Listed on the Johannesburg Stock Exchange (JSE) since September 1994 and have an ADR listing on the London Stock Exchange (LSE).
Founded in 1915, we are a broad-based multinational media group offering services in more than 130 countries.
Focusing on products and services for mobile internet, we operate in high growth markets.



Naspers has a Level I American Depository Receipt (ADR) programme and our American Depository Shares (ADSs) are listed on the London Stock Exchange (LSE). The Bank of New York Mellon maintains a Global BuyDIRECT™ plan for us.

This ADR programme does not create new capital in the US, but provides us with an opportunity to develop and expand our US shareholder base.

Level I ADRs are traded in the USA on an over-the-counter (OTC) basis. International investors are able to buy and sell Naspers securities either through the Level I ADR OTC market, the LSE or the JSE Limited.

 

For additional information you can: Visit The Bank of New York Mellon’s website

 

ADR FAQS


What is an American Depositary Receipt (ADR)?

An ADR is a negotiable U.S. certificate representing ownership of shares in a non-U.S. corporation. ADRs are quoted and traded in U.S. dollars in the U.S. securities market. Dividends are also paid to investors in U.S. dollars. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by U.S. investor, and to provide a corporate finance vehicle for non-U.S. companies.

What are the benefits of ADRs to US investors?

US investors sometimes prefer to purchase ADRs rather than ordinary shares in the issuer’s home market because ADRs trade, clear and settle according to US market conventions. One of ADRs’ main advantages is the facilitation of diversification into foreign securities. ADRs also allow easy comparison to securities of similar companies as well as access to price and trading information, if listed.

How do I obtain information and updates on an ADR company?

Investors receive annual reports and proxy materials in English, just as they would as normal shareholders. ADR issuers generally have full information in English about themselves on their websites, as well as on the main depositary bank websites, and are better tracked by the main U.S. financial websites. ADRs listed on U.S. exchanges provide holders with the same level of information as any other U.S. security. Trading information is readily available, financials are reconciled to U.S. Generally Accepted Accounting Principles (GAAP), and the SEC regulates the company's disclosure to investors.

Where are Naspers’ ADRs traded?

Our ADRs are traded over-the-counter. The trading code is NPSNY and the CUSIP number is 631512100.

Who is Naspers’ depositary for ADRs?

The Bank of New York Mellon is our depository bank. They play a key role in the process of issuance and cancellation of ADRs, maintain our ADR holder register and distribute the dividends in US dollars.

What is the difference between a registered holder and a beneficial ADR holder?

A registered holder is the one whose name appears on the books of the depositary. The registered holder is considered the owner of record. A beneficial holder is one whose holdings are registered in another name, such as a broker, bank or nominee.

How are ADR dividends paid and taxed?

Dividends are paid in U.S. dollars and are generally taxable, just like dividends on U.S. shares. In addition, taxes may be withheld by the ADR company's local government. Depending on individual circumstances, foreign taxes withheld might be applied as a credit against U.S. taxes, or tax reclaim opportunities may be offered.

How can I get dividend and corporate action information on Naspers?

For dividend and corporate action information, please visit the
Bank of NY Mellon website.

How can I buy ADRs via a US broker?

You can buy an ADR through a broker, just as you would US securities.

How can I convert ordinary shares in Naspers into Naspers ADRs?

A Naspers shareholder wishing to convert Johannesburg Stock Exchange-listed ordinary shares into ADRs should, in the first instance, request that their broker contact the ADR Broker Desk at The Bank of New York Mellon. Contact details can be found below.

CONTACTS

UNITED KINGDOM

Mark Lewis
Tel: +44 (0) 20 7964 6089
Email: mark.lewis.com

NEW YORK
Richard  Maehr

Tel: +1 212 815 2275
Email: richard.maehr.com