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Dealings in securities by share plan, directors, director of a major subsidiary and group company secretary

Published: 2023-06-21 18:45:22 ET
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MULTICHOICE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2018/473845/06)
JSE Share Code: MCG
ISIN: ZAE000265971
(“MultiChoice” or “the Company")


DEALINGS IN SECURITIES BY THE IRDETO RESTRICTED SHARE UNIT PLAN, DIRECTORS, DIRECTOR OF
A MAJOR SUBSIDIARY AND GROUP COMPANY SECRETARY

In terms of paragraphs 3.63 – 3.74 of the Listings Requirements of the JSE Limited (“JSE Listings
Requirements”), the following transactions are disclosed:


 Director                                :   Byron du Plessis

 Company                                 :   MultiChoice Africa Holdings B.V

                                             (a major subsidiary of MultiChoice)

 Date of transaction                     :   14 June 2023

 Nature of transaction                   :   On market sale of a portion of the shares awarded under the
                                             MultiChoice Group Restricted Share Plan Trust accepted in
                                             June 2020.

 Class of securities                     :   Ordinary shares

 Number of securities                    :   4 940 shares

 Selling price per share                 :   R95.80

 Value of transaction                    :   R473 252.00

 Nature of interest                      :   Direct, beneficial

 Clearance obtained                      :   Clearance has been received in terms of paragraph 3.66 of the
                                             JSE Listings Requirements



 Group company secretary                 :   Carmen Miller

 Company                                 :   MultiChoice

 Date of transaction                     :   14 June 2023

 Nature of transaction                   :   On market sale of shares awarded under the MultiChoice
                                             Group Restricted Share Plan Trust accepted in June 2020.

 Class of securities                     :   Ordinary shares

 Number of securities                    :   5 386 shares
Selling price per share    :   R95.46

Value of transaction       :   R514 147.56

Nature of interest         :   Direct, beneficial

Clearance obtained         :   Clearance has been received in terms of paragraph 3.66 of the
                               JSE Listings Requirements



Name of share scheme       :   The Irdeto Restricted Share Unit Plan

Date of transaction        :   15 June 2023

Nature of transaction      :   On-market purchase of ordinary shares

Number of securities       :   15 399

Class of securities        :   Ordinary shares

Purchase price per share   :   R97.47

Value of purchase          :   R1 500 940,53

Clearance obtained         :   Clearance has been received in terms of paragraph 3.66 of the
                               JSE Listings Requirements

Nature of interest         :   Direct, non- beneficial



Director                   :   Byron du Plessis

Company                    :   MultiChoice Africa Holdings B.V

                               (a major subsidiary of MultiChoice)

Date of transaction        :   19 June 2023

Nature of transaction      :   On market sale of a portion of the shares awarded under the
                               MultiChoice Group Restricted Share Plan Trust accepted in
                               June 2019.

Class of securities        :   Ordinary shares

Number of securities       :   2 602 shares

Selling price per share    :   R93.35

Value of transaction       :   R242 896.70

Nature of interest         :   Direct, beneficial

Clearance obtained         :   Clearance has been received in terms of paragraph 3.66 of the
                               JSE Listings Requirements
Group company secretary           :   Carmen Miller

Company                           :   MultiChoice

Date of transaction               :   19 June 2023

Nature of transaction             :   On market sale of shares awarded under the MultiChoice
                                      Group Restricted Share Plan Trust accepted in June 2019.

Class of securities               :   Ordinary shares

Number of securities              :   2 031 shares

Selling price per share           :   R91.80

Value of transaction              :   R186 445.80

Nature of interest                :   Direct, beneficial

Clearance obtained                :   Clearance has been received in terms of paragraph 3.66 of the
                                      JSE Listings Requirements



Director                          :   Maarten Koning

Company                           :   MultiChoice Africa Holdings B.V. (a major subsidiary of
                                      MultiChoice)

Date of transaction               :   19 June 2023

Nature of transaction             :   On market sale of shares awarded under the MultiChoice
                                      Group Restricted Share Plan Trust accepted in June 2019.

Class of securities               :   Ordinary shares

Number of securities              :   4 105 shares

Volume weighted average selling   :   R91.8925
price per share

Highest selling price per share       R92.00

Lowest selling price per share    :   R91.70

Value of transaction              :   R377 218.70

Nature of interest                :   Direct, beneficial

Clearance obtained                :   Clearance has been received in terms of paragraph 3.66 of the
                                      JSE Listings Requirements



Director                          :   Tom de Vries
Company                                   :   MultiChoice Africa Holdings B.V. (a major subsidiary of
                                              MultiChoice)
Date of transaction                       :   19 June 2023
Nature of transaction                     :   On market sale of shares awarded under the MultiChoice
                                              Group Restricted Share Plan Trust accepted in June 2019.
Class of securities                       :   Ordinary shares
Number of securities                      :   1 368 shares
Volume weighted average selling           :   R92.7708
price per share
Highest selling price per share               R95.00

Lowest selling price per share            :   R91.80

Value of transaction                      :   R126 910.40
Nature of interest                        :   Direct, beneficial
Clearance obtained                        :   Clearance has been received in terms of paragraph 3.66 of the
                                              JSE Listings Requirements


Name of share scheme                      :   The Irdeto Restricted Share Unit Plan
Date of transaction                       :   21 June 2023
Nature of transaction                     :   On-market purchase of ordinary shares
Number of securities                      :   3 588
Class of securities                       :   Ordinary shares
Purchase price per share                  :   R93.69
Value of purchase                         :   R336 159.72
Clearance obtained                        :   Clearance has been received in terms of paragraph 3.66 of the
                                              JSE Listings Requirements
Nature of interest                        :   Direct, non- beneficial



Director                              :       Calvo Mawela
Company                               :       MultiChoice
Date of transaction                   :       21 June 2023
Nature of transaction                 :       Off market acceptance of awards of restricted shares in terms
                                              of the MultiChoice Group Restricted Share Plan Trust
Class of securities                   :       Ordinary shares
Number of securities                  :       219 152 shares
Price per share                       :       R96.99
Value of transaction                  :       R21 255 552.48
Nature of interest                    :       Direct, beneficial
Clearance obtained                    :       Clearance has been obtained in terms of paragraph 3.66 of the
                                              JSE Listings Requirements



Director                          :           Tim Jacobs
Company                           :           MultiChoice
Date of transaction               :           21 June 2023
Nature of transaction     :   Off market acceptance of awards of restricted shares in terms
                              of the MultiChoice Group Restricted Share Plan Trust
Class of securities       :   Ordinary shares
Number of securities      :   125 636 shares
Price per share           :   R96.99
Value of transaction      :   R12 185 435.64
Nature of interest        :   Direct, beneficial
Clearance obtained        :   Clearance has been obtained in terms of paragraph 3.66 of
                              the JSE Listings Requirements



Director                  :   Byron Du Plessis
Company                   :   MultiChoice
Date of transaction       :   21 June 2023
Nature of transaction     :   Off market acceptance of awards of restricted shares in terms
                              of the MultiChoice Group Restricted Share Plan Trust
Class of securities       :   Ordinary shares
Number of securities      :   65 107 shares
Price per share           :   R96.99
Value of transaction      :   R6 314 727.93
Nature of interest        :   Direct, beneficial
Clearance obtained        :   Clearance has been obtained in terms of paragraph 3.66 of the
                              JSE Listings Requirements



Group company secretary   :   Carmen Miller
Company                   :   MultiChoice
Date of transaction       :   21 June 2023
Nature of transaction     :   Off market acceptance of awards of restricted shares in terms
                              of the MultiChoice Group Restricted Share Plan Trust
Class of securities       :   Ordinary shares
Number of securities      :   49 289 shares
Price per share           :   R96.99
Value of transaction      :   R4 780 540.11
Nature of interest        :   Direct, beneficial
Clearance obtained        :   Clearance has been obtained in terms of paragraph 3.66 of the
                              JSE Listings Requirements



Director                  :   Calvo Mawela
Company                   :   MultiChoice
Date of transaction       :   21 June 2023
Nature of transaction     :   Off market acceptance of awards of scheme units in terms of
                              the MultiChoice Group Phantom Performance Share Plan,
                              settled in MultiChoice ordinary shares
Class of securities       :   Ordinary shares
Number of securities      :   121 913 shares
Price per share         :   R34.87
Value of transaction    :   R4 251 106.31
Nature of interest      :   Direct, beneficial
Clearance obtained      :   Clearance has been obtained in terms of paragraph 3.66 of the
                            JSE Listings Requirements



Director                :   Tim Jacobs
Company                 :   MultiChoice
Date of transaction     :   21 June 2023
Nature of transaction   :   Off market acceptance of awards of scheme units in terms of
                            the MultiChoice Group Phantom Performance Share Plan,
                            settled in MultiChoice ordinary shares
Class of securities     :   Ordinary shares
Number of securities    :   69 891 shares
Price per share         :   R34.87
Value of transaction    :   R2 437 099.17
Nature of interest      :   Direct, beneficial
Clearance obtained      :   Clearance has been obtained in terms of paragraph 3.66 of
                            the JSE Listings Requirements



Director                :   Byron Du Plessis
Company                 :   MultiChoice
Date of transaction     :   21 June 2023
Nature of transaction   :   Off market acceptance of awards of scheme units in terms of
                            the MultiChoice Group Phantom Performance Share Plan and
                            to be settled in MultiChoice ordinary shares
Class of securities     :   Ordinary shares
Number of securities    :    36 218 shares
Price per share         :   R34.87
Value of transaction    :   R1 262 921.66

Nature of interest      :   Direct, beneficial
Clearance obtained      :   Clearance has been obtained in terms of paragraph 3.66 of the
                            JSE Listings Requirements



Director                :   Tom De Vries
Company                 :   MultiChoice Africa Holdings B.V. (a major subsidiary of
                            MultiChoice)
Date of transaction     :   21 June 2023
Nature of transaction   :   Off market acceptance of awards of units in terms of the Irdeto
                            Restricted Share Unit Plan, settled in MultiChoice ordinary
                            shares
Class of securities     :   Ordinary shares
Number of securities    :   1 366 shares
Price per share         :   $ 51.22
Value of transaction    :   USD69 966.52
Nature of interest      :   Direct, beneficial
Clearance obtained      :   Clearance has been obtained in terms of paragraph 3.66 of the
                            JSE Listings Requirements



Director                :   Calvo Mawela
Company                 :   MultiChoice
Date of transaction     :   21 June 2023
Nature of transaction   :   Off market acceptance of awards of scheme units in terms of
                            the Showmax Restricted Share Plan, settled in MultiChoice
                            ordinary shares
Class of securities     :   Ordinary shares
Number of securities    :   5 357 shares
Price per share         :   $27,50
Value of transaction    :   USD147 317.50
Nature of interest      :   Direct, beneficial
Clearance obtained      :   Clearance has been obtained in terms of paragraph 3.66 of the
                            JSE Listings Requirements



Director                :   Tim Jacobs
Company                 :   MultiChoice
Date of transaction     :   21 June 2023
Nature of transaction   :   Off market acceptance of awards of scheme units in terms of
                            the Showmax Restricted Share Plan and to be settled in
                            MultiChoice ordinary shares
Class of securities     :   Ordinary shares
Number of securities    :   3 071 shares
Price per share         :   $27,50
Value of transaction    :   USD84 452.50
Nature of interest      :   Direct, beneficial
Clearance obtained      :   Clearance has been obtained in terms of paragraph 3.66 of the
                            JSE Listings Requirements



Director                :   Byron Du Plessis
Company                 :   MultiChoice
Date of transaction     :   21 June 2023
Nature of transaction   :   Off market acceptance of awards of scheme units in terms of
                            the Showmax Restricted Share Plan and to be settled in
                            MultiChoice ordinary shares
Class of securities     :   Ordinary shares
Number of securities    :   1 591 shares
Price per share         :   $27,50
Value of transaction    :   USD43 752.50
 Nature of interest                  :     Direct, beneficial
 Clearance obtained                  :     Clearance has been obtained in terms of paragraph 3.66 of the
                                           JSE Listings Requirements

Restricted shares awarded in terms of the MultiChoice Group Restricted Share Plan Trust vest 100%
after 3 years, calculated from 18 June 2023 and subject to performance and employment conditions.

Scheme units awarded in terms of the MultiChoice Group Phantom Performance Share Plan vest 50%
in year 4 and 50% in year 5, calculated from 20 June 2023 and subject to performance and employment
conditions.

Scheme units awarded in terms of the Irdeto Restricted Share Unit Plan vest 50% in year 3 and 50%
in year 4, calculated from 20 June 2023 and subject to employment conditions.

Scheme units awarded in terms of the Showmax Restricted Share Plan vest 100% after 3 years,
calculated from 20 June 2023 and subject to performance and employment conditions.

Randburg
21 June 2023

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)


Important notice
Shareholders should take note that, pursuant to a provision of the MultiChoice memorandum of
incorporation, MultiChoice is permitted to reduce the voting rights of shares in MultiChoice
(including MultiChoice shares deposited in terms of the American Depositary Share ("ADS") facility)
so that the aggregate voting power of MultiChoice shares that are presumptively owned or held by
foreigners to South Africa (as envisaged in the MultiChoice memorandum of incorporation) will not
exceed 20% of the total voting power in MultiChoice. This is to ensure compliance with certain
statutory requirements applicable to South Africa. For this purpose, MultiChoice will presume in
particular that:
    • all MultiChoice shares deposited in terms of the MultiChoice ADS facility are owned or held
        by foreigners to South Africa, regardless of the actual nationality of the MultiChoice ADS
        holder; and
    • all shareholders with an address outside of South Africa on the register of MultiChoice will
        be deemed to be foreigners to South Africa, irrespective of their actual nationality or
        domicilium, unless such shareholder can provide proof, to the satisfaction of the
        MultiChoice board, that it should not be deemed to be a foreigner to South Africa, as
        envisaged in article 40.1.3 of the MultiChoice memorandum of incorporation.

Shareholders are referred to the provisions of the MultiChoice memorandum of incorporation
available at www.multichoice.com for further detail. If shareholders are in any doubt as to what
action to take, they should seek advice from their broker, attorney or other professional adviser.