Phuthi Mahanyele-Dabengwa, the South Africa CEO and director of Naspers, a public company, assumed ownership of 8,870 N ordinary shares. The off-market transaction concluded on June 29 and carries a total value of R7,428,279.07 based on a volume-weighted average price of R837.461.
These shares traded within a range of R818.32 and R849.72 during the period. Mahanyele-Dabengwa, who assumed her executive role in July 2019, executed the acquisition after the restricted options vested in full on June 27, 2026.
The executive received the initial award on June 27, 2023, at a nil base cost. To take delivery of the entire allocation, she settled the applicable taxes and related costs before finalizing the transfer. This approach differs from her prior disclosed financial moves involving share awards. In August 2025, she disposed of Naspers equities valued at almost R240 million to cover tax obligations and associated transaction expenses.
The recent acquisition establishes a direct and beneficial interest for the chief executive. The transaction secured the required clearance according to the listings requirements of the JSE, the exchange that mandates routine corporate disclosures. Market regulations necessitate these public filings to maintain transparency around insider transactions.
