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Change in status of director

26 Feb 2018 11:00

RNS Number : 8965F
Naspers Limited
26 February 2018
 

 

 

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 6315122092

("Naspers" or "the company")

 

 

CHANGE IN STATUS OF DIRECTOR

 

 

Mark Sorour executive director and group chief investment officer of Naspers, has decided to retire after more than 20 years with the group. Mark has been at the forefront of all the group's expansion efforts and has led some of the most meaningful transactions for Naspers.

 

Mark will remain on the board as a non-executive director. His appointment will be presented for approval by shareholders at the next annual general meeting. He will also continue to serve as a non-executive director on the Mail.ru Group Limited board.

 

The board thanks Mark for his valuable contribution and looks forward to his insights as a non-executive director.

 

CAPE TOWN

26 February 2018

Sponsor: Investec Bank Limited

 

 

About Naspers:

Founded in 1915, Naspers is a global internet and entertainment group and one of the largest technology

investors in the world. Operating in more than 120 countries and markets with long-term growth potential, Naspers builds leading companies that empower people and enrich communities. It runs some of the world´s leading platforms in internet, video entertainment, and media.

 

Naspers companies connect people to each other and the wider world, help people improve their daily lives, and entertain audiences with the best of local and global content. Every day, millions of people use the products and services of companies that Naspers has invested in, acquired or built, including Avito, Brainly, Codecademy, Delivery Hero, eMAG, Flipkart, ibibo, iFood, letgo, Media24, Movile, MultiChoice, OLX, PayU, Showmax, SimilarWeb, SinDelantal, Swiggy, Twiggle, and Udemy. Similarly, hundreds of millions of people have made the platforms of its associates Tencent (www.tencent.com; SEHK 00700), Mail.ru (www.corp.mail.ru; LSE: MAIL), and MakeMyTrip Limited (www.makemytrip.com; NASDAQ: MMYT) a part of their daily lives.

 

Naspers is listed on the Johannesburg Stock Exchange (NPN.SJ) and has an ADR listing on the London

Stock Exchange (LSE: NPSN).

 

For more information, please visit www.naspers.com.

 

 

 

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