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

Release Date: 23/09/2024 15:20
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 transactions are disclosed:

 Name of share scheme                 :     The Irdeto Restricted Share Unit Plan
 Date of transaction                  :     18 September 2024
 Nature of transaction                :     On-market purchase of ordinary shares to settle
                                            restricted share awards granted in terms of the Irdeto
                                            Restricted Share Unit Plan.
 Number of securities                 :     969
 Class of securities                  :     Ordinary shares
 Purchase price per share             :     R107.35
 Value of purchase                    :     R104 022.15
 Clearance obtained                   :     Clearance has been received in terms of paragraph 3.66
                                            of the JSE Listings Requirements
 Nature of interest                   :     Direct, non- beneficial

Randburg
23 September 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: 23-09-2024 03:20:00
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