Examples of Naspers Limited in a sentence
Prosus is a subsidiary of Naspers Limited (Naspers), a company incorporated in South Africa.
Adjustments are made for significant transactions that take place where the year-ends of associates are not coterminous with that of Naspers Limited.
The pro forma financial information is the responsibility of the board of directors (the board) of Naspers Limited and is presented for illustrative purposes.
Adjustments are made for significant transactions that take place where the year-ends of joint ventures are not coterminous with that of Naspers Limited.
For the avoidance of doubt, Naspers Limited and its Subsidiaries shall never be included in the Competitor List.
As a consequence of this transaction, equity-compensation plans and other group entities that held Naspers Limited N ordinary shares (as treasury shares) at the time of distribution received MultiChoice Group shares.
As a consequence of this transaction, equity-compensation plans and other group entities that held Naspers Limited N-ordinary shares (as treasury shares) at the time of distribution received MultiChoice Group shares.
PRO FORMA FINANCIAL INFORMATIONThe group has presented certain revenue and trading profit metrics in local currency, excluding the effects of changes in the composition of the group (the pro forma financial information) in the following tables.The pro forma financial information is the responsibility of the board of directors (the board) of Naspers Limited and is presented for illustrative purposes.
For cash-settled plans, the group remeasures the fair value of the recognised liability at each reporting date and at the date of settlement, with any changes in fair value recognised in the income statement.A share option, SAR or RSU scheme is considered equity-settled when the transaction is settled through the issue of equity instruments of Naspers Limited or its subsidiaries.
On April 24, 2020, the Naspers Limited board approved a prospective change in the settlement mechanism for the Group’s share appreciation rights (SAR) plans from settlement in Naspers N ordinary shares to using cash resources for settlement.