PRX – NPN – Collaborative Investor Letter To Boards

Background to collective engagement We, the undersigned co-signatories, are a group of 36 asset managers and investors, who collectivelyrepresent total assets under our management of more than ZAR 3,6 trillion. The investor groupingincluded here represents clients who are Prosus (PRX) shareholders; Naspers (NPN) shareholders;shareholders in both entities, and potential shareholders. We have noted the PRX voluntary shareexchange offer for NPN [...]

2021-09-27T08:08:59+02:00June 9th, 2021|

Naspers dissidence admitted

For the first time media and internet group Naspers has separately disclosed the voting details of its listed N shares, revealing the extent of opposition to its remuneration policy and other governance issues. The results showed that 57% of N shareholders opposed the group’s remuneration policy at Friday’s unprecedented three-hour long annual general meeting (AGM), [...]

2021-09-27T08:08:47+02:00August 27th, 2018|

Naspers: CEO Bob van Dijk’s total cash take for 2018 was R32m, not R1.6bn

Naspers has denied that its CEO Bob van Dijk reportedly earned R1.6bn in the year ended March 31, 2018, saying that he has not yet cashed in his share options. According to Naspers' remuneration report, Van Dijk earned $2.4m (about R32m) in cash in the year ended March 31. This includes a salary of $1.332m [...]

2018-08-22T14:11:44+02:00July 25th, 2018|

Naspers shareholders call for clarity on CEO’s R1.6bn boon

In this article by Ann Crotty in the Business Day, we read about the remuneration package that Naspers CEO Bob van Dijk collected during the financial year.  Aeon Investment Management, Asief Mohamed comments on shareholder efforts to vote against this type of remuneration policies by the board of Naspers. Read this important article here

2018-08-22T13:42:31+02:00July 24th, 2018|
Go to Top