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Director/PDMR Shareholding

5 Sep 2012 16:04

RNS Number : 5959L
Naspers Limited
05 September 2012
 



 

 

 

 

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 S J Z Pacak

Company: Naspers Limited

Transaction date: 4 September 2012

Nature of transaction: Off market purchase of securities

Number of shares: 115 000 Naspers shares

Class of shares: N ordinary

Total value of transaction: R2 702 500,00

Price per share on 2 January 2002: R23,50

Date of vesting in the group

share-based incentive plan: On 2 January 2002, Steve Pacak was offered, and accepted, 115 000 Naspers N ordinary shares at the listed market price of the shares on that date. In terms of the rules of the Naspers Share Incentive Trust the shares vested over time and delivery of the shares acquired must be taken no later than the tenth anniversary of the offer date.

 

Accordingly, on 4 September 2012 a total of

115 000 Naspers N ordinary shares were delivered to his family trust upon payment of the amount of R2 702 500, being the listed market value on the date of the offer.

 

Nature of transaction: Delivery of vested shares held in the Naspers Share Incentive Trust to Mr Pacak's family trust.

Nature of interest: Indirect beneficial

Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements

 

Cape Town

5 September 2012

Sponsor: Investec Bank Limited

 

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