REG - Prosus NV Naspers Limited - Transaction in Own Shares

Prosus NVAnnouncement

17/09/2024 16:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240917:nRSQ5668Ea&default-theme=true

RNS Number : 5668E  Prosus NV  17 September 2024

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 9 September 2024
and 13 September 2024, Prosus repurchased 2,455,339 Prosus Shares at an
average price of €32.3604 per share for a total consideration of
€79,455,846 (US$87,711,006).

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

Amsterdam, the Netherlands

17 September 2024

JSE sponsor to Prosus

Investec Bank Limited

 

Enquiries

 Investor Enquiries                           +1 347-210-4305

 Eoin Ryan, Head of Investor Relations
 Media Enquiries                              +31 6 15494359

 Charlie Pemberton, Communications Director

 

About Prosus

Prosus is a global consumer internet group and one of the largest technology
investors in the world. Each month, over two billion customers across the
globe use the products and services of companies that Prosus has invested in,
acquired or built. Prosus builds leading consumer internet companies that
empower people and enrich communities. The group is focused on online
classifieds, food delivery, payments and fintech. The team actively backs
exceptional entrepreneurs using technology to improve people's everyday lives.

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 (http://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/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSFLFLSALIDLIS