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NASPERS LIMITED - On-market acquisition of Naspers N ordinary shares

Release Date: 29/08/2019 17:30
Code(s): NPN     PDF:  
Wrap Text
On-market acquisition of Naspers N ordinary shares

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”)

On-market acquisition of Naspers N ordinary shares

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

Group share-based incentive plan:    MIH Services FZ LLC Share Trust
Company:                             Naspers Limited
Transaction date:                    27 August 2019
Number of shares:                    3 141 Naspers shares
Class of shares:                     N ordinary
Total value of transaction:          R10 656 891,59

Group share-based incentive plan:    MIH Holdings Share Trust
Company:                             Naspers Limited
Transaction date:                    27 August 2019
Number of shares:                    12 295 Naspers shares
Class of shares:                     N ordinary
Total value of transaction:          R41 714 894,03

Group share-based incentive plan:    Naspers Restricted Stock Plan Trust
Company:                             Naspers Limited
Transaction date:                    27 August 2019
Number of shares:                    1 519 Naspers shares
Class of shares:                     N ordinary
Total value of transaction:          R5 153 714,85

Volume weighted average
price per share:                     R3 392,834
Highest price per share:             R3 399,52
Lowest price per share:              R3 384,25
Nature of transaction:               On market acquisition of Naspers N ordinary
                                     shares to satisfy the MIH Services FZ LLC Share
                                     Trust’s, MIH Holdings Share Trust’s and Naspers
                                     Restricted Stock Plan Trust’s obligation to its
                                     participants for awards made.
Nature of interests:                 Indirect beneficial
Clearances:                          Clearance has been received in terms of
                                     paragraph 3.92 of the JSE Listings Requirements

Cape Town
29 August 2019

Sponsor: Investec Bank Limited

Date: 29/08/2019 05:30:00
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