Share Name Share Symbol Market Type
Prosus NV EU:PRX Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80 -1.25% 63.00 61.50 63.50 63.21 59.76 61.54 1,740,901 16:40:00

Naspers Launches Sale of Around 22 Million Shares in Prosus

21/01/2020 6:20pm

Dow Jones News


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   By Giulia Petroni 
 

Naspers Ltd. (NPN.JO) said Tuesday that it launched the sale of around 22 million shares in Prosus NV (PRX.AE).

The South-Africa based internet group said the sale represents about 1.4% of Prosus's ordinary shares. The placing is expected to increase the Netherlands-based company's free-float to 27.5% from 26.2%, with Naspers expected to hold about 72.5% of the issued shares after completion.

Naspers has a 73.8% stake in the company.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

January 21, 2020 13:05 ET (18:05 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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