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BRIEF-Naspers to unbundle Novus Holdings shares to Naspers shareholders
September 5, 2017 / 3:50 PM / 21 days ago

BRIEF-Naspers to unbundle Novus Holdings shares to Naspers shareholders

Sept 5 (Reuters) - Naspers Ltd:

* UNBUNDLING OF NOVUS HOLDINGS LIMITED SHARES TO NASPERS SHAREHOLDERS

* MEDIA24 HAS SUBSEQUENTLY APPROVED UNBUNDLING OF MAJORITY OF ITS SHAREHOLDING IN NOVUS, BEING 151,786,287 NOVUS SHARES TO NASPERS

* NASPERS - UNBUNDLED NOVUS SHARES WILL BE UNBUNDLED IN RATIO OF 0.34588 NOVUS SHARES AND 0.06918 NOVUS SHARES FOR EVERY ONE NASPERS N SHARE AND EVERY ONE NASPERS A SHARE Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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