Update on repurchase programme
Prosus N.V.
(Incorporated in the Netherlands)
(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)
AEX and JSE Share Code: PRX ISIN: NL0013654783
(Prosus)
UPDATE ON REPURCHASE PROGRAMME
Shareholders are referred to the announcement issued by Prosus on 27 June 2022 and other
announcements thereafter (‘Repurchase Programme Announcements’) in respect of the open –
ended repurchase programme in respect of the ordinary shares N (“Prosus Shares”) in the capital
of Prosus , from the Prosus free-float shareholders (the “Repurchase Programme”). Capitalised
words used in this announcement shall have the meanings ascribed to them in the Repurchase
Programme Announcements.
Shareholders are hereby advised that in connection with the continued implementation of the
Repurchase Programme, on 13 December 2022 Prosus sold 993,000 ordinary shares in Tencent,
bringing its total ownership in Tencent to 26.99%. This requires that each of Prosus and Naspers
make a Disclosure of Interest notification to the Stock Exchange of Hong Kong Limited, which
Prosus and Naspers have made today. Disclosure of Interest notifications are required to be
made every time Prosus’s shareholding percentage in Tencent crosses over a whole percentage
number.
Amsterdam, the Netherlands
15 December 2022
JSE sponsor to Prosus
Investec Bank Limited
Enquiries
Investor Enquiries +1 347-210-4305
Eoin Ryan, Head of Investor Relations
Media Enquiries + 27 78 802 6310
Shamiela Letsoalo, Media Relations Director
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 ed ucation 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 peopl e’s everyday lives.
Every day, billions of customers use the products and services of companies that Prosus has invested in, acquired or built, i ncluding 99minutos,
Airmeet, Aruna, AutoTrader, Autovit.ro, Azos, BandLab, Bibit, Biome Makers, Borneo, Brainly, BUX, BYJU’S , Bykea, Captain Fresh, Codecademy,
Collective Benefits, Creditas, DappRadar, DeHaat, dott, EduMe, ElasticRun, eMAG, Endowus, Eruditus, EVERY, Facily, Flink, Foo dics, Good Glamm
Group, GoodHabitz, GoStudent, Honor, iFood, Imovirtual, Klar, Kovi, LazyPay, letgo, Luno, Mensa Brands, Meesho, merXu, Movile, Oda, OLX, Otodom,
OTOMOTO, PaySense, PayU, Pharmeasy, Platzi, Property24, Quick Ride, Red Dot Payment, Republic, Shipper, ShopUp, SoloLearn, St ack Overflow,
Standvirtual, Superside, Swiggy, Thndr, Tonik, Ula, Urban Company and Wayflyer.
Hundreds of millions of people have made the platforms of Prosus’s associates a part of their daily lives. For listed compani es where we have an
interest, please see: Tencent, Delivery Hero, Remitly, Trip.com, Udemy, Skillsoft, Sinch, and SimilarWeb.
Today, Prosus companies and associates help improve the lives of more than two billion people around the world.
1
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.
Date: 15-12-2022 05:05:00
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