French media conglomerate and the MultiChoice Group’s new owner, Groupe Canal+, announced that its shares will begin trading on the Johannesburg Stock Exchange on 3 June 2026.
“The JSE has granted approval to Canal+ for a secondary listing, by way of introduction using the fast-track listing process, of all its issued ordinary shares,” Canal+ stated.
Canal+ said it has 991,959,494 ordinary shares in issue with a nominal value of €0.25 (R4.84) each. They will launch on the JSE’s main board under the abbreviated name “CANALPLUS”, share code “CNP”.
“The Financial Surveillance Department of the South African Reserve Bank has approved the fast-track secondary inward listing of CANAL+ on the JSE, which will be classified as ‘domestic’.”
This comes five months after MultiChoice delisted from the stock exchange on 10 December 2025. It had been on the JSE for 6 years and 9 months, and was delisted following its acquisition by Canal+.
Canal+ stated that it will be the first French company to trade its shares on the South African stock exchange.
The French media giant confirmed that it would pursue a secondary listing on the JSE in October 2025. Groupe Canal+ is already listed on the London Stock Exchange.
The secondary listing was part of the undertakings Canal+ made to the Competition Commission when it sought approval to acquire MultiChoice.
The London Stock Exchange, where Canal+’s primary listing will remain, offers a “Secondary Listing” section that is self-regulated. It is designed for firms that wish to add a foreign listing.
Canal+ said a secondary listing on the JSE will preserve South African investor access and market liquidity.
The company had committed to a nine-month timeframe for its secondary listing, aiming to have its shares trading on the JSE before September 2026.
The DStv owner was originally owned by Naspers, but the MultiChoice Group was spun out into a separate listing in February 2019, with an opening share price of R95 per share.
Naspers said the unbundling aimed to unlock value for shareholders, while simultaneously creating an empowered, top-40 JSE-listed African entertainment company.
“Listing and unbundling MultiChoice Group is intended to create a leading entertainment business listed on the JSE that is profitable and cash generative,” former MultiChoice chairman Imtiaz Patel said.
“We offer an unmatched selection of local and original content, as well as a world-class sports offering.”
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