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REG - Prosus NV Naspers Limited - Transaction in Own Shares

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RNS Number : 9889Z  Prosus NV  20 September 2022

Prosus N.V.

(Incorporated in the Netherlands)

(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)

AEX and JSE Share Code: PRX ISIN: NL0013654783

(Prosus)

 

Update on REPURCHASE Programme

Prosus today announces an update to the open-ended, repurchase programme in
respect of the ordinary shares N in the capital of Prosus ("Prosus Shares")
and N ordinary shares in the share capital of Naspers ("Naspers Shares"), from
the respective Prosus and Naspers (together the "Group") free-float
shareholders (together the "Repurchase Programme") announced on
27 June 2022.

 

As part of the Repurchase Programme, for the period between 12 September 2022
and 16 September 2022, Prosus repurchased 3,160,486 Prosus Shares at an
average price of €59,3697 per share for a total consideration of
€187,636,978 (US$188,209,728).

 

More information on the Repurchase Programme is available on
www.prosus.com/news/investors-shareholder-information/.

Amsterdam, the Netherlands

20 September 2022

JSE sponsor to Prosus

Investec Bank Limited

 

Enquiries

 Investor Enquiries                             +1 347-210-4305

 Eoin Ryan, Head of Investor Relations
 Media Enquiries                                + 27 78 802 6310

 Shamiela Letsoalo, Media Relations Director

 

About Prosus

Prosus is a global consumer internet group and one of the largest technology
investors in the world. Operating and investing globally in markets with
long-term growth potential, Prosus builds leading consumer internet companies
that empower people and enrich communities.

The group is focused on building meaningful businesses in the online
classifieds, food delivery, payments and fintech, and education technology
sectors in markets including India and Brazil. Through its ventures team,
Prosus invests in areas including health, logistics, blockchain, and social
commerce. Prosus actively seeks new opportunities to partner with exceptional
entrepreneurs using technology to improve people's everyday lives.

Every day, billions of customers use the products and services of companies
that Prosus has invested in, acquired or built, including 99minutos, Airmeet,
Aruna, AutoTrader, Autovit.ro, Azos, BandLab, Bibit, Biome Makers, Borneo,
Brainly, BUX, BYJU'S, Bykea, Captain Fresh, Codecademy, Collective Benefits,
Creditas, DappRadar, DeHaat, dott, EduMe, ElasticRun, eMAG, Endowus, Eruditus,
EVERY, Facily, Flink, Foodics, Good Glamm Group, GoodHabitz, GoStudent, Honor,
iFood, Imovirtual, Klar, Kovi, LazyPay, letgo, Luno, Mensa Brands, Meesho,
merXu, Movile, Oda, OLX, Otodom, OTOMOTO, PaySense, PayU, Pharmeasy, Platzi,
Property24, Quick Ride, Red Dot Payment, Republic, Shipper, ShopUp, SoloLearn,
Stack Overflow, Standvirtual, Superside, Swiggy, Thndr, Tonik, Ula, Urban
Company, Wayflyer, and Wolt.

Hundreds of millions of people have made the platforms of Prosus's associates
a part of their daily lives. For listed companies where we have an interest,
please see: Tencent, Delivery Hero, Remitly, Trip.com, Udemy, Skillsoft,
Sinch, and SimilarWeb.

Today, Prosus companies and associates help improve the lives of more than two
billion people around the world.

Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and secondary
listings on the Johannesburg Stock Exchange (XJSE:PRX) and a2X Markets
(PRX.AJ). Prosus is majority-owned by Naspers.

For more information, please visit www.prosus.com.

Disclaimer

The Repurchase Programme 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(1) of the Delegated Regulation.

This document contains information that qualifies as inside information within
the meaning of Article 7(1) of the Market Abuse Regulation.

This announcement does not constitute, or form part of, an offer or any
solicitation of an offer for securities in any jurisdiction.

The information contained in this announcement may contain forward-looking
statements, estimates and projections.  Forward-looking statements involve
all matters that are not historical and may be identified by the words
"anticipate", "believe", "estimate", "expect", "intend", "may", "should",
"will", "would" and similar expressions or their negatives, but the absence of
these words does not necessarily mean that a statement is not forward-looking.
These statements reflect Prosus's intentions, beliefs or current expectations,
involve elements of subjective judgement and analysis and are based upon the
best judgement of Prosus as of the date of this announcement, but could prove
to be wrong. These statements are subject to change without notice and are
based on a number of assumptions and entail known and unknown risks and
uncertainties. Therefore, you should not rely on these forward-looking
statements as a prediction of actual results.

Any forward-looking statements are made only as of the date of this
announcement and neither Prosus nor any other person gives any undertaking, or
is under any obligation, to update these forward-looking statements for events
or circumstances that occur subsequent to the date of this announcement or to
update or keep current any of the information contained herein, any changes in
assumptions or changes in factors affecting these statements and this
announcement is not a representation by Prosus or any other person that they
will do so, except to the extent required by law.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

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Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSFIFVAATIIFIF

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