Source - RNS
RNS Number : 6051I
Naspers Limited
31 August 2016
 

Naspers Limited

(Incorporated in the Republic of South Africa)

(Registration number 1925/001431/06)

JSE share code: NPN   ISIN: ZAE000015889

LSE ADS code: NPSN   ISIN: US 6315121003

("Naspers" or "the company")

 

DEALINGS IN SECURITIES

 

In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the following information is disclosed:-

 

Executive director:                                Mr Mark Sorour

Transaction date:                                   29 August 2016

On/off market:                                      Off market

Price at which shares were offered:       Closing price on the JSE Limited on 29 August 2016 : R2 431,64

Number of shares:                                 7 787 Naspers shares

Value:                                                   R18 935 180,68

Class of shares:                                                 N ordinary

Nature of transaction:                            Offer of an option to purchase shares made by the MIH Holdings employee share incentive scheme to Mr Mark Sorour.  The offer of an option to purchase shares was made at market value on 29 August 2016 at R2 431,64, being the closing price on the JSE Limited on that day. The offer was accepted on 30 August 2016. The first third of the options vest on 29 August 2019, the second third vests on 29 August 2020 and the final third vests on 29 August 2021.    

Nature of interest:                                 Direct Beneficial

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

 

Executive Director:                               Mr Basil Sgourdos

Transaction date:                                   29 August 2016

On/off market:                                      Off market

Price at which shares were offered:       Closing price on the JSE Limited on 29 August 2016 : R2 431,64

Number of shares:                                 9 691 Naspers shares

Value:                                                   R23 565 023,24

Class of shares:                                                 N ordinary

Nature of transaction:                            Offer of an option to purchase shares made by the MIH (Mauritius) employee share incentive scheme to Mr Basil Sgourdos.  The offer of an option to purchase shares was made at market value on 29 August 2016 at R2 431,64, being the closing price on the JSE Limited on that day. The offer was accepted on 30 August 2016. The first third of the options vest on 29 August 2019, the second third vests on 29 August 2020 and the final third vests on 29 August 2021.    

Nature of interest:                                 Direct Beneficial

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

 

 

 

Executive director of a major

subsidiary:                                            Mr Imtiaz Patel

Transaction date:                                   29 August 2016

On/off market:                                      Off market

Price at which shares were offered:       Closing price on the JSE Limited on 29 August 2016 : R2 431,64

Number of shares:                                 5 814 Naspers shares

Value:                                                   R14 137 554,96

Class of shares:                                                 N ordinary

Nature of transaction:                            Offer of an option to purchase shares made by the MIH Holdings employee share incentive scheme to Mr Imtiaz Patel.  The offer of an option to purchase shares was made at market value on 29 August 2016 at R2 431,64, being the closing price on the JSE Limited on that day. The offer was accepted on 30 August 2016. The first third of the options vest on 29 August 2019, the second third vests on 29 August 2020 and the final third vests on 29 August 2021. 

Nature of interest:                                 Direct Beneficial

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

 

 

Company secretary:                              Mrs Gillian Kisbey-Green

Transaction date:                                   29 August 2016

On/off market:                                      Off market

Price at which shares were offered:       Closing price on the JSE Limited on 29 August 2016 : R2 431,64

Number of shares:                                 4 652 Naspers shares

Value:                                                   R11 311 989,28

Class of shares:                                                 N ordinary

Nature of transaction:                            Offer of an option to purchase shares made by the Naspers Limited employee share incentive scheme to Mrs Gillian Kisbey-Green.  The offer of an option to purchase shares was made at market value on 29 August 2016 at R2 431,64, being the closing price on the JSE Limited on that day. The offer was accepted on 30 August 2016. The first third of the options vest on 29 August 2019, the second third vests on 29 August 2020 and the final third vests on 29 August 2021. 

Nature of interest:                                 Direct Beneficial

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

 

 



 

Director of a major

subsidiary:                                            Mr J J Volkwyn

Major subsidiary:                                   MultiChoice South Africa Holdings (Proprietary)

                                                            Limited

Transaction date:                                   29 August 2016

Nature of transaction:                            on market sale

Number of shares:                                 21 000 Naspers shares

Class of shares:                                                 N ordinary

Total value of transaction:                      R50 925 000,00

Volume weighted average

price per share:                                     R2 425,00

Highest price per share:                         R2 425,00

Lowest price per share:                         R2 425,00

Date of vesting in the group

share-based incentive plan:                     MIH Holdings Share Trust: 2 809 shares on 12 March 2011 and 18 191 shares on 12 March 2012.

Nature of transaction:                            Sale of vested shares held in the MIH Holdings Share Incentive Trust by Mr Volkwyn.

Nature of interest:                                 Direct, Beneficial

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

 

 

Cape Town

31 August 2016

Sponsor: Investec Bank Limited


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