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

MULTICHOICE GROUP LIMITED - Disclosure of Significant Holding of MultiChoice Ordinary Shares

Release Date: 14/10/2025 17:45
Code(s): MCG     PDF:  
Wrap Text
Disclosure of Significant Holding of MultiChoice Ordinary Shares

MULTICHOICE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2018/473845/06)
JSE and A2X Share code: MCG
ISIN: ZAE000265971
("MultiChoice" or the "Company")


DISCLOSURE OF SIGNIFICANT HOLDING OF MULTICHOICE ORDINARY SHARES


In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Act"), regulation
121(2)(b) of the Companies Regulations, 2011 and paragraph 3.83(b) of the JSE Limited Listings
Requirements, holders of ordinary shares in MultiChoice are advised that MultiChoice has
received formal notification, in terms of section 122(1) of the Act, that Groupe Canal+ S.A.S
("Canal+") has acquired an additional interest in the ordinary shares of the Company, such that
the total interest in the ordinary shares of the Company held by Canal+ now amounts to 76.70%
of the Company's total ordinary shares in issue.

As required in terms of section 122(3)(a) of the Act, MultiChoice has filed the required notice
with the Takeover Regulation Panel.

As set out in the joint announcement published by Canal+ and the Company on 13 October
2025 ("Joint Announcement") Canal+ has received additional acceptances of its ongoing
mandatory offer to MultiChoice shareholders in respect of a further 79 095 429 MultiChoice
Shares, which, once settled and acquired, will increase Canal+'s total interest in the ordinary
shares of the Company to 94.39%.

MultiChoice Shareholders are referred to the Joint Announcement for further information
regarding Canal+'s intended course of action regarding the Company.

The board of directors of MultiChoice accepts responsibility for the information contained in
this announcement as it relates to the Company and confirms that, to the best of its knowledge
and belief, such information relating to the Company is true and that this announcement does
not omit anything likely to affect the importance of such information.


Randburg

14 October 2025

JSE Sponsor to MultiChoice
Merchantec Capital

Date: 14-10-2025 05:45:00
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.