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Phuthuma Nathi Investments (RF) Limited

Integrated annual report 2018

103

Corporate governance review

(continued)

Nature of operations

Phuthuma Nathi Investments (RF) Limited (PN) was incorporated on 19 May 2006 under the laws

of the Republic of South Africa. Its principal activities are to:

h

carry on the main business of holding only MultiChoice South Africa Holdings Proprietary Limited

ordinary shares, cash and such assets as are received and acquired solely by virtue of or in relation

to holding these shares, and

h

receive and distribute dividends and other distributions in terms of its holding in MultiChoice South

Africa Holdings Proprietary Limited.

Shareholder data

PN

As at 31 March

2018

2017

Number of shareholders

83 690

85 674

Closing share price

R86,00

R127,00

For the financial year to 31 March 2017 the total value of share trades was R265m, with

1,9m PN shares traded in 8 567 transactions.

Share trading data

PN

As at 31 March

2018

2017

Total transaction value

R192m

R265m

Number of shares traded

1 625 111

1 942 633

Number of transactions

6 511

8 567

Directors’ report

for the year ended 31 March 2018