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Prosus N.V.
(Incorporated in the Netherlands)
(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)
AEX and JSE Share Code: PRX ISIN: NL0013654783
(Prosus)
Prosus sells 5% interest in Delivery Hero to Aspex Management
Transaction represents a c.22% premium to the 30-day VWAP
and advances Prosus' commitments made to the European Commission
Transaction summary
· Prosus N.V. (Prosus) has agreed to sell 15,188,284 ordinary shares in Delivery Hero to Aspex Management, representing approximately 5% of Delivery Hero's issued share capital.
· The sale price is €22.00 per share, representing a c.10% premium to the closing share price and a c.22% premium to the 30-day volume-weighted average price (VWAP) of Delivery Hero shares as of 8 May 2026.
· Total gross proceeds to Prosus from the sale are approximately €335 million.
In August 2025, the European Commission approved Prosus' acquisition of Just Eat Takeaway.com, subject to commitments by Prosus to significantly reduce its shareholding in Delivery Hero. Following Prosus' sale of a 4.5% stake in Delivery Hero to Uber in April 2026, today's transaction represents a further step towards fulfilling those commitments.
Amsterdam, the Netherlands
11 May 2026
JSE sponsor to Prosus
Investec Bank Limited
Enquiries
Media Investor Relations
Charlie Pemberton Eoin Ryan
Group Communications Director Head of Investor Relations
E:[email protected] E: [email protected]
M: +31 615 494 359
Sbu Tshabalala
Head of Communications, South Africa
M: +27 81 431 4855
About Prosus
Prosus is the power behind the world's leading lifestyle ecommerce brands, across Europe, India, and Latin America, unlocking an AI-first world for our 2 billion customers.
The Prosus technology ecosystem spans food delivery, payments, classifieds, travel, events, and mobility. Our integrated approach enhances user engagement and creates the foundation for unprecedented AI capabilities through proprietary data and cross-service intelligence. Through Prosus Ventures, we invest in companies which inspire and support the Prosus ecosystem. We search for new opportunities at the leading edge of AI and ecommerce, the digital AI workforce and in frontier technologies, such as robotics, drones and synbio.
The team actively backs exceptional entrepreneurs who are using technology to improve people's everyday lives.
To find out more, please visit www.prosus.com
General restrictions
This announcement is for information purposes only and does not constitute an offer to sell or issue, or the solicitation of an offer to buy or acquire, any securities of Prosus or Delivery Hero in any jurisdiction.
The distribution of this announcement may, in some countries, be restricted by law or regulation. Persons who come into possession of this announcement should inform themselves of and observe any such restrictions.