NASPERS LIMITED - NPN : Dealings in securities by a Director
NPN : Dealings in securities by a 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')
Dealing in securities by a Director
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements,the following information is disclosed:-
Director: Mr Mark Sorour
Company: Naspers Limited
Transaction date: 19 September 2019
Nature of transaction: on market sale of securities
Class of shares: 9 237 N ordinary
Total value of transaction: R22 327 861.14
Volume weighted average
price per share: R2 417.22
Highest price per share: R2 417.22
Lowest price per share: R2 417.22
Date of vesting in the group
share-based incentive plan: Share appreciation rights vested in the MIH China/MIH TC
2008 share appreciation rights plan. The two tranches
relating to this exercise vested as follows: the first tranche
of 8 000 appreciation rights vested on 17 January 2018 and
the second tranche of 8 000 appreciation rights vested on
17 January 2019.
Mark Sorour had a defined period in which to exercise the
share appreciation rights, failing which they would lapse.
Nature of transaction: Mark Sorour exercised share appreciation rights in the MIH
China/MIH TC 2008 share appreciation rights plan (vesting
on dates as per above) and received 9 237 Naspers N
ordinary shares in settlement of the gain. He then sold the
9 237 Naspers N ordinary shares.
Nature of interest: Direct Beneficial
Clearance: Clearance has been received in terms of paragraph 3.66 of
the JSE Listings Requirements
Cape Town
20 September 2019
Sponsor: Investec Bank Limited
Date: 20/09/2019 05:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
