Try our mobile app

Dealings in Securities by Directors of Major Subsidiaries, the Group Company Secretary and Share Schemes

Published: 2025-06-19 17:37:29 ET
<<<  go to JSE:MCG company page
MULTICHOICE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2018/473845/06)
JSE and A2X Share code: MCG
ISIN: ZAE000265971
(“MultiChoice” and “MCG”)

DEALINGS IN SECURITIES BY DIRECTORS OF MAJOR SUBSIDIARIES, THE GROUP COMPANY
SECRETARY AND SHARE SCHEMES

In compliance with the JSE Limited Listings Requirements, the following information relating to
dealings in securities by directors of a major subsidiary, the group company secretary, the Irdeto
Restricted Share Unit Plan and the Phantom Performance Share Plan, and is disclosed:

 Director                                :   Byron du Plessis

 Company                                 :   MultiChoice Africa Holdings B.V

                                             (a major subsidiary of MultiChoice)

 Date of transaction                     :   12 June 2025

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

 Class of securities                     :   Ordinary shares

 Number of securities                    :   5 024 shares

 Volume weighted average price per       :   R115.0893
 security:

 Highest selling price                   :   R115.40

 Lowest selling price                    :   R115.00

 Value of transaction                    :   R578 208.40

 Nature of interest                      :   Direct, beneficial

 Clearance obtained                      :   Yes



 Group Company Secretary                 :   Carmen Miller

 Company                                 :   MultiChoice

 Date of transaction                     :   12 June 2025

 Nature of transaction                   :   On market sale of shares awarded under the MultiChoice
                                             Group Restricted Share Plan Trust accepted 10 June 2020.

 Class of securities                     :   Ordinary shares
Number of securities                 :   5 388 shares

Volume weighted average sale price   :   R115.7902
per security

Highest selling price                :   R115.95

Lowest selling price                 :   R115.05

Value of transaction                 :   R623 877.34

Nature of interest                   :   Direct, beneficial

Clearance obtained                   :   Yes



Director                             :   Richard Tessendorf

Company                              :   MultiChoice Africa Holdings B.V and MultiChoice Group
                                         Holdings B.V

                                         (a major subsidiary of MultiChoice)

Date of transaction                  :   12 June 2025

Nature of transaction                :   On market sale of a portion of the shares awarded under the
                                         MultiChoice Group Restricted Share Plan Trust and accepted
                                         on 10 June 2020 prior to his appointment as a major subsidiary
                                         director.

Class of securities                  :   Ordinary shares

Number of securities                 :   1 398 shares

Selling price per share              :   R115.00

Value of transaction                 :   R160 770

Nature of interest                   :   Direct, beneficial

Clearance obtained                   :   Yes



Name of share scheme                 :   The Irdeto Restricted Share Unit Plan

Date of transaction                  :   12 June 2025

Nature of transaction                :   On-market purchase of ordinary shares
Class of securities                  :   Ordinary shares

Number of securities                 :   2 698

Volume weighted average price per    :   R115.9924
security
Highest purchase price per share     :   R116.00
Lowest purchase price per share         R115.98

Value of purchase                   :   R312 947.54

Nature of interest                  :   Direct, non- beneficial
Clearance obtained                  :   Yes



Name of share scheme                :   Phantom Performance Share Plan

Date of transaction                 :   12 June 2025

Nature of transaction               :   On-market purchase of ordinary shares

Class of securities                 :   Ordinary shares
Number of securities                :   12 583

Volume weighted average price per   :   R115.5729
security
Highest purchase price per share    :   R115.64

Lowest purchase price per share     :   R115.45
Value of purchase                   :   R1 454 253.75

Nature of interest                  :   Direct, non- beneficial

Clearance obtained                  :   Yes



Name of share scheme                :   The Irdeto Restricted Share Unit Plan

Date of transaction                 :   13 June 2025

Nature of transaction               :   On-market purchase of ordinary shares
Number of securities                :   1 371

Class of securities                 :   Ordinary shares
Purchase price per share            :   R115.37

Value of purchase                   :   R158 172.27

Nature of interest                  :   Direct, non- beneficial

Clearance obtained                  :   Yes



Name of share scheme                :   Phantom Performance Share Plan

Date of transaction                 :   17 June 2025

Nature of transaction               :   On-market purchase of ordinary shares
 Class of securities                     :   Ordinary shares

 Number of securities                    :   16 625

 Volume weighted average price per       :   R115.8517
 security
 Highest purchase price per share        :   R116.00

 Lowest purchase price per share         :   R115.77

 Value of purchase                       :   R1 926 034.28

 Nature of interest                      :   Direct, non- beneficial
 Clearance obtained                      :   Yes



Randburg
19 June 2025

Sponsor
Merchantec Capital


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.
Shareholders are further referred to ruling issued by the Takeover Regulation Panel on 27 February
2024, which ruling deals with the MultiChoice memorandum of incorporation. Shareholders can
access the ruling on the Company's website at
https://www.investors.multichoice.com/regulatory.php.

If shareholders are in any doubt as to what action to take, they should seek advice from their broker,
attorney or other professional adviser.