06/15/2021 | Press release | Distributed by Public on 06/15/2021 09:52
(Incorporated in the Netherlands)
(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)
AEX and JSE Share Code: PRX ISIN: NL0013654783
Prosus today announces an update to itsshare purchase programme of Naspers N ordinary shares (the Share Purchase)announced on 23 November 2020.
Although there is no regulatory requirement to do so, Prosus decided to continue providing weekly voluntary updates on the Naspers N ordinary shares purchased.
For the period between 7 June 2021 and 11 June 2021, Prosus purchased 527 443 Naspers N ordinary shares at an average price of ZAR2 961.0993 per share for a total consideration of ZAR1 561 811 101.41 (US$114 830 025.73).
More information on the Share Purchase is available onwww.prosus.com/investors/share-buyback.
Amsterdam, the Netherlands
15 June 2021
JSE sponsor to Prosus
Investec Bank Limited
The Share Repurchase is being conducted 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 Commission Delegated Regulation (EU) 2016/1052 supplementing the Market Abuse Regulation with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures (the Delegated Regulation). This document is issued in connection with the disclosure and reporting obligation set out in Article 2(3), read with article 2(2), of the Delegated Regulation.
Considerationincludes transaction costs.