12 Jul 2012 14:15
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")
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the following information is disclosed:-
Director of a major subsidiary: Mr Basil Sgourdos
Transaction date: 11 July 2012
Price at which shares were offered: Closing price on the JSE Limited on 2 July 2012: R436,83
Number of shares: 33 370 Naspers shares
Class of shares: N ordinary
Nature of transaction: Offer of an option to purchase Naspers shares made by the MIH (BVI) Limited employee share incentive scheme to Mr Sgourdos. The offer of an option to purchase shares was made on 2 July 2012 at R436,83, being the closing price on the JSE Limited on that day. The offer was accepted on 11 July 2012. The first third of the options vest on 2 July 2015, the second third vests on 2 July 2016 and the final third vests on 2 July 2017.
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: 11 July 2012
Price at which shares were offered: Closing price on the JSE Limited on 2 July 2012: R436,83
Number of shares: 11 123 Naspers shares
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 Kisbey-Green. The offer of an option to purchase shares was made on 2 July 2012 at R436,83, being the closing price on the JSE Limited on that day. The offer was accepted on 11 July 2012. The first third of the options vest on 2 July 2015, the second third vests on 2 July 2016 and the final third vests on 2 July 2017.
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 FLN Letele
Major subsidiary: MultiChoice South Africa Holdings (Proprietary)
Limited
Transaction date: 10 July 2012
Nature of transaction: on market purchase of securities
Number of shares: 636 Naspers shares
Class of shares: N ordinary
Total value of transaction: R283 179,00
Average price per share: R445,25
Highest price per share: R445,25
Lowest price per share: R445,25
Date of vesting in the group
share-based incentive plan: 28 June 2012
Nature of transaction: Mr Letele exercised share appreciation rights in a group share-based incentive plan and received 636 Naspers N ordinary shares in settlement of the gain.
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 M I Patel
Major subsidiary: MultiChoice South Africa Holdings (Proprietary)
Limited
Transaction date: 10 July 2012
Nature of transaction: on market sale
Number of shares: 7 178 Naspers shares
Class of shares: N ordinary
Total value of transaction: R3 194 497,12
Average price per share: R445,04
Highest price per share: R445,04
Lowest price per share: R445,04
Date of vesting in the group
share-based incentive plan: MIH (BVI) Limited Share Trust: 7 178 shares on 10 July 2012
Nature of transaction: Sale of vested shares held in the MIH (BVI) Limited Share Incentive Trust by Mr Patel.
Nature of interest: Beneficial
Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements
Director of a major
subsidiary: Mr M I Patel
Major subsidiary: MultiChoice South Africa Holdings (Proprietary)
Limited
Transaction date: 10 July 2012
Nature of transaction: on market purchase of securities
Number of shares: 673 Naspers shares
Class of shares: N ordinary
Total value of transaction: R299 653,25
Average price per share: R445,25
Highest price per share: R445,25
Lowest price per share: R445,25
Date of vesting in the group
share-based incentive plan: 28 June 2012
Nature of transaction: Mr Patel exercised share appreciation rights in a group share-based incentive plan and received 673 Naspers N ordinary shares in settlement of the gain.
Nature of interest: Direct beneficial
Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements
Cape Town
12 July 2012
Sponsor: Investec Bank Limited