{"id":184733,"date":"2017-07-12T08:29:29","date_gmt":"2017-07-12T06:29:29","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=184733"},"modified":"2017-07-12T08:29:29","modified_gmt":"2017-07-12T06:29:29","slug":"stephen-pacak-cashes-in-on-15000-naspers-shares","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/184733\/stephen-pacak-cashes-in-on-15000-naspers-shares\/","title":{"rendered":"Stephen Pacak cashes in on 15,000 Naspers shares"},"content":{"rendered":"

Naspers non-executive director, Stephen Pacak, cashed in on 15,000 Naspers shares on Tuesday, worth a total value of just below R38 million.<\/p>\n

Naspers, a multinational internet and media group, has seen its share price grow from R450 to in excess of R2,585 over the past five years, giving the company a market cap of more than R1.1 trillion.<\/p>\n

Pacak is a non-executive director on the Naspers board and a director of MultiChoice South Africa, having began his career with Naspers at M-Net in 1988. He is also a former chief financial officer of the group.<\/p>\n

The JSE announced a sale of the shares by the family trust of Steve Pacak on Tuesday, at a price per share of approximately R2,525.<\/p>\n

\n

Read: Naspers earnings soar as revenue climbs to $14.6 billion<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Naspers non-executive director, Stephen Pacak, cashed in on 15,000 Naspers shares on Tuesday, worth a total value of just below R38 million.<\/p>\n","protected":false},"author":10,"featured_media":90918,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[25,107],"class_list":["post-184733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-active","tag-naspers"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/184733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=184733"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/184733\/revisions"}],"predecessor-version":[{"id":184749,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/184733\/revisions\/184749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/90918"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=184733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=184733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=184733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}