme to Lynelle Bagwandeen. The offer of
an option to purchase shares was made at
market value on 13 July 2021 at R2 819.37,
being the closing price on the JSE Limited on
that day. The offer was accepted on 15 July
2021. The first quarter of the options vest on
13 July 2022, the second quarter vests on 13
July 2023, the third quarter vests on 13 July
2024 and the final quarter vests on 13 July
2025.
Nature of interest: Direct Beneficial
Clearance: Clearance has been received in terms of
paragraph 3.66 of the JSE Listings
Requirements.
Company secretary
of a major subsidiary: Gillian Kisbey-Green
Transaction date: 16 July 2021
On/off market: Off market
Price at which share options
were offered: Closing price on the JSE Limited on 13 July
2021: R2 819.37
Number of shares: 2 809 Naspers N ordinary share options
Value: R3 288 007.00 (approximately US$ 225 000)
Value is determined as being fair value of the
award on grant date determined in
accordance with International Financial
Reporting Standards 2 – Share-based
Payment.
Class of shares: N ordinary
Nature of transaction: Offer of an option to purchase shares made by
the MIH Internet Holdings B.V. employee
share incentive scheme to Gillian Kisbey-
Green. The offer of an option to purchase
shares was made at market value on 13 July
2021 at R2 819.37, being the closing price on
the JSE Limited on that day. The offer was
accepted on 16 July 2021. The first quarter of
the options vest on 13 July 2022, the second
quarter vests on 13 July 2023, the third
quarter vests on 13 July 2024 and the final
quarter vests on 13 July 2025.
Nature of interest: Direct Beneficial
Clearance: Clearance has been received in terms of
paragraph 3.66 of the JSE Listings
Requirements.
Cape Town
16 July 2021
Sponsor: Investec Bank Limited
Date: 16-07-2021 05:50:00
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