85 / 106
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:
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.
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
2017
2016
Number of shareholders:
85 674
88 448
Closing share price:
R127,00
R136,00
For the financial year to 31 March 2017 the total value of share trades was R265m, with 1,9m PN shares
changing hands in 8 567 transactions.
Share trading data
PN
As at 31 March
2017
2016
Total transaction value
R265m
R439m
Number of shares traded
1 942 633
2 809 865
Number of transactions
8 567
10 700
DIRECTORS’ REPORT
FORTHEYEAR ENDED 31 MARCH 2017
Phuthuma Nathi Investments (RF) Limited
/
Integrated annual report 2017
83
v