To view the PDF file, sign up for a MySharenet subscription.

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

Release Date: 19/06/2025 16:37
Code(s): MCG     PDF:  
Wrap Text
Dealings in Securities by Directors of Major Subsidiaries, the Group Company Secretary and Share Schemes

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.
Date: 19-06-2025 04:37:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.