MULTICHOICE GROUP LIMITED - Dealings in securities by a director of a major subsidiary of the Company

Dealings in securities by a director of a major subsidiary of the Company

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

DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF THE COMPANY

In compliance with the JSE Limited Listings Requirements, the following transactions are disclosed:


 Director                                :   Marc Jury
 Company                                 :   SuperSport International Holdings (Pty) Ltd
                                             (a major subsidiary of MultiChoice)
 Date of transaction                     :   7 Sept 2021
 Class of securities                     :   Ordinary shares
 Nature of interest                      :   Direct, beneficial
 Clearance obtained                      :   Clearance has been received in terms of paragraph 3.66 of the
                                             JSE Listings Requirements
 Nature of transaction                   :   Off market vesting of shares awarded under the MultiChoice
                                             Group Restricted Share Plan Trust on 4 September 2019 and
                                             subsequent on market sale of a portion of the shares to cover
                                             the tax incurred as a result of vesting shares awarded under
                                             the MultiChoice Group Restricted Share Plan Trust on 4
                                             September 2019

 Number of securities vested             :   1949 shares
 Vesting price per share                 :   R112.83 being the closing price of the day prior to vesting (6
                                             Sept 2021)
 Deemed value of transaction             :   R219 905.67


 Number of securities sold               :   890 shares
 Volume weighted average selling         :   R112.7656
 price per share
 Highest selling price per share         :   R112.77
 Lowest selling price per share          :   R112.76
 Value of transaction                    :   R100 361.40



Randburg
8 September 2021
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.

Date: 08-09-2021 05:00:00
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