Prosus CEO buys around $10 mln of company’s shares on open market – statement

Prosus’ brand is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration

AMSTERDAM, Jan 7 (Reuters) – The main government of Prosus NV (PRX.AS), Bob van Dijk, has ordered about $10 million of the firm’s shares on the open current market, the organization claimed on Friday in a assertion.

The CEO’s purchases, registered with the Dutch financial marketplaces authority AFM, ended up 122,750 shares purchased at an typical cost all over 71.90 euros, Prosus said.

“Buying extra Prosus shares demonstrates my personal conviction that our businesses have had outstanding momentum and that their price is not at all mirrored in the stock,” Van Dijk mentioned in a statement.

Prosus shares, which frequently trade in line with the firm’s greatest asset, a 28.9{067fe502a31e650c5185733df64156900ec267ebfd90cbebf0b3fe89b5b413d8} stake in Chinese computer software giant Tencent (0700.HK), have retreated considering that achieving a significant higher than 109 euros in February. They shut unchanged in proportion terms on Friday at 70.95 euros.

Reporting by Toby Sterling Enhancing by Susan Fenton and Louise Heavens

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