To view the PDF file, sign up for a MySharenet subscription.

PROSUS N.V - Dealings in Securities

Release Date: 19/07/2024 07:50
Code(s): PRX     PDF:  
Wrap Text
Dealings in Securities

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

DEALINGS IN SECURITIES

Today, Fabricio Bloisi will notify the Stichting Autoriteit Financiële Markten (AFM) about the offers
of performance share units (PSUs) by the Prosus N.V. Share Award Plan.

The offers of PSUs by the Prosus N.V. Share Award Plan to Fabricio were accepted on 17 July
2024. Vesting of PSUs, and the exact quantum thereof, is subject to the achievement of
performance conditions set out in the the additional disclosure for the chief executive issued
together with the Naspers notice of annual general meeting 2024 on 19 July 2024 (the
Disclosure).

Further, an additional offer of PSUs was made to Fabricio Bloisi as a special once-off 'moonshot'.
The award will only vest if Fabricio Bloisi has remained employed within the Naspers and Prosus
Group until 30 June 2028 and if the Committee determines that all elements of the performance
conditions have been satisfied.

This once-off 'moonshot' award will be triggered only when two conditions are met
simultaneously:

1. the group's aggregate market capitalisation (being the combined Prosus N.V. and Naspers
   market capitalisations) is doubled or better between 1 July 2024 and 30 June 2028 - and
   that value is maintained for at least one year following this period (being 30 June 2029);
   and

2. the group's net value creation in terms of total shareholder returns compared to the TSR
   peer group (defined in the Disclosure) beats the 50th percentile between 1 July 2024 and
   30 June 2028.

The determination of 1 (first part) and 2 will be made by the Committee as soon as is reasonably
possible after 30 June 2028. The Committee will determine whether the market capitalisation
has been maintained as soon as is reasonably possible after 30 June 2029.


Date                Director               Plan              Number of      Offer price of       Fair value
                                                         units offered               units

17 July      Fabricio Bloisi        Prosus N.V.                430 295                   0    US$18,900,000
2024                                Share Award
                                           Plan

17 July      Fabricio Bloisi        Prosus N.V.       Right to receive                   0    US$70,000,000
2024                                Share Award           listed Class
                                Plan ('Moonshot        ordinary shares
                                        award')            N in Prosus


The Disclosure published on 19 July 2024 can be found here:
www.prosus.com/investors/shareholder-centre/shareholder-meetings

For ease of reference the remuneration report can be found here:
www.prosus.com/investors/results-reports-events/latest-financial-results
                                                                                                      
For additional information in relation to the AFM disclosures, please see the AFM's registers on
the AFM's website:
https://www.afm.nl/en/sector/registers/meldingenregisters.

Amsterdam, the Netherlands
19 July 2024

JSE sponsor to Prosus
Investec Bank Limited

Enquiries

Investor Enquiries                                                        +1 347-210-4305

Eoin Ryan, Head of Investor Relations

Media Enquiries                                                           +31 6 15494359

Charlie Pemberton, Communications 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 education 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 people's everyday lives.

Every day, billions of customers use the products and services of companies that Prosus has invested in, acquired or built, including 99minutos,
Airmeet, Aruna, AutoTrader, Autovit.ro, Azos, BandLab, Bibit, Bilt, Biome Makers, Borneo, Brainly, BUX, BYJU'S, Bykea, Captain Fresh, Codecademy,
Collective Benefits, Creditas, DappRadar, DeHaat, Detect Technologies, dott, EduMe, ElasticRun, eMAG, Endowus, Eruditus, EVERY, Facily, Fashinza,
Flink, Foodics, Good Glamm Group, GoodHabitz, GoStudent, Honor, iFood, Imovirtual, Klar, Kovi, LazyPay, letgo, Mensa Brands, Meesho, merXu,
Movile, Oda, OLX, Otodom, OTOMOTO, Oxford Ionics, PaySense, PayU, Pharmeasy, Platzi, Property24, Quick Ride, Red Dot Payment, Republic,
Sharebite, Shipper, ShopUp, SoloLearn, Stack Overflow, Standvirtual, Superside, Swiggy, Thndr, Tonik, Ula, Urban Company, Virgio, Vegrow,
watchTowr, and Wayflyer.

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, Delivery Hero, Remitly, Trip.com, Udemy, Skillsoft, and SimilarWeb.

Today, Prosus companies and associates help improve the lives of more than two billion people around the world.

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.

Date: 19-07-2024 07:50:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story