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Shares / Re: Naspers (NPN)
« on: April 13, 2015, 05:49:20 pm »
@ Maximillan,
NPN - my 10c
I like NPN, but I bought at lower levels. I will be keeping my NPN (3 years timeline currently). Go to Naspers.com and read and have a look, I feel that you have to have a IT company in your porfolio. But if I have not bought yet, I probably would still have bought now, it was fully valued from about R800 a share. But have a look at it, and make the call which ever you feel comfortable. Maybe join the competition and buy it there, then keep an eye on it. Also just remember,
Intention to list Novus Holdings Limited on the JSE Limited
NASPERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
Share code: NPN ISIN: ZAE000015889
("Naspers" or "the Group" or "the Company")
INTENTION TO LIST NOVUS HOLDINGS LIMITED (FORMERLY PAARL MEDIA GROUP PROPRIETARY LIMITED) ("NOVUS")
ON THE JSE LIMITED ("JSE")
Rationale
Media24 Holdings (Proprietary) Limited ("Media24"), a subsidiary of Naspers, has applied for a JSE listing
of Novus, a subsidiary of Media24. With an ever growing percentage of Novus's work now coming from
third parties, and Novus's continued diversification of its revenue streams, it is appropriate to list Novus
on the JSE. The listing will be effected via a private placement of Novus shares held by Media24.
Media24 will remain the majority shareholder of Novus.
Overview of Novus
Novus is a leader in the printing and manufacturing sectors. It operates eleven specialised printing plants
and one tissue plant across South Africa and provides a comprehensive range of products and services
nationally, as well as in other parts of Africa. In the financial year ended 31 March 2014 Novus achieved
revenues of R3,969 million and an operating profit R649 million.
Additional information
Novus will issue press releases with additional information in respect of the listing in due course. It is
expected that the listing will take place during March 2015.
Cape Town
18 February 2015
Investment Bank to Novus and Sponsor to Naspers
Investec Bank Limited
NPN - my 10c
I like NPN, but I bought at lower levels. I will be keeping my NPN (3 years timeline currently). Go to Naspers.com and read and have a look, I feel that you have to have a IT company in your porfolio. But if I have not bought yet, I probably would still have bought now, it was fully valued from about R800 a share. But have a look at it, and make the call which ever you feel comfortable. Maybe join the competition and buy it there, then keep an eye on it. Also just remember,
Intention to list Novus Holdings Limited on the JSE Limited
NASPERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
Share code: NPN ISIN: ZAE000015889
("Naspers" or "the Group" or "the Company")
INTENTION TO LIST NOVUS HOLDINGS LIMITED (FORMERLY PAARL MEDIA GROUP PROPRIETARY LIMITED) ("NOVUS")
ON THE JSE LIMITED ("JSE")
Rationale
Media24 Holdings (Proprietary) Limited ("Media24"), a subsidiary of Naspers, has applied for a JSE listing
of Novus, a subsidiary of Media24. With an ever growing percentage of Novus's work now coming from
third parties, and Novus's continued diversification of its revenue streams, it is appropriate to list Novus
on the JSE. The listing will be effected via a private placement of Novus shares held by Media24.
Media24 will remain the majority shareholder of Novus.
Overview of Novus
Novus is a leader in the printing and manufacturing sectors. It operates eleven specialised printing plants
and one tissue plant across South Africa and provides a comprehensive range of products and services
nationally, as well as in other parts of Africa. In the financial year ended 31 March 2014 Novus achieved
revenues of R3,969 million and an operating profit R649 million.
Additional information
Novus will issue press releases with additional information in respect of the listing in due course. It is
expected that the listing will take place during March 2015.
Cape Town
18 February 2015
Investment Bank to Novus and Sponsor to Naspers
Investec Bank Limited
But thanks for asking
RT
