7 May 2019 07:00
Naspers Limited(Incorporated in the Republic of South Africa)(Registration number: 1925/001431/06)Share code: NPNISIN: ZAE000015889LSE ADS code: NPSN ISIN: US 6315121003("Naspers" or the "Company")
APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR
Ms Manisha Girotra (49) will be appointed as an independent non-executive director of Naspers after the listing of Naspers's subsidiary, NewCo on the Euronext Amsterdam Exchange (with a secondary listing on the JSE), which, as announced on 25 March 2019, is expected to be implemented no earlier than H2 2019. NewCo (name of company still to be determined) will comprise all Naspers's internet interests outside of South Africa. She will also serve on the board of NewCo, post its listing, and as a member of the Naspers and NewCo audit committees.
Ms Girotra is the chief executive officer of Moelis India. She has more than 25 years of investment banking experience, with extensive cross-border M&A expertise across a broad range of industries. Prior to joining Moelis & Company, Ms Girotra was CEO and Country Head of UBS in India managing its investment bank, commercial bank, markets, equity research and wealth management divisions. Previously, she was Head: North India of Barclays Bank. She began her investment banking career at ANZ Grindlays in London.
Ms Girotra holds a BA (Hons) degree in Economics from St. Stephen's College in Delhi, India, and received a gold medal for her master's degree from the Delhi School of Economics. She currently serves on the boards of Ashok Leyland, Jio Payments Bank and KEC International.
CAPE TOWN
6 May 2019
Sponsor: Investec Bank Limited
For more information contact:
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About Naspers
Naspers is a global consumer internet group and one of the largest technology investors in the world. Operating and investing in countries and markets across the world with long-term growth potential, Naspers builds leading companies that empower people and enrich communities. The group operates and partners a number of leading internet businesses across the Americas, Africa, Central and Eastern Europe, and Asia in sectors including online classifieds, food delivery, payments, travel, education, health, and social and internet platforms.
Every day, millions of people use the products and services of companies that Naspers has invested in, acquired or built, including Avito, Brainly, BYJU'S, Codecademy, eMAG, Honor, ibibo, iFood, letgo, Media24, Movile, OLX, PayU, SimilarWeb, Swiggy, Takealot, and Udemy.
Similarly, hundreds of millions of people have made the platforms of its associates a part of their daily lives: Tencent (www.tencent.com; SEHK 00700), Mail.ru (www.corp.mail.ru; LSE: MAIL), MakeMyTrip Limited (www.makemytrip.com; NASDAQ:MMYT) and DeliveryHero (www.deliveryhero.com; Xetra: DHER).
Today, Naspers companies and associates help improve the lives of around a fifth of the world's population. Naspers actively searches for new opportunities to partner exceptional entrepreneurs who are using technology to address big societal needs.
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 has an ADR listing on the London Stock Exchange (LSE: NPSN).
For more information, please visit www.naspers.com