Mark Sorour sells ZAR35 million worth of Naspers shares

Mark Sorour

Mark Sorour,  the current Chief Investment Officer at Naspers has sold ZAR35 575 136.40 worth of his shares in Naspers.

The disclosure was contained in a filing released by Naspers Limited.

It would be recalled that Mrs D Sorour, the wife of Mark Sorour also sold ZAR494, 407,011 worth of shares in the company in January of this year.

Mark Sorour joined the Naspers group in 1994, heading up business development and corporate finance throughout Africa, the Middle East, Thailand, China, Europe, USA and Asia.

Following assignments located in Hong Kong and Amsterdam, he returned to Cape Town in 2002 as the group chief investment officer. Since then he has had global responsibility for equity capital markets and mergers and acquisitions activities.

 

Mr Sorour is a qualified chartered accountant (SA) holding a BCom and DipAcc. On 16 April 2014 he was appointed alternate executive director on the Naspers board and then an executive director on 15 January 2015.