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Naspers Limited (NPSN)

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Thursday 29 March, 2018

Naspers Limited

Closing of Delivery Hero acquisition

RNS Number : 3746J
Naspers Limited
29 March 2018
 

Naspers Limited

(Incorporated in the Republic of South Africa)

Registration Number: 1925/001431/06)

ISIN: ZAE000015889

JSE Share Code: NPN         ISIN: ZAE000015889

LSE ADS code: NPSN          ISIN: US6315122092

("Naspers" or "Company")

 

 

CLOSING OF DELIVERY HERO ACQUISITION

 

 

Naspers announced a transaction on 28 September 2017 to purchase 22 359 857 shares of Delivery Hero AG stock from Rocket Internet SE for €660m (US$775m) at a price of €29.50 per share. The acquisition takes Naspers's stake in Delivery Hero AG to 22.75% and positions the company as the largest shareholder in Delivery Hero AG.

 

Shareholders are advised that the regulatory review is complete and that the transaction closed effective 28 March 2018.

 

Company contact:

Meloy Horn

Head of Investor Relations

Naspers

+27 11 289 3320

+27 82 772 7123

[email protected]

 

Cape Town

29 March 2018

 

Sponsor: Investec Bank Limited

 

About Naspers

Founded in 1915, Naspers is a global internet and entertainment group and one of the largest technology investors in the world. Operating in more than 120 countries and markets with long-term growth potential, Naspers builds leading companies that empower people and enrich communities. It runs some of the world's leading platforms in internet, video entertainment, and media.

 

Naspers companies connect people to each other and the wider world, help people improve their daily lives, and entertain audiences with the best of local and global content. Every day, millions of people use the products and services of companies that Naspers has invested in, acquired or built, including Avito, Brainly, Codecademy, Delivery Hero, eMAG, Flipkart, ibibo, iFood, letgo, Media24, Movile, MultiChoice, OLX, PayU, Showmax, SimilarWeb, Swiggy, Twiggle, and Udemy. Similarly, hundreds of millions of people have made the platforms of its associates Tencent (www.tencent.com; SEHK 00700), Mail.ru (www.corp.mail.ru; LSE: MAIL), and MakeMyTrip Limited (www.makemytrip.com; NASDAQ: MMYT) a part of their daily lives.

 

Naspers is listed on the Johannesburg Stock Exchange (NPN.SJ) and has an ADR listing on the London Stock Exchange (LSE: NPSN). For more information, please visit www.naspers.com.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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