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SENS announcements by various companies regarding updates on major shareholders
Date: 30 April 2019 Category: Stock Market |
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In the last couple of days a few companies released SENS announcements regarding major shareholders and changes in their holdings of the firms in question. We take look at announcements from Sun International , MultiChoice Group and Trencor.
And for those that don't know what SENS is. SENS stands for securities exchange news service. And its the official medium through which listed firms communicate news to the the markets and shareholders. |
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So lets take a look at a few of the most recent SENS annoucements
MultiChoice Group (MCG)
Start SENS
In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Act"), and section 3.83(b) of the JSE Limited Listings Requirements ("Listings Requirements"), holders of ordinary shares in the Company are advised that the Company has received a formal notification in terms of Section 122(1) of the Act from Coronation Asset Management (Pty) Ltd that the clients of Coronation Group ("Coronation") have, in aggregate, acquired an interest in the ordinary shares of the Company, such that the total interest in the ordinary shares of the Company held by Coronation clients now amounts to 5.30% of the total issued ordinary shares of the Company. As required in terms of section 122(3)(a) of the Act, MultiChoice has filed the required notices with the Takeover Regulation Panel.
Randburg
29 April 2019
Sponsor: Rand Merchant Bank (a division of FirstRand Bank Limited)
Important notice
Shareholders should take note that, pursuant to a provision of the MultiChoice memorandum of incorporation, MultiChoice is permitted to reduce the voting rights of shares in MultiChoice (including MultiChoice shares deposited in terms of the American Depositary Share ("ADS") facility) so that the aggregate voting power of MultiChoice shares that are presumptively owned or held by foreigners to South Africa (as envisaged in the MultiChoice memorandum of incorporation) will not exceed 20% of the total voting power in MultiChoice. This is to ensure compliance with certain statutory requirements applicable to South Africa.
For this purpose MultiChoice will presume in particular that:
- all MultiChoice shares deposited in terms of the MultiChoice ADS facility are owned or held by foreigners to South Africa, regardless of the actual nationality of the MultiChoice ADS holder; and
- all shareholders with an address outside of South Africa on the register of MultiChoice will be deemed to be foreigners to South Africa, irrespective of their actual nationality or domicilium, unless such shareholder can provide proof, to the satisfaction of the MultiChoice board, that it should not be deemed to be a foreigner to South Africa, as envisaged in article 40.1.3 of the MultiChoice memorandum of incorporation. Shareholders are referred to the provisions of the MultiChoice memorandum of incorporation available at www.multichoice.com for further detail. If shareholders are in any doubt as to what action to take, they should seek advice from their broker, attorney or other professional adviser. About
MultiChoice Group
MultiChoice Group is Africa's leading multi-channel digital satellite and pay-television destination, offering its 14 million customers access to a world of entertainment, anywhere, anytime. MultiChoice has been in operation for the past 20 years and through its flagship product brand, DStv, the company delivers the latest and most compelling local and international content to millions of households across Africa. The company’s ongoing commitment to innovation and technology advancement resulted in the creation of its iconic high definition PVR decoder, the DStv Explora – which won the Product of the Year for 2015. Through its corporate social investment, MultiChoice actively participates in social transformation, ongoing investment in local content, job creation and skills development - which in turn strengthens the television and broadcasting industry and contributes to the South African economy.
About MultiChoice Africa
MultiChoice Africa is a video entertainment provider, and our role is to enrich lives. Our mission is to deliver value to our customers by making great entertainment more accessible to millions of people across Africa – anytime, anywhere via multiple platforms including Direct-To-Home satellite (DTH) platform - DStv (www.dstv.com), a Digital Terrestrial Television (DTT) platform - GOtv (www.gotvafrica.com) as well as Video-On-Demand and OTT platforms Showmax and DStv Now. Whether it’s local telenovelas, the excitement of world-class sport or the latest global blockbusters, our investment in leading-edge content and technology systems deliver the shows that people love into their hands and homes. Born and bred in Africa, MultiChoice Africa is managed and run by local people with a team of more than 2750 full-time and over 14 000 contractors and independent agencies and accredited installers who collectively deliver the greatest entertainment in the world to more than 49 countries across Sub-Saharan Africa. Our business has grown hand-in-hand with local economies by forging long-term partnerships with governments, national broadcasters and entrepreneurs and as the continent’s leading funder of sport and local productions, we’ve built skills and capacity to improve the quality of content we offer through our flagship corporate shared value initiative, MultiChoice Talent Factory (MTF)(www.multichoicetalentfactory.com). It’s by creating value for our customers, our employees and society that we will continue to build a successful business for the future. Visit www.multichoiceafrica.com for more information.
About Irdeto
Irdeto is the world leader in digital platform security, protecting platforms and applications for video entertainment, video games, connected transport and IoT connected industries. Irdeto’s solutions and services enable customers to protect their revenue, create new offerings and fight cybercrime. With 50 years of expertise in security, Irdeto’s software security technology and cyberservices protect over 5 billion devices and applications for some of the world’s best-known brands. With a unique heritage in security innovation, Irdeto is the well-established and reliable partner to build a secure future where people can embrace connectivity without fear. Please visit Irdeto at www.irdeto.com.
End SENS
So the take away from this SENS is the fact that Coronation Fund Managers now hold 5.3% of the issued shares in MultiChoice via their various funds that they manage on behalf of their clients
Start SENS
In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Act"), and section 3.83(b) of the JSE Limited Listings Requirements ("Listings Requirements"), holders of ordinary shares in the Company are advised that the Company has received a formal notification in terms of Section 122(1) of the Act from Coronation Asset Management (Pty) Ltd that the clients of Coronation Group ("Coronation") have, in aggregate, acquired an interest in the ordinary shares of the Company, such that the total interest in the ordinary shares of the Company held by Coronation clients now amounts to 5.30% of the total issued ordinary shares of the Company. As required in terms of section 122(3)(a) of the Act, MultiChoice has filed the required notices with the Takeover Regulation Panel.
Randburg
29 April 2019
Sponsor: Rand Merchant Bank (a division of FirstRand Bank Limited)
Important notice
Shareholders should take note that, pursuant to a provision of the MultiChoice memorandum of incorporation, MultiChoice is permitted to reduce the voting rights of shares in MultiChoice (including MultiChoice shares deposited in terms of the American Depositary Share ("ADS") facility) so that the aggregate voting power of MultiChoice shares that are presumptively owned or held by foreigners to South Africa (as envisaged in the MultiChoice memorandum of incorporation) will not exceed 20% of the total voting power in MultiChoice. This is to ensure compliance with certain statutory requirements applicable to South Africa.
For this purpose MultiChoice will presume in particular that:
- all MultiChoice shares deposited in terms of the MultiChoice ADS facility are owned or held by foreigners to South Africa, regardless of the actual nationality of the MultiChoice ADS holder; and
- all shareholders with an address outside of South Africa on the register of MultiChoice will be deemed to be foreigners to South Africa, irrespective of their actual nationality or domicilium, unless such shareholder can provide proof, to the satisfaction of the MultiChoice board, that it should not be deemed to be a foreigner to South Africa, as envisaged in article 40.1.3 of the MultiChoice memorandum of incorporation. Shareholders are referred to the provisions of the MultiChoice memorandum of incorporation available at www.multichoice.com for further detail. If shareholders are in any doubt as to what action to take, they should seek advice from their broker, attorney or other professional adviser. About
MultiChoice Group
MultiChoice Group is Africa's leading multi-channel digital satellite and pay-television destination, offering its 14 million customers access to a world of entertainment, anywhere, anytime. MultiChoice has been in operation for the past 20 years and through its flagship product brand, DStv, the company delivers the latest and most compelling local and international content to millions of households across Africa. The company’s ongoing commitment to innovation and technology advancement resulted in the creation of its iconic high definition PVR decoder, the DStv Explora – which won the Product of the Year for 2015. Through its corporate social investment, MultiChoice actively participates in social transformation, ongoing investment in local content, job creation and skills development - which in turn strengthens the television and broadcasting industry and contributes to the South African economy.
About MultiChoice Africa
MultiChoice Africa is a video entertainment provider, and our role is to enrich lives. Our mission is to deliver value to our customers by making great entertainment more accessible to millions of people across Africa – anytime, anywhere via multiple platforms including Direct-To-Home satellite (DTH) platform - DStv (www.dstv.com), a Digital Terrestrial Television (DTT) platform - GOtv (www.gotvafrica.com) as well as Video-On-Demand and OTT platforms Showmax and DStv Now. Whether it’s local telenovelas, the excitement of world-class sport or the latest global blockbusters, our investment in leading-edge content and technology systems deliver the shows that people love into their hands and homes. Born and bred in Africa, MultiChoice Africa is managed and run by local people with a team of more than 2750 full-time and over 14 000 contractors and independent agencies and accredited installers who collectively deliver the greatest entertainment in the world to more than 49 countries across Sub-Saharan Africa. Our business has grown hand-in-hand with local economies by forging long-term partnerships with governments, national broadcasters and entrepreneurs and as the continent’s leading funder of sport and local productions, we’ve built skills and capacity to improve the quality of content we offer through our flagship corporate shared value initiative, MultiChoice Talent Factory (MTF)(www.multichoicetalentfactory.com). It’s by creating value for our customers, our employees and society that we will continue to build a successful business for the future. Visit www.multichoiceafrica.com for more information.
About Irdeto
Irdeto is the world leader in digital platform security, protecting platforms and applications for video entertainment, video games, connected transport and IoT connected industries. Irdeto’s solutions and services enable customers to protect their revenue, create new offerings and fight cybercrime. With 50 years of expertise in security, Irdeto’s software security technology and cyberservices protect over 5 billion devices and applications for some of the world’s best-known brands. With a unique heritage in security innovation, Irdeto is the well-established and reliable partner to build a secure future where people can embrace connectivity without fear. Please visit Irdeto at www.irdeto.com.
End SENS
So the take away from this SENS is the fact that Coronation Fund Managers now hold 5.3% of the issued shares in MultiChoice via their various funds that they manage on behalf of their clients
Sun International (SUI)
About SUI
The Sun International group has interests in, and provides management services to businesses in the hotel, resort, casino and gambling industry. Below the SENS released by the group which states that PSG asset management owns a pretty healthy chuk of their listed shares.
Start SENS
In accordance with Section 122 (3) (b) of the Companies Act, No. 71 of 2008 and Section 3.83 (b) of the JSE Listings Requirements, shareholders are hereby advised that on 29 April 2019, the Company received formal notification from PSG Asset Management (Pty) Ltd that, as a result of a series of trades for and on behalf of its clients, it had acquired additional ordinary shares of Sun International. Accordingly and following the notice which was dated 26 April 2019, PSG Asset Management (Pty) Ltd now holds 10.02% of the total issued ordinary share capital of the Company.
Johannesburg
30 April 2019
End SENS
Trencor (TRE)
About TRE
Trencor has interests in owning, leasing, managing and trading marine cargo containers worldwide. Below their latest SENS regarding Sanlam now owning more than 5% of their shares.
Start SENS
In accordance with the JSE Limited Listings Requirements and Section 122 of the Companies Act 71 of 2008 ("the Act"), shareholders are advised that Sanlam Investment Management (Pty) Ltd, acting as agent of its clients, has formally notified the Company that its total beneficial interest in the Company has increased from 4,98% to 5,15%. As required in terms of section 122(3)(a) of the Act, the Company has filed the required notice with the Takeover Regulation Panel.
Trencor Services (Pty) Ltd Secretaries
30 April 2019
End SENS
About SUI
The Sun International group has interests in, and provides management services to businesses in the hotel, resort, casino and gambling industry. Below the SENS released by the group which states that PSG asset management owns a pretty healthy chuk of their listed shares.
Start SENS
In accordance with Section 122 (3) (b) of the Companies Act, No. 71 of 2008 and Section 3.83 (b) of the JSE Listings Requirements, shareholders are hereby advised that on 29 April 2019, the Company received formal notification from PSG Asset Management (Pty) Ltd that, as a result of a series of trades for and on behalf of its clients, it had acquired additional ordinary shares of Sun International. Accordingly and following the notice which was dated 26 April 2019, PSG Asset Management (Pty) Ltd now holds 10.02% of the total issued ordinary share capital of the Company.
Johannesburg
30 April 2019
End SENS
Trencor (TRE)
About TRE
Trencor has interests in owning, leasing, managing and trading marine cargo containers worldwide. Below their latest SENS regarding Sanlam now owning more than 5% of their shares.
Start SENS
In accordance with the JSE Limited Listings Requirements and Section 122 of the Companies Act 71 of 2008 ("the Act"), shareholders are advised that Sanlam Investment Management (Pty) Ltd, acting as agent of its clients, has formally notified the Company that its total beneficial interest in the Company has increased from 4,98% to 5,15%. As required in terms of section 122(3)(a) of the Act, the Company has filed the required notice with the Takeover Regulation Panel.
Trencor Services (Pty) Ltd Secretaries
30 April 2019
End SENS