MultiChoice Group Limited, listed on the Johannesburg Stock Exchange (JSE), disclosed multiple share transactions. These transactions involve its restricted share plans, directors, a major subsidiary director, and the group company secretary. The company provided detailed information in compliance with JSE Listings Requirements.
Irdeto Restricted Share Unit Plan
Date: 12 June 2024
Nature of Transaction: On-market purchase
Purpose: To settle restricted share awards
Number of Securities: 1,191
Class of Securities: Ordinary shares
Purchase Price per Share: R109.40
Value of Transaction: R130,295.40
Nature of Interest: Direct, non-beneficial
Director Byron du Plessis’ Transactions
Transaction 1:
Date: 13 June 2024
Nature of Transaction: On-market sale of vested shares
Shares Awarded Under: MultiChoice Group Restricted Share Plan Trust
Number of Securities: 43,174
Selling Price per Share: R106.00
Value of Transaction: R4,576,444.00
Nature of Interest: Direct, beneficial
Transaction 2:
Date: 13 June 2024
Nature of Transaction: On-market sale of shares
Number of Securities: 9,154
Selling Price per Share: R109.89
Value of Transaction: R1,005,933.06
Nature of Interest: Direct, beneficial
Group Company Secretary Carmen Miller’s Transaction
Date: 13 June 2024
Nature of Transaction: On-market sale of vested shares
Shares Awarded Under: MultiChoice Group Restricted Share Plan Trust
Number of Securities: 36,935
Selling Price per Share: R106.00
Value of Transaction: R3,915,110.00
Nature of Interest: Direct, beneficial
Director Richard Tessendorf’s Transactions
Transaction 1:
Date: 13 June 2024
Nature of Transaction: Off-market vesting and on-market sale
Shares Awarded Under: MultiChoice Group Restricted Share Plan Trust
Number of Securities: 3,045
Volume Weighted Average Sale Price per Share: R106.0003
Highest Selling Price: R106.01
Lowest Selling Price: R106.00
Value of Transaction: R322,770.91
Nature of Interest: Direct, beneficial
Director Doug Lowther’s Transactions
Transaction 1:
Date: 13 June 2024
Nature of Transaction: Off-market vesting and on-market sale
Shares Awarded Under: MultiChoice Group Restricted Share Plan Trust
Number of Securities Sold: 23,951
Selling Price per Share: R106.25
Value of Sale Transaction: R2,544,793.75
Nature of Interest: Direct, beneficial
Transaction 2:
Date: 13 June 2024
Nature of Transaction: Exercise of RSUs and on-market sale
RSU Award Date: 31 March 2021
Number of RSUs Exercised: 5,174
Number of Shares Received: 34,828
Selling Price per Share: R106.40
Value of Transaction: R1,901,474.40
Nature of Interest: Direct, beneficial
Additional Purchases Under Irdeto Restricted Share Unit Plan
Transaction 1:
Date: 13 June 2024
Nature of Transaction: On-market purchase
Number of Securities: 23,517
Volume Weighted Average Purchase Price: R106.7005
Value of Purchase: R2,509,275.69
Nature of Interest: Direct, non-beneficial
Transaction 2:
Date: 14 June 2024
Nature of Transaction: On-market purchase
Number of Securities: 18,283
Volume Weighted Average Purchase Price: R107.5812
Value of Purchase: R1,966,907.34
Nature of Interest: Direct, non-beneficial
Summary of Transactions
| Date | Director/Entity | Transaction Type | Number of Shares | Price per Share (R) | Transaction Value (R) |
|---|---|---|---|---|---|
| 12 June 2024 | Irdeto Restricted Share Unit Plan | On-market purchase | 1,191 | 109.40 | 130,295.40 |
| 13 June 2024 | Byron du Plessis | On-market sale | 43,174 | 106.00 | 4,576,444.00 |
| 13 June 2024 | Byron du Plessis | On-market sale | 9,154 | 109.89 | 1,005,933.06 |
| 13 June 2024 | Carmen Miller | On-market sale | 36,935 | 106.00 | 3,915,110.00 |
| 13 June 2024 | Richard Tessendorf | Off-market vesting and sale | 3,045 | 106.0003 | 322,770.91 |
| 13 June 2024 | Doug Lowther | Off-market vesting and sale | 23,951 | 106.25 | 2,544,793.75 |
| 13 June 2024 | Doug Lowther | RSU exercise and sale | 17,871 | 106.40 | 1,901,474.40 |
| 13 June 2024 | Irdeto Restricted Share Unit Plan | On-market purchase | 23,517 | 106.7005 | 2,509,275.69 |
| 14 June 2024 | Irdeto Restricted Share Unit Plan | On-market purchase | 18,283 | 107.5812 | 1,966,907.34 |
Conclusion
MultiChoice Group Limited’s recent share transactions reflect significant activity by its directors and restricted share plans. The disclosed transactions comply with JSE Listings Requirements, ensuring transparency and adherence to regulations. Shareholders should stay informed and consult professional advisers if needed.