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NASPERS LIMITED - Prosus receives regulatory approval to increase stake in Delivery Hero

Release Date: 04/10/2021 17:50
Code(s): NPN     PDF:  
Wrap Text
Prosus receives regulatory approval to increase stake in Delivery Hero

Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000015889
LSE ADS code: NPSN ISIN: US6315122092
(“Naspers” or “the company”)


Naspers refers to the announcement dated 30 August 2021, in which it advised that
Prosus N.V. (Prosus) a subsidiary of Naspers, had entered into an agreement to acquire
an additional 2.5% stake in Delivery Hero (FRA:DHER.GR), subject to regulatory
approval, through its subsidiary, MIH Food Holdings B.V.

Prosus confirms the regulatory approval was granted on 29 September 2021 and the
transaction closed on 4 October 2021.

MIH Food Holdings B.V. now holds 27.42% of Delivery Hero.


4 October 2021
Equity Sponsor: Investec Bank Limited


Investor Enquiries                          +1 347-210-4305
Eoin Ryan, Head of Investor Relations

Media Enquiries                             +27 78 802 6310
Shamiela Letsoalo, Media Relations Director

About Naspers
Established in 1915, Naspers has transformed itself to become a global consumer internet company and one
of the largest technology investors in the world. Through Prosus, the group operates and invests globally in
markets with long-term growth potential, building leading consumer internet companies that empower people
and enrich communities. Prosus has a listing on Euronext Amsterdam and a secondary listing on the
Johannesburg Stock Exchange and Naspers is the majority owner of Prosus.

In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building
its internet and ecommerce companies in the country. These include Takealot, Mr D Food, Superbalist, OLX,
Autotrader, Property24 and PayU, in addition to Media24, South Africa’s leading print and digital media

Naspers is also focused on stimulating South Africa’s local tech sector through?Naspers Foundry. This is a R1.4
billion investment targeting early stage technology companies in South Africa that seek to address big societal
needs. To help address youth unemployment in impoverished communities, in 2019, Naspers
launched?Naspers Labs, a social impact programme for young, unemployed South Africans aged between 17
and 25. Located in low income, urban settings, Naspers Labs provide a structured development journey
enabling young people to enter the economy.

Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ) and a secondary listing on the
A2X Exchange (NPN.AJ) in South Africa, and has an ADR listing on the London Stock Exchange (LSE: NPSN).

For more information, please visit?


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 Naspers’s intentions, beliefs or current expectations, involve
elements of subjective judgement and analysis and are based upon the best judgement of Naspers 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 Naspers 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 Naspers or any other person
that they will do so, except to the extent required by law.

Date: 04-10-2021 05:50:00
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