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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