Canal+ delays MultiChoice offer timetable extension to October 2025

MultiChoice Group and Groupe Canal+ S.A. jointly announced an update to the timetable for Canal+'s mandatory offer to acquire all issued ordinary shares of MultiChoice not already owned by Canal+, excluding treasury shares. The Long Stop Date for fulfilling the offer's conditions has been extended from April 8, 2025, to October 8, 2025. This extension aims to ensure shareholders do not rely on the previously published timetable. Canal+ is offering ZAR125.00 per share, payable in cash. The companies will publish the revised "important dates and times" section of the Combined Circular in due course. The Independent Board of MultiChoice affirms the accuracy and completeness of the information related to MultiChoice in the announcement, while Canal+ accepts responsibility for its own related information.