The Bank of New York announced today that Naspers Limited has selected the Bank as depositary for its NASDAQ listed American depositary receipt (ADR) program. One ADR equals ten ordinary shares and trades on NASDAQ under the symbol “NPSN.” The company’s ordinary shares trade on the JSE Securities Exchange South Africa.
Naspers is a multinational media group with its principal operations in pay television and Internet subscriber platforms, print media, book publishing, private education and technology markets.
The group’s activities are conducted through subsidiaries, joint ventures and associated companies. Naspers’ most significant operations are located in South Africa, and it has major operations elsewhere in Africa, as well as in Greece, Cyprus and Asia.