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Prosus Announces Updates to Director’s Shareholdings

Story Highlights
  • Prosus is a major global consumer internet company serving over two billion customers monthly with a focus on online classifieds, food delivery, payments, and fintech.
  • Director Nico Marais exercised his RSUs, retaining some shares while disposing of others for tax obligations, reflecting Prosus’s commitment to transparency in equity management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prosus Announces Updates to Director’s Shareholdings

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Prosus ( (NL:PRX) ) has provided an announcement.

Prosus announced changes in its director Nico Marais’ shareholdings following the exercising of his restricted share units (RSUs) granted in 2021. Marais exercised 2,744 RSUs, disposed of part of the shares to cover taxes, and retained the remaining shares. These updates are in line with corporate governance and transparency practices, emphasizing the company’s commitment to responsible handling of shareholder and management equity incentives.

More about Prosus

Prosus is a global consumer internet group and one of the largest technology investors in the world. The company focuses on building leading consumer internet companies across online classifieds, food delivery, payments, and fintech. With a presence on Euronext Amsterdam and secondary listings in Johannesburg and A2X Markets, its platforms serve over two billion customers monthly, leveraging technology to improve daily lives.

For detailed information about PRX stock, go to TipRanks’ Stock Analysis page.

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