Naspers director Mahanyele-Dabengwa disposes of shares after option exercise

Naspers Limited announced that director Phuthi Mahanyele-Dabengwa executed an on-market disposal of 802 Naspers N ordinary shares on June 27, 2025. The transaction occurred after Mahanyele-Dabengwa exercised 1,774 restricted share options that were awarded on June 27, 2023, with a nil base cost and fully vested on June 27, 2025. The shares were sold at a volume-weighted average price of ZAR5,501.7975 per share, resulting in a total transaction value of ZAR4,395,024.30. The sale was executed to cover taxes and other related costs associated with the option exercise. Mahanyele-Dabengwa took delivery of the remaining 972 Naspers N ordinary shares. The company confirmed that clearance for the transaction was obtained in compliance with JSE Limited Listings Requirements.