10 Mar 2016 12:31
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 Rule 3.92 of the JSE Listings Requirements, the following information is disclosed:-
Group share-based incentive plan: Korbitec share appreciation rights plan (Korbitec ARs plan)
Company: Naspers Limited
Transaction date: 8 March 2016
Nature of transaction: on market sale
Number of shares: 1 794 Naspers shares
Class of shares: N ordinary
Total value of transaction: R3 424 387,20
Volume weighted average
price per share: R1 908,80
Highest price per share: R1 908,80
Lowest price per share: R1 908,80
Nature of transaction: All participants in the Korbitec ARs plan have exercised their vested options in the share-based incentive plan and received Naspers N ordinary shares in settlement of the gain made on exercising the options. The Korbitec ARs plan is now left with 1 794 Naspers N ordinary shares as unallocated to any participant and therefore disposed of these shares. All participants had exited the Korbitec ARs plan.
Nature of interest: Direct beneficial
Clearance: Clearance has been received in terms of paragraph 3.92 of the JSE Listings Requirements
Cape Town
10 March 2016
Sponsor: Investec Bank Limited