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PROSUS N.V - Changes to Directors' interests

Release Date: 08/07/2020 17:30
Code(s): PRX     PDF:  
Wrap Text
Changes to Directors' interests

PROSUS N.V.
(previously Myriad International Holdings N.V)
(Incorporated in the Netherlands)
(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)
ISIN: NL0013654783
Euronext Amsterdam and JSE Share code: PRX
("Prosus" or the "Company")



CHANGES TO DIRECTORS' INTERESTS

Today, Basil Sgourdos will notify the Stichting Autoriteit Financiële Markten (AFM) about the
following changes to the shares and voting rights held by him. He exercised 6 667 Naspers
Limited N ordinary share options, originally offered to and accepted by Basil Sgourdos in
September 2010, and consequently also received 6 667 Prosus N.V. shares linked to the
Naspers Limited N ordinary share options. Basil had a defined period in which to exercise the
Naspers share options (to which Prosus shares were linked), failing which they would lapse. The
expiry date is 8 September 2020. Basil decided to dispose of the Prosus shares he received. The
sale was executed on 6 July 2020. The full net gain after tax on disposal of these shares will be
reinvested back into the group in the form of Prosus N.V. bonds, which he will buy on the open
market.


       N Ordinary Shares

       Director                  Number of shares sold     Number      of     votes Value per share
                                                           applicable to the sale

       Basil Sgourdos                              6 667                     6 667            EUR83.866


      For additional information in relation to the AFM disclosures, please see the AFM's registers on the
      AFM's website (https://www.afm.nl/en/professionals/registers/meldingenregisters).

Amsterdam, the Netherlands

8 July 2020

JSE sponsor to Prosus:
Investec Bank Limited

DISCLAIMER
The release, publication or distribution of this announcement in jurisdictions other than the Netherlands
and South Africa may be restricted by law and therefore persons into whose possession this
announcement comes, should inform themselves about, and observe, any applicable restrictions or
requirements. Any failure to comply with such restrictions may constitute a violation of the securities
laws of any such jurisdiction. To the fullest extent permitted by applicable law, the Company disclaims
any responsibility or liability for the violation of such requirements by any person. Notices for prospective
investors located in, or resident of, certain jurisdictions are set out in the Prospectus. The Prosus N
Ordinary Shares have not been, and will not be, registered under the U.S. Securities Act of 1933, as
amended, (the U.S. Securities Act) or the securities laws of any state of the United States.

This announcement does not constitute an offer or form part of any offer or invitation to purchase,
subscribe for, sell or issue, or a solicitation of any offer to purchase, subscribe for, sell or issue, any
securities including Shares (whether pursuant to this announcement or otherwise) in any jurisdiction,
including an offer to the public or section of the public in any jurisdiction.

This announcement includes forward-looking statements, which are based on current expectations and
projections about future events. Forward-looking statements may and often do differ materially from
actual results. Any forward-looking statements reflect the Company's current view with respect to future
events and are subject to risks relating to future events and other risks, uncertainties and assumptions.
The Company expressly disclaims any obligation or undertaking to update, review or revise any forward
looking statement contained in this announcement whether as a result of new information, future
developments or otherwise. You are cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date they are made.

Each Financial Adviser, the Euronext Listing and Paying Agent and the JSE Sponsor is acting exclusively
for Naspers and/or Prosus and no one else in connection with the Transaction. None of them will regard
any other person (whether or not a recipient of this announcement, the Prospectus and/or the Abridged
Pre-listing Statement) as their respective client in relation to the Transaction and will not be responsible
to anyone other than the Company and/or Naspers for providing the protections afforded to their
respective clients or for giving advice in relation to, respectively, the Transaction or any transaction or
arrangement referred to herein.

Date: 08-07-2020 05:30:00
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