Prosus N.V.
(Incorporated in the Netherlands)
(Legal Entity Identifier: 635400Z5LQ5F9OLVT688)
AEX and JSE Share Code: PRX ISIN: NL0013654783
(Prosus)
PROSUS SELLS 4.5% STAKE IN DELIVERY HERO TO UBER
Transaction represents a c.22% premium to the 1-month VWAP
and advances on Prosus’ commitments to the European Commission
Shareholders are reminded that in August 2025, the European Commission approved Prosus N.V. (“Prosus”) acquisition of Just Eat Takeaway.com, subject to commitments by Prosus to significantly reduce its shareholding in Delivery Hero.
As a result, Prosus announces that it has entered into an agreement to sell 13,582,342 ordinary shares (“shares”) in Delivery Hero SE (“Delivery Hero”) to Uber Technologies, Inc., representing approximately 4.5% of Delivery Hero’s total issued share capital.
The shares are being sold at a price of €20.00 per share, representing a premium of approximately 22% to the 1-month VWAP of Delivery Hero shares as of 16 April 2026. This transaction will result in total gross proceeds to Prosus of approximately €270m. Upon completion of the transaction, Prosus’s interest in Delivery Hero will decrease from 26.3% to 21.8% of the issued share capital.
Prosus remains committed to completing the sale of the remainder of its stake in Delivery Hero within the required regulatory timeframe, with the objective of maximising shareholder value.
Amsterdam, the Netherlands
17 April 2026
JSE sponsor to Prosus
Investec Bank Limited
Enquiries
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Investor Enquiries |
+1 347-210-4305 |
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Media Enquiries |
+31 6 15494359 |
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.
Disclaimer
The Repurchase Programme is being conducted in accordance with Articles 5(1) and 5(3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (“Market Abuse Regulation”) and Articles 2 to 4 of Commission Delegated Regulation (EU) 2016/1052 supplementing the Market Abuse Regulation with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures (the “Delegated Regulation”). This document is issued in connection with the disclosure and reporting obligation set out in Article 2(1) of the Delegated Regulation.
This document contains information that qualifies as inside information within the meaning of Article 7(1) of the Market Abuse Regulation.
This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.
The information contained in this announcement may contain forward-looking statements, estimates and projections. Forward-looking statements involve all matters that are not historical and may be identified by the words “anticipate”, ”believe”, ”estimate”, ”expect”, ”intend”, ”may”, ”should”, ”will”, ”would” and similar expressions or their negatives, but the absence of these words does not necessarily mean that a statement is not forward-looking. These statements reflect Prosus’s intentions, beliefs or current expectations, involve elements of subjective judgement and analysis and are based upon the best judgement of Prosus as of the date of this announcement, but could prove to be wrong. These statements are subject to change without notice and are based on a number of assumptions and entail known and unknown risks and uncertainties. Therefore, you should not rely on these forward-looking statements as a prediction of actual results.
Any forward-looking statements are made only as of the date of this announcement and neither Prosus nor any other person gives any undertaking, or is under any obligation, to update these forward-looking statements for events or circumstances that occur subsequent to the date of this announcement or to update or keep current any of the information contained herein, any changes in assumptions or changes in factors affecting these statements and this announcement is not a representation by Prosus or any other person that they will do so, except to the extent required by law.
