31 Aug 2016 16:30
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")
DEALINGS IN SECURITIES
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the following information is disclosed:-
Executive director: Mr Mark Sorour
Transaction date: 29 August 2016
On/off market: Off market
Price at which shares were offered: Closing price on the JSE Limited on 29 August 2016 : R2 431,64
Number of shares: 7 787 Naspers shares
Value: R18 935 180,68
Class of shares: N ordinary
Nature of transaction: Offer of an option to purchase shares made by the MIH Holdings employee share incentive scheme to Mr Mark Sorour. The offer of an option to purchase shares was made at market value on 29 August 2016 at R2 431,64, being the closing price on the JSE Limited on that day. The offer was accepted on 30 August 2016. The first third of the options vest on 29 August 2019, the second third vests on 29 August 2020 and the final third vests on 29 August 2021.
Nature of interest: Direct Beneficial
Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements
Executive Director: Mr Basil Sgourdos
Transaction date: 29 August 2016
On/off market: Off market
Price at which shares were offered: Closing price on the JSE Limited on 29 August 2016 : R2 431,64
Number of shares: 9 691 Naspers shares
Value: R23 565 023,24
Class of shares: N ordinary
Nature of transaction: Offer of an option to purchase shares made by the MIH (Mauritius) employee share incentive scheme to Mr Basil Sgourdos. The offer of an option to purchase shares was made at market value on 29 August 2016 at R2 431,64, being the closing price on the JSE Limited on that day. The offer was accepted on 30 August 2016. The first third of the options vest on 29 August 2019, the second third vests on 29 August 2020 and the final third vests on 29 August 2021.
Nature of interest: Direct Beneficial
Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements
Executive director of a major
subsidiary: Mr Imtiaz Patel
Transaction date: 29 August 2016
On/off market: Off market
Price at which shares were offered: Closing price on the JSE Limited on 29 August 2016 : R2 431,64
Number of shares: 5 814 Naspers shares
Value: R14 137 554,96
Class of shares: N ordinary
Nature of transaction: Offer of an option to purchase shares made by the MIH Holdings employee share incentive scheme to Mr Imtiaz Patel. The offer of an option to purchase shares was made at market value on 29 August 2016 at R2 431,64, being the closing price on the JSE Limited on that day. The offer was accepted on 30 August 2016. The first third of the options vest on 29 August 2019, the second third vests on 29 August 2020 and the final third vests on 29 August 2021.
Nature of interest: Direct Beneficial
Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements
Company secretary: Mrs Gillian Kisbey-Green
Transaction date: 29 August 2016
On/off market: Off market
Price at which shares were offered: Closing price on the JSE Limited on 29 August 2016 : R2 431,64
Number of shares: 4 652 Naspers shares
Value: R11 311 989,28
Class of shares: N ordinary
Nature of transaction: Offer of an option to purchase shares made by the Naspers Limited employee share incentive scheme to Mrs Gillian Kisbey-Green. The offer of an option to purchase shares was made at market value on 29 August 2016 at R2 431,64, being the closing price on the JSE Limited on that day. The offer was accepted on 30 August 2016. The first third of the options vest on 29 August 2019, the second third vests on 29 August 2020 and the final third vests on 29 August 2021.
Nature of interest: Direct Beneficial
Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements
Director of a major
subsidiary: Mr J J Volkwyn
Major subsidiary: MultiChoice South Africa Holdings (Proprietary)
Limited
Transaction date: 29 August 2016
Nature of transaction: on market sale
Number of shares: 21 000 Naspers shares
Class of shares: N ordinary
Total value of transaction: R50 925 000,00
Volume weighted average
price per share: R2 425,00
Highest price per share: R2 425,00
Lowest price per share: R2 425,00
Date of vesting in the group
share-based incentive plan: MIH Holdings Share Trust: 2 809 shares on 12 March 2011 and 18 191 shares on 12 March 2012.
Nature of transaction: Sale of vested shares held in the MIH Holdings Share Incentive Trust by Mr Volkwyn.
Nature of interest: Direct, Beneficial
Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements
Cape Town
31 August 2016
Sponsor: Investec Bank Limited