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Dealings in securities

Published: 2022-06-13 18:46:27 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” or “the Group”)

DEALINGS IN SECURITIES BY SHARE INCENTIVE SCHEMES AND DEALINGS IN SECURITIES BY A
DIRECTOR OF THE COMPANY, A DIRECTOR OF A MAJOR SUBSIDIARY AND GROUP COMPANY
SECRETARY

In compliance with the JSE Limited Listings Requirements, the following transactions are disclosed:

 Name of share scheme                             :       Irdeto Holdings BV 2012 share appreciation rights
                                                          (SARs) plan
 Date of transaction                              :       13 June 2022
 Nature of transaction                            :       On-market purchase of ordinary shares
 Number of securities                             :       16 320
 Class of securities                              :       Ordinary shares
 Volume weighted average purchase price per       :       R124.0045
 share
 Highest purchase price per share                 :       R124.06
 Lowest purchase price per share                  :       R123.97
 Value of purchase                                :       R2 023 752.63
 Clearance obtained                               :       Clearance has been received in terms of
                                                          paragraph 3.66 of the JSE Listings Requirements
 Nature of interest                               :       Direct, non- beneficial

 Name of share scheme                             :       The Irdeto Restricted Share Unit Plan
 Date of transaction                              :       13 June 2022
 Nature of transaction                            :       On-market purchase of ordinary shares
 Number of securities                             :       6 878
 Class of securities                              :       Ordinary shares
 Purchase price per share                         :       R123.97
 Value of purchase                                :       R852 665.66
 Clearance obtained                               :       Clearance has been received in terms of
                                                          paragraph 3.66 of the JSE Listings Requirements
 Nature of interest                               :       Direct, non- beneficial
Director                                    :   Tim Jacobs
Company                                     :   MultiChoice
Date of transaction                         :   10 June 2022
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                        :   9 670 shares
Price per share                             :   R128.50
Value of transaction                        :   R1 242 595.00
Nature of interest                          :   Direct, beneficial
Clearance obtained                          :   Clearance has been received in terms of paragraph
                                                3.66 of the JSE Listings Requirements

Director                                    :   Byron du Plessis
Company                                     :   MultiChoice Africa Holdings B.V.
                                                (a major subsidiary of MultiChoice)
Date of transaction                         :   10 June 2022
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                        :   4 999 shares
Volume weighted average selling price per   :   R128.5184
share
Highest selling price per share             :   R128.53
Lowest selling price per share              :   R128.50
Value of transaction                        :   R642 463.70
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                         :   10 June 2022
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                        :   2 457 shares
Price per share                             :   R128.50
Value of transaction                        :   R315 724.50
Nature of interest                          :   Direct, beneficial
Clearance obtained                          :   Clearance has been received in terms of paragraph
                                                3.66 of the JSE Listings Requirements
Randburg
13 June 2022

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.