Improving everyday life for people through technology
Shareholders are referred to the declaration announcement published by Naspers on SENS on Friday, 25 August 2023 (the Declaration Announcement), advising, inter alia, that the Naspers Board intends to proceed with the Naspers Capitalisation Issue and the Naspers Share Consolidation in connection with the removal of the Cross-Holding Structure pursuant to the Proposed Transaction, the implementation of which was subject to certain conditions precedent outlined in the Declaration Announcement.
The Naspers Board is pleased to advise Shareholders that the Proposed Transaction is now unconditional insofar as it relates to Naspers.
The purpose of this announcement is to provide Shareholders with finalisation information on the implementation of the Naspers Capitalisation Issue and the Naspers Share Consolidation in accordance with the JSE Listings Requirements.
Naspers-Announcement
