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NASPERS LIMITED - Dealing in Securities by Director

Release Date: 10/07/2024 17:05
Code(s): NPN     PDF:  
Wrap Text
Dealing in Securities by Director

Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000325783


In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information is disclosed:

Director:                               Basil Sgourdos
Company:                                Naspers Limited
Transaction date:                       8 July 2024
Nature of transaction:                  On market disposal of shares
Number of shares:                       2,480 Naspers N ordinary shares
Class of shares:                        N ordinary shares
Total value of transaction:             R8,742,015.62
Volume weighted average
price per share:                        R3,525.0063
Highest price per share:                R3,525.14
Lowest price per share:                 R3,525.00
Nature of transaction:                  On 21 June 2021, Basil Sgourdos was awarded
                                        16,472 Naspers PSUs at a nil base cost. PSUs
                                        were awarded in FY22, following feedback from
                                        shareholders, to better incentivise long-term
                                        value creation in our underlying internet

                                        These Naspers PSUs vested on 21 June 2024
                                        subject to performance conditions linked to the
                                        performance of the Ecommerce portfolio being
                                        met at 100% of the awarded PSUs, resulting in
                                        the award of 16,472 Naspers PSUs.

                                        Following the vesting, Basil Sgourdos exercised
                                        16,472 Naspers PSUs. He disposed of 2,480
                                        Naspers N ordinary shares to cover taxes and
                                        other related costs on market and took delivery
                                        of the remaining 13,992 Naspers N ordinary
                                        shares into his family trust (indirect beneficial
Nature of interest:                     Direct Beneficial
Clearance:                              Clearance has been received in terms of
                                        paragraph   3.66  of  the  JSE   Listings

Cape Town, South Africa
10 July 2024

JSE sponsor to Naspers
Investec Bank Limited


Investor Enquiries                                                      +1 347-210-4305

Eoin Ryan, Head of Investor Relations

Media Enquiries                                                         +31 6 15494359

Charlie Pemberton, Communications Director

About Naspers

Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology
investors in the world. Through Prosus, the group operates and invests globally in markets with long-term growth potential, building
leading consumer internet companies that empower people and enrich communities. Prosus has its primary listing on Euronext
Amsterdam, and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus.

In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and
ecommerce companies. These include Takealot, Mr D Food, Superbalist, Autotrader, Property24 and PayU, in addition to Media24, South
Africa's leading print and digital media business.

Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ) and a secondary listing on the A2X Exchange (NPN.AJ) in
South Africa and a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the US.

For more information, please visit

Naspers Labs

In 2019, Naspers Labs, a youth development programme designed to transform and launch South Africa's unemployed youth into
economic activity, was launched. Naspers Labs focuses on digital skills and training, enabling young people to pursue tech careers.

Date: 10-07-2024 05:05:00
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