Canal+ to Make History with JSE Listing Today – First French Company on Johannesburg’s Main Board

French media and entertainment giant Canal+ is set to list on the Johannesburg Stock Exchange today, Wednesday, June 3, 2026, becoming the first French company ever to trade on Africa’s largest stock exchange.

This secondary inward listing comes after Canal+ completed its takeover of MultiChoice, the owner of DStv, in 2025. The move fulfills a commitment Canal+ made to South African competition authorities as a condition of acquiring MultiChoice, and it restores a local investment route for South African and African investors into the combined business.

Key facts about the listing:

- Listing date: June 3, 2026 (today) - Share code: CNP - Sector: Media – Radio & TV Broadcasters - Listing type: Fast-track secondary inward introduction of all 992 million ordinary shares - Primary listing: Canal+ remains primarily listed on the London Stock Exchange (since December 16, 2024) - Fungibility: JSE shares are fully fungible with London shares, with same-day movement via a direct link between Strate and Euroclear - Regulatory approval: The South African Reserve Bank’s Financial Surveillance Department approved the listing and classified it as “domestic,” allowing South African residents to hold and trade Canal+ shares without affecting their foreign investment allowances

The JSE granted approval using its fast-track listing process, signaling strong confidence in Canal+ and reinforcing the exchange’s role as a regional hub for media and technology companies.

For investors in Kenya and across Africa, this listing is significant because it:

- Opens access to a major pan-African pay-TV and media group through a familiar African exchange - Ties together Canal+’s international reach with MultiChoice’s deep footprint in Sub-Saharan Africa - Provides liquidity and tradability for shares on an African exchange alongside London

Canal+ reported strong early-2026 performance, with group revenue up 41% year-on-year to 2.16 billion euros in Q1 2026, and the company says it is delivering cost synergies from the MultiChoice acquisition as planned.

Today’s listing marks a milestone not just for Canal+, but for African capital markets: a major European media group choosing the JSE as its secondary home, and African investors gaining direct access to a transformed broadcaster that now controls both Canal+’s international content and MultiChoice’s DStv platform.