French Media Company Groupe Canal+ SA (“Groupe Canal+”) Acquires Additional Shares In Multichoice
French Media Company Groupe Canal+ SA (“Groupe Canal+”) Acquires Additional Shares In Multichoice. French Media Company Groupe Canal+ SA (“Groupe Canal+”) has acquired an additional interest in the ordinary shares of Multichoice, such that the total interest in the ordinary shares of the company held by Groupe Canal+ now amounts to 20.12% of the Company’s total ordinary shares in issue.
MultiChoice remains committed to acting in the best interest of all shareholders and to create sustainable long-term shareholder value. While the Group regularly engages investors with its strategic partners and maintains an open dialogue with the investment community, its policy is not to comment on its individual shareholders nor on its interactions with them.
Groupe Canal+ is a French mass media company. It is owned and controlled by Vivendi and has a film library in excess of 5,000 films. Vivendi has sold some parts of Canal Plus to private investors which are still using the name of Canal Plus. It is headquartered in Issy-les-Moulineaux, in the suburbs of Paris. Vivendi is a world leader in culture, entertainment, media and communication. Creation in all its diversity and the revelation of talent are at the heart of Vivendi’s strategy. All its activities contribute to this, in particular audiovisual (Canal+ Group), publishing (Editis), magazine press (Prisma Media) and video games (Gameloft)
MultiChoice is a South African company that operates DStv, a major satellite television service in Sub-Saharan Africa and GOtv, a minor service operating in over 9 countries of this area and Showmax service. The company is proud to say that we uss the power of entertainment to enrich lives. It achieves this goal through showcasing compelling local and international stories, which bring people together around a shared passion. As Africa’s leading entertainment company, it creates and Secures the rights to phenomenal content from all over the world.
