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Dealings in securities by Multichoice Group Restricted Share Plan Trust
MULTICHOICE GROUP LIMITED
(formerly MultiChoice Group Proprietary Limited and K2018473845 (South Africa) Proprietary 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 MULTICHOICE GROUP RESTRICTED SHARE PLAN TRUST
In compliance with the Listings Requirements of the JSE Limited, the following information relating to the
dealings in securities by the MultiChoice Group Restricted Share Plan Trust is disclosed:
Trust : MultiChoice Group Restricted Share Plan Trust
(“Share Trust”)
Company : MultiChoice Group Limited
Date of transaction : 21 June 2019
Class of securities : Ordinary shares
Nature of transaction : Off-market acquisition of shares by the Share
Trust to enable it to comply with its obligations
in terms of the MultiChoice Group Restricted
Share Plan
Number of securities : 5 549 545
Purchase price per share* : R126.6753
Total value of transaction : R702 990 278
Nature of interest : Direct beneficial
Clearance obtained : Yes
* Based on the 30-day volume weighted average price.
Randburg
26 June 2019
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.
About MultiChoice Group
MultiChoice Group is Africa's leading multi-channel digital satellite and pay-television destination, offering
its 14 million customers access to a world of entertainment, anywhere, anytime. MultiChoice has been in
operation for the past 20 years and through its flagship product brand, DStv, the Company delivers the
latest and most compelling local and international content to millions of households across Africa. The
Company’s ongoing commitment to innovation and technology advancement resulted in the creation of its
iconic high definition PVR decoder, the DStv Explora – which won the Product of the Year for 2015.
Through its corporate social investment, MultiChoice actively participates in social transformation,
ongoing investment in local content, job creation and skills development - which in turn strengthens the
television and broadcasting industry and contributes to the South African economy.
About MultiChoice Africa
MultiChoice Africa is a video entertainment provider, and our role is to enrich lives. Our mission is to deliver
value to our customers by making great entertainment more accessible to millions of people across Africa
– anytime, anywhere via multiple platforms including Direct-To-Home satellite (DTH) platform - DStv
(www.dstv.com), a Digital Terrestrial Television (DTT) platform - GOtv (www.gotvafrica.com) as well as
Video-On-Demand and OTT platforms Showmax and DStv Now. Whether it’s local telenovelas, the
excitement of world-class sport or the latest global blockbusters, our investment in leading-edge content
and technology systems deliver the shows that people love into their hands and homes. Born and bred in
Africa, MultiChoice Africa is managed and run by local people with a team of more than 2750 full-time and
over 14 000 contractors and independent agencies and accredited installers who collectively deliver the
greatest entertainment in the world to more than 49 countries across Sub-Saharan Africa. Our business
has grown hand-in-hand with local economies by forging long-term partnerships with governments, national
broadcasters and entrepreneurs and as the continent’s leading funder of sport and local productions, we’ve
built skills and capacity to improve the quality of content we offer through our flagship corporate shared
value initiative, MultiChoice Talent Factory (MTF) (www.multichoicetalentfactory.com). It’s by creating value
for our customers, our employees and society that we will continue to build a successful business for the
future. Visit www.multichoiceafrica.com for more information.
About Irdeto
Irdeto is the world leader in digital platform security, protecting platforms and applications for video
entertainment, video games, connected transport and IoT connected industries. Irdeto’s solutions and
services enable customers to protect their revenue, create new offerings and fight cybercrime. With 50
years of expertise in security, Irdeto’s software security technology and cyberservices protect over 5 billion
devices and applications for some of the world’s best-known brands. With a unique heritage in security
innovation, Irdeto is the well-established and reliable partner to build a secure future where people can
embrace connectivity without fear. Please visit Irdeto at www.irdeto.com.
For more information contact:
Joe Heshu, Group Executive of Corporate Benedict Maaga, Senior Manager of
Affairs Corporate Communications
Tel: +27 11 289 3952 Tel: +27 11 289 3312
Mobile: +27 60 973 6776 Mobile: +27 79 501 1785
Email: Jabavu.heshu@multichoice.co.za Benedict.maaga@multichoice.co.za
www.multichoice.com
Date: 26/06/2019 04:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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