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MultiChoice Group Ltd (MCGJ.J)

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Latest Key Developments (Source: Significant Developments)

MultiChoice Announces Acquisition Of Up To 20% Of Shares In Phuthuma Nathi And Phuthuma Nathi 2
Friday, 30 Aug 2019 

Aug 30 (Reuters) - MultiChoice Group Ltd ::JSE: MCG - PROPOSED ACQUISITION BY MULTICHOICE OF UP TO 20% OF THE SHARES IN PHUTHUMA NATHI AND PHUTHUMA NATHI 2.MULTICHOICE GROUP LTD - IN TERMS OF PROPOSED ACQUISITION AN EXCHANGE RATIO OF 0.97 MCG SHARES FOR EVERY 1 PN SHARE HELD WILL BE APPLIED..MULTICHOICE - DEAL TO RESULT IN CO BUYING UP TO 9 MILLION SHARES IN PN1, UP TO 4.5 MILLION SHARES IN PN2.MULTICHOICE GROUP LTD - DEAL TO RESULT IN ISSUING UP TO 13.1 MILLION MCG ORDINARY SHARES IN CONSIDERATION TO PARTICIPATING PN SHAREHOLDERS.  Full Article

Supersport, South African Broadcasting Corp Enter Agreement For Free To Air PSL Broadcast
Friday, 23 Aug 2019 

Aug 23 (Reuters) - MultiChoice Group Ltd ::CO'S SUPERSPORT, SOUTH AFRICAN BROADCASTING CORPORATION ENTER COMMERCIAL AGREEMENT TO ALLOW FREE TO AIR BROADCAST OF PSL.AGREEMENT BETWEEN SUPERSPORT AND SABC FOR PSL BROADCAST IS FOR FIVE YEARS.  Full Article

Multichoice Group Sees FY Trading Profit Up Between 9% And 13% Higher Than Last Year
Monday, 10 Jun 2019 

June 10 (Reuters) - MultiChoice Group Ltd ::MULTICHOICE GROUP LTD - FY TRADING PROFIT IS EXPECTED TO BE BETWEEN 9% (R0.6BN) AND 13% (R0.8BN) HIGHER THAN PRIOR YEAR.MULTICHOICE - IMPROVED FINANCIAL PERFORMANCE MAINLY DRIVEN BY SOLID SUBSCRIBER GROWTH AND A REDUCTION IN LOSSES IN REST OF AFRICA SEGMENT.MULTICHOICE GROUP LTD - EXPECTS CORE HEADLINE EARNINGS PER SHARE FOR FY BETWEEN 8% (30 ZAR CENTS) AND 12% (45 ZAR CENTS) HIGHER THAN PRIOR YEAR.MULTICHOICE - COMPARED TO PRIOR YEAR, EXPECTS LPS FOR CURRENT PERIOD TO BE BETWEEN 673 ZAR CENTS AND 739 ZAR CENTS LOWER THAN PRIOR YEAR.MULTICHOICE GROUP LTD - FY HEADLINE LOSS PER SHARE FOR CURRENT PERIOD IS EXPECTED TO BE BETWEEN 724 ZAR CENTS AND 800 ZAR CENTS LOWER THAN PRIOR YEAR.  Full Article

Multichoice Says Prudential's Clients Holds 5.37 Pct, Allan Gray's Clients Holds 10.1 Pct Of Co
Thursday, 28 Mar 2019 

March 28 (Reuters) - MultiChoice Group Ltd ::MULTICHOICE - TOTAL INTEREST IN ORDINARY SHARES OF COMPANY HELD BY PRUDENTIAL'S CLIENTS NOW AMOUNTS TO 5.37% OF TOTAL ISSUED ORDINARY SHARES.MULTICHOICE GROUP LTD - TOTAL INTEREST IN ORDINARY SHARES OF COMPANY HELD BY ALLAN GRAY'S CLIENTS NOW AMOUNTS TO 10.0774%.  Full Article

Multichoice Group Says Allan Gray Proprietary Now Holds 5.5563 Pct Of Co
Monday, 11 Mar 2019 

March 11 (Reuters) - MultiChoice Group Ltd ::MULTICHOICE GROUP - ALLAN GRAY PROPRIETARY ACQUIRED INTEREST IN CO, INTERESTS OF SECURITIES OF CO IS TO 5.5563% OF TOTAL ORDINARY SHARES IN ISSUE.  Full Article

Naspers Announces Unbundling Of Multichoice Shares To Co
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Naspers Ltd ::UNBUNDLING OF MULTICHOICE SHARES TO NASPERS.TO FACILITATE UNBUNDLING AND LISTING MULTICHOICE WAS INCORPORATED AS A WHOLLY OWNED SUBSIDIARY OF MIH HOLDINGS PROPRIETARY LIMITED.PROPOSES TO UNBUNDLE VIDEO ENTERTAINMENT BUSINESS HELD BY MULTICHOICE TO HOLDERS OF ITS "N" & "A" ORDINARY SHARES, RESPECTIVELY.TO DISTRIBUTE 43.9M MULTICHOICE SHARES TO NASPERS SHAREHOLDERS.CASH PROCEEDS OF SALE OF FRACTIONAL ENTITLEMENTS PAYABLE TO SHAREHOLDERS HOLDING "A" ORDINARY TO BE PAID NET OF ANY APPLICABLE TAXES/COSTS.TO IMPLEMENT UNBUNDLING BY PRO RATA DISTRIBUTION IN SPECIE OF SHARES OF NO PAR VALUE IN MULTICHOICE FOR NO CONSIDERATION TO CO'S SHAREHOLDERS.  Full Article