NASPERS LIMITED – Replace on Repurchase Programme – SENS

                            
Replace on Repurchase Programme
Naspers Restricted
(Included within the Republic of South Africa)
Registration quantity 1925/001431/06)
JSE share code: NPN ISIN: ZAE000015889
(Naspers)
UPDATE ON REPURCHASE PROGRAMME
Shareholders are referred to the announcement issued by Naspers on 27 June 2022 in respect
of the launch of the open-ended, repurchase programme in respect of the unusual shares N
within the capital of Prosus (‘Prosus Shares’) and N unusual shares within the share capital of
Naspers (‘Naspers Shares’), from the respective Prosus and Naspers (collectively the
“Group”) free-float shareholders (collectively the “Repurchase Programme”).
Contemplating the regulatory requirement to supply weekly updates on Prosus unusual shares
N repurchased, Naspers determined to additionally present voluntary updates to Naspers shareholders
on the Naspers N unusual shares it bought.
For the interval between 2 January 2023 and 6 January 2023, the Group bought 563,962
Naspers Shares at a median value of ZAR3,053.3115 per share for a complete consideration of
ZAR1,721,951,644 (US$100,775,811).
Cape City, South Africa
10 January 2023
JSE sponsor to Prosus
Investec Financial institution Restricted
Enquiries
Investor Enquiries                                                         +1 347-210-4305
Eoin Ryan, Head of Investor Relations
Media Enquiries                                                            + 27 78 802 6310
Shamiela Letsoalo, Media Relations Director
About Naspers
Established in 1915, Naspers has reworked itself to turn out to be a worldwide client web firm and one of many largest know-how traders
on this planet. By means of Prosus, the group operates and invests globally in markets with long-term progress potential, constructing main client
web firms that empower individuals and enrich communities. Prosus has its main itemizing on Euronext Amsterdam and a secondary itemizing
on the Johannesburg Inventory Trade and Naspers is almost all proprietor of Prosus.
In South Africa, Naspers is among the foremost traders within the know-how sector and is dedicated to constructing its web and ecommerce
firms within the nation. These embody Takealot, Mr D Meals, Superbalist, Autotrader, Property24 and PayU, along with Med ia24, South
Africa’s main print and digital media enterprise.
Naspers has a main itemizing on the Johannesburg Inventory Trade (NPN.SJ) and a secondary itemizing on the A2X Trade (NPN.AJ) in South Africa
and has a stage 1 American Depository Receipt (ADR) programme which trades on an over-the-counter foundation within the US.
For extra info, please go to www.naspers.com.
Naspers Foundry
Naspers is targeted on stimulating South Africa’s native tech sector via Naspers Foundry. It is a R1.4 billion funding automobile that invests
in early-stage know-how firms that search to handle huge societal wants.
Naspers Labs
In 2019, Naspers Labs, a youth growth programme designed to remodel and launch South Africa’s unemployed youth into financial
exercise, was launched. Naspers Labs focuses on digital abilities and coaching, enabling younger individuals to pursue tech careers.
Naspers for Good
Naspers workers are equally dedicated to giving again. Naspers for Good is a company philanthropy fund administered by a c ommittee of
workers in South Africa. By means of the fund, Naspers varieties partnerships with organisations which have a confirmed tr ack file of delivering
options for probably the most urgent challenges affecting our communities. E-mail [email protected] for extra info.
Response to COVID-19
Naspers contributed R1.5 billion of emergency help to assist the South African authorities’s response to the COVID -19 pandemic. This
contribution consisted of R500 million in direction of the Solidarity Fund, and R1 billion value of PPE sourced and distributed to So uth Africa’s front-
line healthcare staff. As well as, Naspers contributed R6.9 million to the Nelson Mandela Basis’s EachOne FeedOne programme to
assist households impacted by COVID-19 with meals for a yr.
Disclaimer
The Repurchase Programme is being carried out in accordance with Articles 5(1) and 5(3) of Regulation (EU) No 596/2014 of the European
Parliament and of the Council of 16 April 2014 on market abuse (“Market Abuse Regulation”) and Articles 2 to 4 of Fee Delegated
Regulation (EU) 2016/1052 supplementing the Market Abuse Regulation with regard to regulatory technical requirements for the circumstances
relevant to buy-back programmes and stabilisation measures (the “Delegated Regulation”). This doc is issued in reference to the
disclosure and reporting obligation set out in Article 2(1) of the Delegated Regulation.
This doc accommodates info that qualifies as inside info throughout the that means of Article 7(1) of the Market Abuse Regulation.
This announcement doesn't represent, or type a part of, a proposal or any solicitation of a proposal for securities in any jurisdiction.
The data contained on this announcement might comprise forward-looking statements, estimates and projections. Ahead-looking
statements contain all issues that aren't historic and could also be recognized by the phrases “anticipate”, ”imagine”, ”estimate”, ”count on”, ”intend”,
”might”, ”ought to”, ”will”, ”would” and comparable expressions or their negatives, however the absence of those phrases doesn't essentially imply {that a}
assertion will not be forward-looking. These statements mirror Prosus’s intentions, beliefs or present expectations, contain parts of subjective
judgement and evaluation and are based mostly upon the very best judgement of Prosus as of the date of this announcement, however may show to be mistaken.
These statements are topic to vary with out discover and are based mostly on quite a lot of assumptions and entail identified and unknown dangers and
uncertainties. Due to this fact, you shouldn't depend on these forward-looking statements as a prediction of precise outcomes.
Any forward-looking statements are made solely as of the date of this announcement and neither Prosus nor another individual offers any
enterprise, or is below any obligation, to replace these forward-looking statements for occasions or circumstances that happen subsequent to the
date of this announcement or to replace or maintain present any of the data contained herein, any modifications in assumptions or modifications in
elements affecting these statements and this announcement will not be a illustration by Prosus or another person who they'll achieve this, besides to
the extent required by legislation.
Date: 10-01-2023 05:00:00
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