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NASPERS LIMITED - Dealings in securities by a Director
Dealings in securities by a Director 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') Dealing in securities by a Director In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements,the following information is disclosed:- Director: Mr Mark Sorour Company: Naspers Limited Transaction date: 19 September 2019 Nature of transaction: on market sale of securities Class of shares: 9 237 N ordinary Total value of transaction: R22 327 861.14 Volume weighted average price per share: R2 417.22 Highest price per share: R2 417.22 Lowest price per share: R2 417.22 Date of vesting in the group share-based incentive plan: Share appreciation rights vested in the MIH China/MIH TC 2008 share appreciation rights plan. The two tranches relating to this exercise vested as follows: the first tranche of 8 000 appreciation rights vested on 17 January 2018 and the second tranche of 8 000 appreciation rights vested on 17 January 2019. Mark Sorour had a defined period in which to exercise the share appreciation rights, failing which they would lapse. Nature of transaction: Mark Sorour exercised share appreciation rights in the MIH China/MIH TC 2008 share appreciation rights plan (vesting on dates as per above) and received 9 237 Naspers N ordinary shares in settlement of the gain. He then sold the 9 237 Naspers N ordinary shares. Nature of interest: Direct Beneficial Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements Cape Town 20 September 2019 Sponsor: Investec Bank Limited Date: 20/09/2019 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.