24 Mar 2015 15:00
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')
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the following information is disclosed:-
Director: Mr M R Sorour
Company: Naspers Limited
Transaction date: 20 March 2015
Nature of transaction: on market sale of securities
Number of shares: 5 217 Naspers shares
Class of shares: N ordinary
Total value of sale: R9 416 685,00
Average price per share: R1 805,00
Highest price per share: R1 805,00
Lowest price per share: R1 805,00
Nature of transaction: Mr Sorour exercised options in a group share-based incentive plan that would have expired in terms of the rules of that plan after the tenth anniversary of the award, which is 28 June 2015. Mr Sorour received 13 351 Naspers N ordinary shares in settlement of the gain made on exercising the options. Mr Sorour retained the remaining 8 134 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
24 March 2015
Sponsor: Investec Bank Limited