BRIEF-S.Africa's Naspers says subsidiary applies for JSE listing of Novus Holdings
Feb 18 (Reuters) - Naspers Ltd
* Intention to list Novus Holdings Limited on the JSE Limited
* Media24 Holdings (Proprietary) limited ("Media24"), a subsidiary of Naspers, has applied for a JSE listing of Novus, a subsidiary of Media24
* Listing will be effected via a private placement of Novus shares held by Media24. Media24 will remain majority shareholder of Novus
* In financial year ended 31 March 2014 novus achieved revenues of r3,969 million and an operating profit r649 million Source text for Eikon: Further company coverage:
© Thomson Reuters 2017 All rights reserved.