FilingReader Intelligence

Prosus director Koos Bekker's trust sells €81m in shares for hospitality ventures

December 22, 2025 at 09:01 PM UTCBy FilingReader AI

Between December 17 and December 19, 2025, a family trust linked to Prosus N.V. director Koos Bekker disposed of 1,556,807 Prosus N.V. ordinary shares N through on-market transactions. These sales were executed to fund building operations at hospitality venues in Italy, South Africa, and the UK where the trust has an interest. Following these transactions, the family trust retains 90% of its original holding in Prosus shares.

The disposals occurred over three days, with varying prices. On December 17, 2025, 395,911 shares were sold at a weighted average price of €52.5185 per share, with individual transaction prices ranging from €51.75 to €52.96. The following day, December 18, 2025, saw the sale of 729,223 shares at a weighted average of €51.9238, with prices between €51.24 and €52.55. On the final day, December 19, 2025, 431,673 shares were sold at a weighted average price of €53.4623 per share, with prices ranging from €52.74 to €53.68.

All transactions involved Jacobus Petrus Bekker as the director, with the same number of votes applicable as shares sold. The total value of shares disposed over the three-day period exceeds €81 million, calculated based on the weighted average prices. This notification was made to the Stichting Autoriteit Financiële Markten (AFM).

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

JSE:PRXEJohannesburg Stock Exchange

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