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December 15, 2009

TMT feature: Naspers extends BEE deal offer: Francois Groepe - CEO, Media24

Participants in the Naspers BEE deal get another helping hand.

ALEC HOGG: David, it must be really difficult if you are working for a group whose share price has gone from R140 to R300 in the past little while, and you are in the section of the group that isn't doing that well.



That's what's happened at Naspers. Print division - they've got the Welkom Yizani BEE opportunity, where people in 2006 were offered shares, they bought these shares, 107 000 of them, for R10 each.

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Posted by StaffWriter at December 15, 2009 9:48 AM