Naspers : Notification in terms of section 122(3) of the Companies Act and section 3.83(b) of the JSE listings requirements
October 19, 2023 at 11:05 am EDT
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19 Oct 2023
Notification in terms of section 122(3) of the Companies Act and section 3.83(b) of the JSE listings requirements
In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 ("the Act"), and section 3.83(b) of the JSE Listings Requirements, shareholders are advised that the Public Investment Corporation's ("PIC") beneficial interests in Naspers now amounts to 21.199% of the total number of N ordinary shares in issue. The PIC notes that the increase in percentage is as a result of the capitalisation issue and consolidation of N ordinary shares implemented by Naspers on 18 September 2023.
Naspers confirms that it has received the required notice from the PIC and will file the required notice with the Takeover Regulation Panel.
The board of directors accepts responsibility for the information contained in this announcement, and to the best of their knowledge and belief, that information is true, and this announcement does not omit anything likely to affect the importance of the information included.
Naspers Limited published this content on 19 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2023 15:04:11 UTC.
Naspers Limited is a global consumer Internet company. Through Prosus, the Company operates and invests globally in markets with long-term growth potential, building consumer Internet companies that empower people and enrich communities. The Companyâs segments include Food Delivery, Classifieds, Payments and Fintech, Edtech, Etail, Other ecommerce: Ventures, Media24 and Social and Internet platforms. Its portfolio of food-delivery businesses allows customers to order their favorite food online and via apps to be conveniently delivered wherever they are. Prosus holds an investment in Tencent, Chinaâs used Internet services platform. Media24 is a print and digital media group with interests in digital media and services, newspapers, magazines, e-commerce, book publishing and media logistics. Its group includes some of the local consumer Internet companies in around 100 countries, spanning the Americas to Asia, Europe to South Africa.