It’s not something we made up. Horn added that this structure was not only already established when the company listed, but that it was approved again by shareholders when Naspers’s memorandum of incorporation was … Meanwhile, the second and third largest shareholders, hold 2.3% and 2.2%, of the shares outstanding, respectively. Naspers Limited is one of the world's leading Internet service providers. Hertzog. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. Shares in South Africa-based Naspers have climbed this year, pulled up more than 30% by the jewel in the crown, the company’s 31% stake in Chinese Internet giant Tencent . Suppliers and partners. Naspers business model - how we create value for stakeholders using the six capitals. Insider Ownership of Naspers . Naspers’s control structure means that it could never be subject to a hostile takeover. Hofmeyr; the company launched with the support of Jan Christiaan Smuts, Louis Botha, and National Party founding president J.B.M. Public Investment Corporation Limited is currently the largest shareholder, with 16% of shares outstanding. Deliver long-term shareholder value through disciplined capital allocation, differentiated execution and strong financial performance. It’s great to see that Naspers insiders own 1.5% of the company, worth about R16b. NewCo (now named Prosus, and which will list on Euronext) will have the same structure as Naspers shareholders approved previously. Caxton was very clear on its need to get detailed information on Naspers’ control structure, but very vague on the possible harmful effect of … However, he criticized Naspers’ decision to maintain a two-class share structure system which gives its biggest shareholders extra voting rights in some circumstances. The Naspers share-price discount to the value of its Internet-heavy portfolio of assets is growing even amid a post-pandemic shift to digital technology. Naspers Limited is a multinational consumer Internet company headquartered in South Africa.Its principal operations include online classified advertising, fintech, payments, and food delivery.. We pursue growth by building leading companies that empower people and enrich communities. Net sales (excluding discontinued operations) by activity break down as follows: - management of social platforms and digital content (77.6%): via Tencent and Mail.ru; - operation of online sales sites (21.1%): via Classifieds, Etail, Payments, DeliveryHero, MakeMyTrip and Fintech. Founded in 1915 by Jannie Marais of Coetsenburg and attorney W.A. Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Naspers is not owned by hedge funds. Van Dijk: The structure has been in place for a long time and has been approved by our shareholders. So, I think that argument is flawed. Naspers Ltd (ZA:NPN) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. CEO Bob van Dijk has now defended the company’s dual structure in an interview with Tech Central.. Bloomberg writer Alex Webb has accused Naspers — or more specifically, the new company Prosus — of being “100 times more … I reckon it’s a good sign if insiders own a significant number of shares in the company. Naspers has been receiving flack for its shareholder structure ahead of the (now postponed) proposed listing of its internet businesses on the Euronext. To a hostile takeover and attorney W.A which will list on Euronext ) will have the same structure as shareholders. Include individual investors, mutual funds, hedge funds, or institutions sign if own. 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