MultiChoice Group

Integrated Annual Report 2025
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Share register analysis

as at 31 March 2025

Shareholder spread Number of
shareholdings
% of
shareholdings
Number of
shares
% of issued
capital
1–1 000 28 130 93.84 2 530 466 0.57
1 001–10 000 1 305 4.35 3 783 034 0.85
10 001–100 000 382 1.27 13 342 414 3.02
100 001–1 000 000 123 0.41 34 145 920 7.72
Over 1 000 000 36 0.12 388 710 844 87.84
Total 29 976 100.00 442 512 678 100.00
Shareholder by type Number of
shares FY24
% of issued
capital FY24
Number of
shares FY25
% of issued
capital FY25
Domestic institutions 183 415 135 41.4 124 023 276 28.0
Foreign institutions 42 313 948 9.6 33 764 113 7.6
Corporate stakeholders 162 317 252 36.7 200 090 403 45.2
Private investors 26 651 902 6.0 25 796 484 5.8
Employees 17 749 489 4.0 14 396 225 3.3
Brokers and others 10 064 952 2.3 44 442 197 10.0
Total 442 512 678 100 442 512 678 100.0
Public shareholders vs
non-public shareholders
Number of
shareholdings
% of total
shareholdings
Number of
shares
% of issued
capital
Non-public shareholders 12 0.04 14 404 427 3.26
Directors and associates of MCG and major subsidiaries* 3 0.01 842 833 0.19
Controlling shareholders > 35% voting rights 0 0.00 0 0
Treasury shares 1 0.00 89 461 0.02
Share schemes 2 0.01 13 465 042 3.04
MultiChoice Pension Fund Trustees 6 0.02 7 091 0.00
Public shareholders 29 964 99.96 428 108 251 96.74
Total 29 976 100.00 442 512 678 100.00
  1. * Include direct and indirect holdings

To the best knowledge of the directors, the spread of public shareholders in terms of paragraph 4.25 of the JSE Limited Listings Requirements at 31 March 2025 was 51.54%, represented by 29 967 shareholders holding 228 085 862 ordinary shares in the group.

The non-public shareholders of the group, comprising nine shareholders, holding 48.46% and represented by 214 427 927 ordinary shares, are analysed as:

Non-public shareholders Number of
shares
% of issued
capital
Share schemes 13  465  042 3.04
Treasury shares 89  461 0.02
Directors and associates (MCG and major subsidiaries) 842  833 0.19
Shareholders with >5% interest Number
of shares
% of issued
capital
Groupe Canal+ 200  030  591 45.20
Public Investment Corporation (PIC) 52  049  800 11.76
M&G Investments 36  434  104 8.23
Allan Gray 30  855  126 6.97
Directors’ holdings Direct Indirect Total %
Calvo Mawela 591  177 591  177 0.13
Tim Jacobs 240  058 240  058 0.05
Elias Masilela - - 0.00
Jim Volkwyn - - 0.00
Kgomotso Moroka - - 0.00
Christine Sabwa - - 0.00
Fatai Sanusi - - 0.00
Louisa Stephens - - 0.00
James du Preez - - 0.00
Deborah Klein - - 0.00
Andrea Zappia - - 0.00
Total 831  235 831  235 0.19
Trading data
Opening Price 3 April 2024 (ZAR) 110.20 
Closing Price 31 March 2025 (ZAR) 109.75 
Closing High for period (ZAR) 120.44 
Closing Low for period (ZAR) 100.53 
Number of shares in issue 442 512 678
Volume traded during period 197 254 478 
Ratio of volume traded to shares issued 44.58% 
Rand value traded during the period (ZAR) 21 933 614 617 
Price/earnings ratio as at 31 March 2025 (12.91)
Earnings yield as at 31 March 2025 (7.74)
Dividend yield as at 31 March 2025
Market capitalisation at 31 March 2025 (ZAR) 48 565 766 411