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 8 July 2024 and 12 July 2024, Prosus
repurchased 2,976,575 Prosus Shares at an average price of €33.2897
per share for a total consideration of €99,089,219
(US$107,539,529).
More
information on the Repurchase Programme is available on:
www.prosus.com/news/investors-shareholder-information/.
Amsterdam, the
Netherlands
16 July 2024
JSE sponsor to Prosus
Investec Bank Limited
Enquiries
Investor Enquiries
Eoin Ryan, Head of Investor
Relations
|
+1 347-210-4305
|
Media Enquiries
Charlie Pemberton, Communications
Director
|
+31 6 15494359
|
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, Bilt, Biome Makers, Borneo,
Brainly, BUX, BYJU'S, Bykea, Captain Fresh, Codecademy, Collective
Benefits, Creditas, DappRadar, DeHaat, Detect Technologies, dott,
EduMe, ElasticRun, eMAG, Endowus, Eruditus, EVERY, Facily,
Fashinza, Flink, Foodics, Good Glamm Group, GoodHabitz, GoStudent,
Honor, iFood, Imovirtual, Klar, Kovi, LazyPay, letgo, Mensa Brands,
Meesho, merXu, Movile, Oda, OLX, Otodom, OTOMOTO, Oxford Ionics,
PaySense, PayU, Pharmeasy, Platzi, Property24, Quick Ride, Red Dot
Payment, Republic, Sharebite, Shipper, ShopUp, SoloLearn, Stack
Overflow, Standvirtual, Superside, Swiggy, Thndr, Tonik, Ula, Urban
Company, Virgio, Vegrow, watchTowr, and Wayflyer.
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, 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.