Caxton was very clear on its need to get detailed information on Naspers’ control structure, but very vague on the possible harmful effect of … Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Hertzog. Naspers Limited is a multinational consumer Internet company headquartered in South Africa.Its principal operations include online classified advertising, fintech, payments, and food delivery.. Horn added that this structure was not only already established when the company listed, but that it was approved again by shareholders when Naspers’s memorandum of incorporation was … Insider Ownership of Naspers . It’s not something we made up. I reckon it’s a good sign if insiders own a significant number of shares in the company. However, he criticized Naspers’ decision to maintain a two-class share structure system which gives its biggest shareholders extra voting rights in some circumstances. Net sales (excluding discontinued operations) by activity break down as follows: - management of social platforms and digital content (77.6%): via Tencent and Mail.ru; - operation of online sales sites (21.1%): via Classifieds, Etail, Payments, DeliveryHero, MakeMyTrip and Fintech. Meanwhile, the second and third largest shareholders, hold 2.3% and 2.2%, of the shares outstanding, respectively. It’s great to see that Naspers insiders own 1.5% of the company, worth about R16b. NewCo (now named Prosus, and which will list on Euronext) will have the same structure as Naspers shareholders approved previously. Public Investment Corporation Limited is currently the largest shareholder, with 16% of shares outstanding. Naspers’s control structure means that it could never be subject to a hostile takeover. Deliver long-term shareholder value through disciplined capital allocation, differentiated execution and strong financial performance. Suppliers and partners. Hofmeyr; the company launched with the support of Jan Christiaan Smuts, Louis Botha, and National Party founding president J.B.M. The Naspers share-price discount to the value of its Internet-heavy portfolio of assets is growing even amid a post-pandemic shift to digital technology. Founded in 1915 by Jannie Marais of Coetsenburg and attorney W.A. Naspers is not owned by hedge funds. Shares in South Africa-based Naspers have climbed this year, pulled up more than 30% by the jewel in the crown, the company’s 31% stake in Chinese Internet giant Tencent . So, I think that argument is flawed. Van Dijk: The structure has been in place for a long time and has been approved by our shareholders. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. Naspers Ltd (ZA:NPN) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. 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