Prosus N.V.: Disposal of Avito Group

Author's Avatar
Oct 14, 2022

Prosus N.V. (Prosus) (AEX and JSE: PRX): Shareholders are referred to the public statements made by Naspers Limited and Prosus (together with their subsidiaries and affiliates, the Group) on 24 March 2022 and 20 May 2022, and in the Prosus results announcement for the year ended 31 March 2022 published on 27 June 2022, in relation to the Group's intention to exit its investment in its Russian classifieds businesses and operations (the Avito Group), and wherein shareholders were informed that the Group had begun searching for an appropriate purchaser (the Statements on Avito).