Naspers director's family trust sells R860m in shares

Naspers Limited announced that a family trust linked to director Jacobus Petrus Bekker sold 792,800 Naspers N ordinary shares between December 17 and 19, 2025. The on-market disposals amounted to a total value of R860,532,549.44. The transactions occurred at varying prices, with a volume-weighted average price of R1,085.4346, a highest price of R1,125.35, and a lowest price of R1,071.18.

The share sale's purpose was to finance building operations for hospitality venues in South Africa, the UK, and Italy, in which the family trust holds an interest. Despite this significant disposal, the family trust will retain 90% of its Naspers shareholding held prior to these transactions. The company confirmed that clearance for the dealing was obtained in compliance with JSE Listings Requirements.