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

MULTICHOICE GROUP LIMITED - Dealings in securities by the Share Unit Plan

Release Date: 10/07/2024 15:00
Code(s): MCG     PDF:  
Wrap Text
Dealings in securities by the Share Unit Plan

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")

DEALINGS IN SECURITIES BY THE SHARE UNIT PLAN

In compliance with the Listings Requirements of the JSE Limited ("JSE Listings Requirements"),
the following transaction is disclosed:

 Name of share scheme                 :     The Irdeto Restricted Share Unit Plan
 Date of transaction                  :     4 July 2024
 Nature of transaction                :     On-market purchase of ordinary shares
 Number of securities                 :     158
 Class of securities                  :     Ordinary shares
 Purchase price per share             :     R106.19
 Value of purchase                    :     R16 778.02
 Clearance obtained                   :     Clearance has been received in terms of paragraph 3.66
                                            of the JSE Listings Requirements
 Nature of interest                   :     Direct, non- beneficial

Randburg
10 July 2024

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.

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: 10-07-2024 03:00:00
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.