LONDON: Prosus N.V. announces that it has entered into an agreement to sell 13,582,342 ordinary shares in Delivery Hero SE 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.
In August 2025, the European Commission approved Prosus N.V. acquisition of Just Eat Takeaway.com, subject to commitments by Prosus to significantly reduce its shareholding in Delivery Hero.
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.