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Latest Naspers Limited N Sh (NAPRF) Headlines

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Posted On: 03/10/2014 6:06:28 PM
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Latest Naspers Limited N Sh (NAPRF) Headlines



Naspers Announces CEO and Chairman's Successors

Business Wire - Sat Feb 22, 12:26AM CST

Naspers Limited (JSE: NPN)(LSE: NPSN) today announced that its CEO, Koos Bekker, will be succeeded by Bob van Dijk, currently Naspers's most senior ecommerce chief.



Naspers Limited (JSE: NPN) Today Announced Its Results for the Six Months Ended 30 September 2013

Business Wire - Mon Nov 25, 11:44PM CST

Naspers chair Ton Vosloo today announced a 28% increase in consolidated revenue to R28,8 bn for the six months ended 30 September. This growth was driven to a large extent by the offshore internet businesses and boosted by a depreciating rand. Core headline earnings, considered by the board to be an indication of sustainable earnings performance, was up 16% on the previous year to R12,48 per share (R4,9bn in total). This despite investing R3bn in developing future growth opportunities (referred to as development spend and expensed through the income statement). Positive free cash flow amounted to R787m.



Naspers Directorate Changes

Business Wire - Thu Oct 17, 9:29AM CDT

Naspers Limited (JSE: NPN) (LSE: NPSN) today announced several changes to its board. Ton Vosloo, chair of Naspers, advised, "As Naspers's subsidiary MIH Holdings (Pty) Ltd (MIH) had grown to comprise the vast majority of Naspers' market capitalisation, large overlaps developed between the activities of the MIH and Naspers boards. It was decided to reconfigure the Naspers board." As part of this process Messrs. Lourens Jonker, Neil van Heerden and Prof Hein Willemse stepped down. "We thank them for their service and valuable contribution to the Naspers board," said Vosloo. In view of their print media expertise built up over many years, they have been invited to join the Media24 Holdings (Pty) Ltd board.



Naspers Limited Results of Annual General Meeting

Business Wire - Fri Aug 30, 6:00AM CDT

Naspers Limited ("Naspers") (JSE:NPN) (LSE:NPSN): The 99th annual general meeting (AGM) of Naspers Limited was held this morning, under the chairmanship of Mr Ton Vosloo, in the Naspers Centre at 40 Heerengracht, Cape Town, South Africa.



Naspers Limited Today Announced Its Results for the Year Ended 31 March 2013

Business Wire - Tue Jun 25, 12:27AM CDT

Naspers (JSE: NPN) today reported a 27% increase in consolidated revenue to R50,2bn for the year ended March 2013. Core headline earnings, considered by the board to be an indication of sustainable performance, were up 23% on the previous year to R8,5bn or R22,16 per share. Approximately half of this growth was due to a weaker rand. The growth in earnings was achieved despite investing R4,3bn to grow new businesses for the longer-term. Positive free cash flows amounted to R3,5bn. A dividend increase of 15% to R3,85 is proposed.



Appointment of Joint Chairman

M2 - Tue May 21, 6:49AM CDT

The Mondi Group is pleased to announce the appointment of Tshamano Mohau Frederik ('Fred') Phaswana as joint chairman with effect from 1 June 2013. He will replace Cyril Ramaphosa who, as announced in January, stepped down at the conclusion of the Annual General Meetings on 3 May 2013.



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