Canal+ Begins Trading On Johannesburg Stock Exchange Fulfilling MultiChoice Acquisition Regulatory Commitment

Canal+ began trading on the Johannesburg Stock Exchange (JSE) on Wednesday as a secondary listing, fulfilling a local regulatory commitment tied to its acquisition of pan-African media and entertainment company MultiChoice Group last year.

Under the move, Canal+ becomes the first ever French company to list on the JSE, with the entry giving local investors access to the group’s stock with rand-denominated transactions, while its first listing remains at the London Stock Exchange (LSE) where it listed in 2024.

“Joining the Johannesburg Stock Exchange is a statement of our ambition and illustrates our belief in Africa’s future and its creative industry,” said Canal+ CEO Maxime Saada.

“We are proud to become the first French company ever to list in Johannesburg and the only global media and entertainment company listed on the exchange.

“Following our listing on the London Stock Exchange 18 months ago, this dual listing reinforces our ambition to be a bridge between Europe and Africa and anchors our dual-continental approach, consolidating our unique position in the global media and entertainment industry.”

Canal+ completed its $3.2B acquisition of Multichoice in October 2025, giving it access to more than 50 countries on the African continent as well as premium sports rights and a network of local content producers.

The Paris-based group now has operations in more than 70 countries and, per its own figures, more than 18 million subscribers in 12 countries in Europe, and another 23 million subscribers in Africa.