Naspers Limited (JSE: NPN) (LSE: NPSN) CEO, Koos Bekker, announced today that Eben Greyling, CEO of the Naspers pay-television segment, has decided to take a break and pursue new interests after more than 18 years with the group.

Bekker said: “Eben has been instrumental in building our successful pay-TV businesses across the continent. Under his leadership over the last five years the subscriber base and turnover of the pay-TV businesses more than doubled. We thank him for his great contribution and sterling service to the group. We wish him all the best as he takes a break to prepare for the next phase of his career.”

Greyling, who joined the group in 1996, said: “Working for the Naspers group has been a wonderful journey. I learned a lot, enjoyed great opportunities, we worked hard and had to overcome many challenges, but also had fun in doing so. I am proud to have been part of an amazing team in the Naspers pay-TV business.”

“At the same time we are also pleased to welcome back Jim Volkwyn, who kindly agreed to step back into the business and will take over the reins from 1 April,” said Bekker. The handover process will start immediately and Eben also agreed to be available on an ad hoc basis to provide assistance if required.

More information on the group is available on the website www.naspers.com.

IMPORTANT INFORMATION

This media release contains forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995. Words such as “believe”, “anticipate”, “intend”, “seek”, “will”, “plan”, “could”, “may”, “endeavour” and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements. While these forward-looking statements represent our judgements and future expectations, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations. These include numerous factors that could adversely affect our businesses and financial performance. We are not under any obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements whether as a result of new information, future events or otherwise. Investors are cautioned not to place undue reliance on any forward-looking statements contained herein.

for Naspers LimitedMeloy Horn, Head of Investor RelationsTel: +27 11 289 3320+27 11 289 4446Mobile: +27 82 772 7123

Naspers (NASDAQ:NPSN)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Naspers Charts.
Naspers (NASDAQ:NPSN)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Naspers Charts.