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MULTICHOICE GROUP LIMITED - Dealings in Securities by Directors of Major Subsidiaries and the Group Company Secretary

Release Date: 24/06/2025 17:30
Code(s): MCG     PDF:  
Wrap Text
Dealings in Securities by Directors of Major Subsidiaries and the Group Company Secretary

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 AND THE GROUP COMPANY
SECRETARY

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

Director                             :   Byron du Plessis

Company                              :   MultiChoice (Pty) Ltd and MultiChoice Support Services (Pty)
                                         Ltd
                                         (a major subsidiary of MultiChoice)

Date of transaction                  :   18 June 2025

Nature of transaction                :   On market sale of a portion of the shares awarded under the
                                         MultiChoice Group Restricted Share Plan Trust accepted
                                         18 June 2022.

Class of securities                  :   Ordinary shares

Number of securities                 :   3 726 shares

Volume weighted average sale price   :   R115. 0022
per share

Highest selling price                :   R115.02

Lowest selling price                 :   R115.00

Value of transaction                 :   R428 498.29

Nature of interest                   :   Direct, beneficial

Clearance obtained                   :   Yes


Group company secretary              :   Carmen Miller

Company                              :   MultiChoice

Date of transaction                  :   18 June 2025

Nature of transaction                :   On market sale of a portion of the shares awarded under the
                                         MultiChoice Group Restricted Share Plan Trust accepted 18
                                         June 2022.

Class of securities                  :   Ordinary shares

Number of securities                 :   3 451 shares

Volume weighted average sale price   :   R115.0371
per share

Highest selling price                :   R115.10

Lowest selling price                 :   R115.00

Value of transaction                 :   R396 993.01

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                  :   18 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 18 June 2021 prior to his appointment as a major subsidiary
                                         director.

Class of securities                  :   Ordinary shares

Number of securities                 :   2 467 shares

Volume weighted average sale price   :   R 115.0091
per share

Highest selling price                    R115.03

Lowest selling price                 :   R115.00

Value of transaction                 :   R283 727.42

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                  :   18 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 18 June 2022 prior to his appointment as a major subsidiary
                                         director.

Class of securities                  :   Ordinary shares

Number of securities                 :   3 692 shares

Volume weighted average sale price   :   R115.0003
per share

Highest selling price                :   R115.01

Lowest selling price                 :   R115.00

Value of transaction                 :   R424,581.10

Nature of interest                   :   Direct, beneficial

Clearance obtained                   :   Yes



Director                             :   Doug Lowther

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

                                         (a major subsidiary of MultiChoice)

Date of transaction                  :   18 June 2025

Nature of transaction                :   On market sale of a portion of the shares awarded under the
                                         MultiChoice Group Restricted Share Plan Trust accepted 18
                                         June 2022.

Class of securities                  :   Ordinary shares

Number of securities                 :   5 461 shares

Volume weighted average sale price   :   R115.0245
per share

Highest selling price                :   R115.16

Lowest selling price                 :   R115.00

Value of transaction                 :   R628 149.02

Nature of interest                   :   Direct, beneficial

Clearance obtained                   :   Yes

Randburg
24 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.

Date: 24-06-2025 05:30:00
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