Currently viewing: Our group structure | Next: Our investment case

Our group structure

(1) Foreign voting rights are capped at 20% due to section 64 of the Electronic Communications Act No 36 of 2005 in South Africa and the group’s memorandum of incorporation (MOI).
(2) Listed on Equity Express Securities Exchange (EESE) and owns 25% of MultiChoice South Africa.
(3) The MultiChoice Group’s combined direct and indirect effective interest in MultiChoice South Africa is 76.8%, comprising a 75.0% direct stake, a 1.4% indirect stake via Phuthuma Nathi, and a 0.4% indirect stake via the consolidated Enterprise Development Trust. Phuthuma Nathi shareholders own the remaining 23.2%.
(4) Post-year-end, we announced our intention to increase our stake in BetKing from 20% to 49% subject to conditions precedent.