ata-about-sliders-bg-grey ATA FUND I INVESTMENTS
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TRANSACTION CLOSE DATE

November 2016

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LOCATION

South Africa

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SECTOR

Broadcast Media

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TRANSACTION CLOSE DATE

November 2016

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LOCATION

South Africa

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SECTOR

Broadcast Media

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SHAREHOLDING

30.60%

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TRANSACTION CLOSE DATE

November 2016

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LOCATION

South Africa

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SECTOR

Broadcast Media

Sector: Broadcast Media

Type: Broad-based BEE Investment

Established: 2007 (Phuthuma Nathi 2)

Innovation: An extremely successful Broad-based BEE share scheme designed to give Black investors access to 25% of Multichoice South Africa. Over 80 000 Black shareholders

Status: Multichoice is the dominant player in its sector in Africa

Co-investors: Broad-based BEE investors

Why we invested

  • One of the world’s fastest growing pay-tv and video entertainment operators, with an unparalleled content offering
  • Multichoice has a 30-year+ track record and entertains approximately 14 million households across 50 African countries
  • Strong financial track record; strong cash flow generation; low gearing
  • High dividend yield in Phuthuma Nathi shares

FAIS Act Disclaimer

Ata Capital (Pty) Ltd (Registration Number 2006/028451/07) is an authorised Category I and II Financial Services Provider (“FSP”) in terms of the Financial Advisory and Intermediary Services Act, 37 of 2002 (“FAIS Act”) with FSP number 46869. The information and/or opinions contained herein should not be construed as advice as defined in the FAIS Act; neither do they constitute a solicitation, invitation or investment recommendation. Investors should take cognisance of the fact that there are risks involved when buying, selling or investing in any financial product. The value of investments may fall as well as rise, and investors may not recover the capital invested.

Given that value of investments will fluctuate over time and that past returns may not be indicative of future performance, investors should seek independent professional financial, legal and tax advice relevant to their individual circumstances before making any investment decision. The validity and accuracy of any illustrations, forecasts or hypothetical data are not guaranteed and are provided for illustrative purposes only.

Conflict of Interest

A copy of the latest version of our Conflict of Interest Policy can be obtained by sending an emailed request to info@atacapital.co.za

POPIA Compliance

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