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MultiChoice Group Ltd - Johannesburg-based entertainment company that owns satellite service DStv and Showmax video-on-demand platform - Says Jacques du Puy will retire as an executive director of Canal+ SA and MultiChoice from March 31, 2026. MultiChoice had appointed Du Puy as an executive director of MultiChoice from September 22. Du Puy played a pivotal role in shaping the international growth of Canal+ and will remain fully committed to his roles and responsibilities until his retirement.
Canal+ owns a 94% stake in MultiChoice and is proceeding to ’squeeze out’ remaining MultiChoice shareholders to get 100% ownership. This will pave the way for a secondary inward listing of Canal+ on the Johannesburg Stock Exchange in place of MultiChoice, a company about its same size.
MultiChoice stock price in Johannesburg: R 123.21
12-month change: up 11%
Canal+ stock price in London: 240.42 pence
Listed on LSE in December 2024
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