Prosus issued a regulatory notice late on Wednesday afternoon to inform shareholders that a family trust related to its chair, Koos Bekker, sold 2.5 million Prosus shares recently. The sale raised more than €173 million, or over R3.4 billion at the current exchange rate. It seems as though Bekker is looking to spend the cash on architects, builders and fancy furniture.
Bekker family trust share sales Source: Prosus regulatory filling The family trust acquired the Prosus shares as a consequence of owning Naspers shares at the time of the listing of Prosus in September 2019, according to the announcement, which added that the family trust has not sold any Prosus or Naspers shares since 2013.
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