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ADR ratio change and distribution

15 Mar 2016 18:03

RNS Number : 2099S
Naspers Limited
15 March 2016
 

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")

 

 

ADR RATIO CHANGE AND DISTRIBUTION

 

The Company is announcing a ratio change on its American Depositary Receipt ("ADR") program from one (1) American Depositary Receipt ("ADR") representing one (1) Class N ordinary share to the new ratio of ten (10) ADRs representing one (1) Class N ordinary share. The ratio change will take effect by way of a 900% ADR distribution (9 additional ADRs for each 1 ADR held) effective 15 March 2016. The number of ADRs in issue on 14 March 2016 was 2 415 932 and after the ratio change effective 15 March 2016, the number of ADRs amounts to 24 159 320.

 

 

Old Description of Listed Security

New Description of Listed Security

AMERICAN DEPOSITARY SHARES (EACH REPRESENTING 1 CLASS N ORDINARY SHARE OF ZAR0.02 EACH); FULLY PAID

 

10 AMERICAN DEPOSITARY SHARES (EACH REPRESENTING 1 CLASS N ORDINARY SHARE OF ZAR0.02 EACH); FULLY PAID

 

 

CAPE TOWN

 

15 March 2016

 

Depositary for the ADR programme:

For additional information, please visit Bank of New York Mellon's website at www.globalbuydirect.com or call Shareholder Relations at 1-888-BNY-ADRS or 1-800-345-1612

 

Company contact:

Meloy Horn

Head of Investor Relations

Naspers

+27 11 289 3320

+27 82 772 7123

Meloy.horn@naspers.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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