REG - Prosus NV Naspers Limited - Transaction in Own Shares

Prosus NVAnnouncement

22/04/2025 16:30

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RNS Number : 7293F  Prosus NV  22 April 2025

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 14 April 2025 and
17 April 2025, Prosus repurchased 5,236,162 Prosus Shares at an average price
of €37.6666 per share for a total consideration of €197,228,534.79
(US$223,953,110.91).

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

Amsterdam, the Netherlands

22 April 2025

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 technology company, unlocking an AI-first world for our 2
billion customers.  With investments in more than 100 companies across the
world, we are building local ecommerce champions in growth markets.

With leading positions in Food Delivery, Classifieds and Fintech, Prosus has
created its own unique technology ecosystem, driving innovation, knowledge
sharing and growth across our portfolio.

Through the Prosus Ventures team, the group invests in new technology growth
opportunities within AI, social and ecommerce platforms, fintech, B2B
software, logistics, health, blockchain, agriculture and more.

The team actively backs exceptional entrepreneurs who are using technology to
improve people's everyday lives.

To find out more, 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.

 

 

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