Prosus NV (Prosus) (AEX and JSE: PRX): Shareholders are referred to the article published by Asian Tech Press on 31 October 2022. The article claims that a CITIC-led group (a Chinese state-owned investment company) is in talks with Naspers to buy all Tencent shares owned by the group.
The article is speculative and untrue.
The Group is continuing its open-ended share buyback program, announced in June this year, funded by the sale of a small number of common shares of Tencent Holdings Limited (“Tencent“) the group (“Tencent shares’) regularly and in an orderly manner.
The Board of Directors of Naspers and the Board of Prosus reiterate their continued confidence in Tencent’s long-term prospects and continue to believe that the share buyback program is in the best interests of Prosus, Naspers and their respective shareholders.
JSE sponsor for Prosus
Investec Bank Limited
About Prosus
Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating globally, Prosus invests in markets with long-term growth potential, building leading consumer internet companies that empower people and enrich communities.
The group is focused on building meaningful businesses in online classifieds, grocery delivery, payments and fintech and education technology in markets like India and Brazil. Through his Ventures team, Prosus invests in areas such as healthcare, logistics, blockchain and social commerce. Prosus actively seeks new opportunities to partner with exceptional entrepreneurs who use technology to improve people’s daily lives.
Every day, billions of customers use the products and services of companies in which Prosus has invested, acquired or built, including 99minutos, Airmeet, Aruna, AutoTrader, Autovit.ro, Azos, BandLab, Bibit, Biome Makers, Borneo, Brainly, BUX , BYJU’S, Bykea, Captain Fresh, Codecademy, Collective Benefits, Creditas, DappRadar, DeHaat, dott, EduMe, ElasticRun, eMAG, Endowus,…
