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Prosus sells 5% stake in Delivery Hero for around $394 million

May 11 (Reuters) - Dutch technology investor Prosus PRX.AS said on Monday it had sold a 5% stake in Delivery Hero DHER.DE to Aspex Management, taking gross proceeds of around 335 million euros ($394 million).

The transaction price represents an about 22% premium to the 30-day volume-weighted average price of Delivery Hero's shares as of May 8.

($1 = 0.8508 euros)

(Reporting by Hugo Lhomedet; Editing by Milla Nissi-Prussak)

((hugo.lhomedet@thomsonreuters.com))

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