MultiChoice Group lists on the Johannesburg Stock Exchange
MultiChoice Group (MCG) listed on the JSE's Main Board. This is the first JSE listing in 2019. MultiChoice Group includes MultiChoice South Africa, MultiChoice Africa, Showmax Africa, and Irdeto.Calvo Mawela, MultiChoice Group CEO commented: "Today's listing is an important milestone in our exciting journey of growth. As one of the fastest-growing pay-TV broadcast providers globally, our strong financial position at listing is backed by attractive long-term growth opportunities in both subscriber numbers and revenue. MCG has a highly cash generative core with no financial debt, and we are poised to deliver value to our shareholders over time."