diff --git a/perl.changes b/perl.changes
index 4ea53eb..01b488b 100644
--- a/perl.changes
+++ b/perl.changes
@@ -1,3 +1,6 @@
+* Thu Jan 30 2020 Juho Hämäläinen <juho.hamalainen@jolla.com> - 5.16.3-1
+- Update to Perl version 5.16.3.
+
 * Mon Aug 12 2019 Niels Breet <niels.breet@jolla.com> - 5.16.1-3
 - Remove gdbm support
   Fixes JB#46707
diff --git a/perl.spec b/perl.spec
index 5f12308..4f865ab 100644
--- a/perl.spec
+++ b/perl.spec
@@ -1,4 +1,4 @@
-%global perl_version    5.16.1
+%global perl_version    5.16.3
 %global perl_epoch      2
 %global perl_arch_stem -thread-multi
 %global perl_archname %{_arch}-%{_os}%{perl_arch_stem}
@@ -25,7 +25,7 @@
 
 Name:           perl
 Version:        %{perl_version}
-Release:        3
+Release:        1
 Epoch:          %{perl_epoch}
 Summary:        Practical Extraction and Report Language
 Group:          Development/Languages
@@ -93,6 +93,7 @@ BuildRequires: gdbm-devel
 
 # The long line of Perl provides.
 # Compat provides
+Provides: perl(:MODULE_COMPAT_5.16.3)
 Provides: perl(:MODULE_COMPAT_5.16.1)
 Provides: perl(:MODULE_COMPAT_5.16.0)
 Provides: perl(:MODULE_COMPAT_5.12.1)