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PROSUS N.V - Update on Prosus share repurchase

Release Date: 18/01/2022 17:15
Code(s): PRX     PDF:  
Wrap Text
Update on Prosus share repurchase

Prosus N.V.
(Incorporated in the Netherlands)
(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)
AEX and JSE Share Code: PRX ISIN: NL0013654783


Prosus today announces an update to its share repurchase programme of Prosus ordinary shares
N (the Share Repurchase) announced on 23 August 2021.

As part of the Share Repurchase, for the period between 10 January 2022 and 14 January 2022,
Prosus repurchased 1 813 697 Prosus ordinary shares N at an average price of €75.8194 per
share for a total consideration of €137 513 350.25 (US$156 243 581.19).

More information on the Share Repurchase is available on

Amsterdam, the Netherlands
18 January 2022

JSE sponsor to Prosus
Investec Bank Limited


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

Media Enquiries                                             + 31 6 29721038
Sarah Ryan, International Media Relations         

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, Russia 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 who are using technology to improve people's everyday lives.

Every day, millions of people use the products and services of companies that Prosus has invested in, acquired or built,
including Avito, Brainly, BYJU'S, Bykea, Codecademy, DappRadar, DeHaat, dott, ElasticRun, eMAG, Eruditus, Honor,
iFood, Klar, LazyPay, letgo, Meesho, Movile, OLX, PayU, Quick Ride, Red Dot Payment, Remitly, Republic, SimilarWeb,
Shipper, Skillsoft, SoloLearn, Swiggy, and Udemy.

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 (, (,
Group Limited (, and DeliveryHero (
Today, Prosus companies and associates help improve the lives of around a fifth of the world's population.

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


The 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

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: 18-01-2022 05:15:00
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