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21-Sep-2018
(Official Notice)
Shareholders are referred to commentary in the Group?s year-end results on August 22 2018, wherein Bidcorp noted that it was in the process of finalising an agreement with a prospective purchaser to acquire the CD business.



The prospective purchaser has notified Bidcorp that for its own internal reasons, it has decided not to proceed with the transaction.



The CD business remains a non-core activity in respect of Bidcorp?s global foodservice operations. Accordingly, Bidcorp is currently considering alternative proposals which were suspended due to the advanced sale process.



Bidcorp is continuing to implement numerous initiatives to improve the CD business, and these are yielding positive results. The trading performance for the two months to end-August 2018 has delivered a near breakeven position, which is a significant improvement compared to the same period in the previous financial year.



Shareholders will be kept informed of developments in regard to the CD business as and when appropriate.
22-Aug-2018
(C)
16-May-2018
(Official Notice)
21-Feb-2018
(C)
15-Feb-2018
(Official Notice)
In terms of the previously announced transition arrangement, Mr Brian Joffe, will retire from the Bidcorp Chairmanship on March 31st 2018. Mr Stephen Koseff, currently an Independent Non- Executive Director, has agreed to accept the Board?s invitation to assume the role of Independent Non-Executive Chairman, effective March 31st 2018.



The Board expresses its sincere appreciation to Mr Joffe for his services as Chairman, particularly in leading the formation of Bidcorp, as well as its JSE listing on May 30th 2016, which were critical development phases for the Group.
13-Nov-2017
(Official Notice)
09-Nov-2017
(Official Notice)
Bidcorp shareholders were advised that at the AGM of members held on Thursday, November 9 2017, all the ordinary and special resolutions as proposed in the Notice of the AGM were approved by the requisite majority of members.
11-Oct-2017
(Official Notice)
Shareholders were advised that Bidcorp?s summarised consolidated financial statements for the year ended June 30 2017, incorporating the notice of the annual general meeting (?AGM?) and proxy form, were posted to those shareholders who requested a printed copy and emailed to those shareholders who have elected to receive electronic communications today, Wednesday, October 11 2017. Electronic copies of these documents are available for download from the Bidcorp website at www.bidcorpgroup.com.



Shareholders are further advised that the Annual Integrated Report for the year ended June 30 2017 (?AIR 2017?) has also been made available on the company?s website. The AIR 2017 contains no modifications to the audited results of the company released on the Stock Exchange News Service on the JSE on August 24 2017.



Notice of the AGM

Notice was given that the twenty-second AGM of Bidcorp will be held in the boardroom, 2nd Floor North Wing, 90 Rivonia Road, Sandton at 11h30 on Thursday, November 9 2017. The record date for shareholders to attend, participate in and vote at the AGM is Friday, November 3 2017. Accordingly, the last day to trade to attend, participate in and vote at the AGM is Tuesday, October 31 2017.



Publication of Broad-Based Black Economic Empowerment Annual Compliance Report

Shareholders are advised that in accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the Listings Requirements of the JSE, the company?s annual compliance report in terms of section 13G(2) of the Broad-Based Black Empowerment Amendment Act 46 of 2013, has been submitted and is available on the company?s website at www.bidcorpgroup.com.
25-Aug-2017
(Media Comment)
According to Business Report Bid Corporation (Bidcorp), is looking for more growth opportunities in the future as the group continue to diversify in different markets throughout the world. The group operates in 37 countries and it has recently gained footprints in countries like Portugal, Germany and Malaysia. Chief executive Bernard Berson said the group's strategic focus called for the balancing of exposure between contract, national and independent customers.
24-Aug-2017
(C)
17-Aug-2017
(Official Notice)
Bidcorp announces the appointment of Mr Stephen Koseff as an independent non-executive director, with effect from August 16 2017.



17-May-2017
(Official Notice)
05-Apr-2017
(Official Notice)
Bidcorp announced the acquisition of 90% of Guzm?n Gastronom?a and Cuttings (?Guzm?n?), a leading national Spanish multi-temperature foodservice company supplying hotels, restaurants, industrial caterers and other institutions throughout Spain (the ?Acquisition?).



Guzm?n is currently owned by Miura Private Equity and management. Management have agreed to retain a 10% interest in Guzm?n.



Founded more than 80 years ago, Guzm?n specializes in the supply of fresh fruit and vegetables, and also has an extensive range of gastronomic and value added products including salads, handcrafted bread and sauces developed in conjunction with top local chefs. Serving more than 4 000 customers with approx. 2 200 deliveries per day, Guzm?n has a national presence through its key operating platforms in Barcelona, Madrid, Sevilla, Bilbao, Alicante, Ibiza and Vitoria-Gasteiz. Guzm?n employs over 540 people and is managed by an experienced leadership team under the guidance of the CEO, Mr. Jordi Franch. Guzm?n?s revenues will be approx. EUR100m for the financial year ending December 31 2017.



The Acquisition is in line with Bidcorp?s strategy to expand its footprint into geographies, which offer solid growth in the out of home foodservice market. Spain boasts a proud gastronomic heritage and the Spanish foodservice market continues to demonstrate high growth potential buoyed by improved macro- economic conditions, with a steady increase in foreign tourism numbers. The acquisition of Guzm?n, together with other opportunities in Spain and greater Iberia, will enable Bidcorp to position itself as one of the leading foodservice companies in south-west Europe.



This transaction is not a categorized transaction in terms of the JSE Listing Requirements.
27-Mar-2017
(Official Notice)
Since the unbundling of Bidcorp from The Bidvest Group Ltd. in May 2016, Brian Joffe (?Brian?) has performed the transitional role of Executive Chairman of Bidcorp.



The Bidcorp Board and Brian have mutually agreed that as this task has now been achieved, Brian will, effective June 30 2017, relinquish his position as Executive Chairman. Brian has agreed to continue, if necessary, in a non-Executive Chairman role after this date, until the appropriate process for the appointment of an Independent non-Executive Chairman has been completed. As soon as the appointment of the new Chairman is finalised, Brian will then assume the role of a non-executive director.



Bernard Berson will continue in his role as Group Chief Executive of Bidcorp.



Brian has informed the Board that he will be launching a new listed JSE investment vehicle which will not focus on activities competitive with the current Bidcorp?s foodservice business.
23-Feb-2017
(Official Notice)
Shareholders are advised that following the announcement by the South African Minister of Finance yesterday, February 22 2017, the dividend withholding tax rate is 20.0%, effective February 22 2017. Further to the announcement released on the Stock Exchange News Service of the JSE Ltd. this morning relating to the unaudited results of Bidcorp for the half-year ended December 31 2016, shareholders are requested to refer to the updated dividend declaration paragraph included below:



Dividend declaration

In line with the Group dividend policy, the directors have declared an interim cash dividend of 250.0 cents (200.0 cents net of dividend withholding tax, where applicable) per ordinary share for the six months ended December 31 2016 to those members registered on the record date, being Friday, March 24 2017.



The dividend has been declared from income reserves. A dividend withholding tax of 20% (effective February 22 2017) will be applicable to all shareholders who are not exempt.

*Gross cash dividend amount per share: 250.0 cents

*Net dividend amount per share: 200.0 cents

*Issued shares at declaration date (?000): 335 404

*Declaration date Thursday, February 23 2017

*Last day to trade cum dividend Monday, March 20 2017

*First day to trade ex dividend: Wednesday, March 22 2017

*Record date: Friday, March 24 2017

*Payment date: Monday, March 27 2017



Share certificates may not be dematerialised or rematerialised between Wednesday, March 22 2017 and Friday, March 24 2017, both days inclusive.

23-Feb-2017
(C)
Bidcorp released their maiden set of interim results since listing on the JSE. Revenue for the interim period came in at R67.8 billion, gross profit was R14.5 billion, operating profit was recorded at R2 .8 billion, profit attributable to shareholders of the company was R2 billion, while headline earnings per share came in at 600.3 cents per share.



Distribution

In accordance with its dividend policy, Bidcorp has declared an interim cash dividend of 250 cents per share.



Prospects

Our foodservice businesses worldwide are executing on the strategy of rebalancing the exposure between contract, national and independent customers in their respective markets. We see our future as a "foodservice" provider, as opposed to a "logistics" operator. Innovative technology-based solutions for customers and global procurement opportunities continue to gain traction as part of our value-add service to grow market share. Fresh produce, Meat categories and Value Add Processing continue to be areas of unexploited potential in many regions.



Our financial position is strong, cash generation is expected to remain robust, and we retain significant headroom to accommodate expansion opportunities, both acquisitive and organic.



Management remains alert to opportunities; organically through a focus on the appropriate business mix and bolt-on acquisitions in territory to expand geographic reach and product range extension; and via larger acquisitions to enter new markets. Despite our appetite for acquisitions, we remain disciplined in our approach to accessing the "right? opportunities.



Bidcorp's decentralised business model, the depth and experience of our entrepreneurial management team and the strength of the Group's culture enables us to continue to drive above-average returns for our shareholders.



Management remain firmly of the view that over the medium term, overall returns on our internationally diversified businesses will far outstrip the negative effects of global volatility. Overall fundamentals in the global foodservice industry remain positive. Bidcorp will further leverage these conditions in its respective markets and anticipates continued real growth.
07-Dec-2016
(Official Notice)
Bidcorp Food Africa (Bidcorp Food), a subsidiary of JSE-listed Bid Corporation Limited (Bidcorp), has signed agreements with the Puratos Group NV (Puratos) whereby Puratos will become an equal shareholder in Bidcorp Food?s Bakery Solutions Division (BBS).



BBS manufactures and supplies bakery ingredients to industrial bakers, the craft market and large retailers under the Chipkins and NCP brands in South Africa



Puratos, a ?1.6Bn turnover business, is headquartered in Brussels and specializes in the development and production, as well as the international distribution and marketing, of high quality ingredients for the global bakery, patisserie and chocolate sectors. Puratos employs 7225 people, 840 R-D researchers and technical advisors, with a 2.2% of turnover investment in R-D. Products are produced in 55 production units in 44 countries, has subsidiaries operating in 68 countries, marketing and distributing their products in 100 countries across the globe. Products are demonstrated and developed at 77 innovation centers in the world.
24-Nov-2016
(Official Notice)
11-Nov-2016
(Official Notice)
Shareholders are advised in response to questions raised at the AGM on Friday November 11 2016, executive management of Bidcorp provided an update on current trading conditions and performance.



Trading update

?Overall conditions within the global foodservice industry remain positive and continued growth opportunities remain in all our trading geographies. Many of Bidcorp?s international foodservice peers have reported improved results benefitting from positive underlying market conditions.



Overall trading within Bidcorp for the first 4 months of the financial year 2017 has been good and the positive momentum achieved in the financial year 2016 has continued. Currency volatility continues to positively impact Bidcorp?s rand reported results with the depreciation of the rand against the euro and Australian dollar more than offsetting the appreciation of the rand against sterling following Brexit.



Following Brexit, one of the potential impacts of sterling?s devaluation will be inflation and the impact of inflation on our United Kingdom businesses is positive. Overall the economy in the United Kingdom is growing and the sterling devaluation should further propel activity levels forward, benefitting from more tourists and local consumer spending.?



Shareholders are reminded that management will be holding a divisional day on Thursday November 24 2016 at 09h30 SA time whereat a full operational update will be discussed.



Results of AGM

Bidcorp shareholders are advised that at the AGM of members held on Friday, November 11 2016, all the ordinary and special resolutions as proposed in the Notice of the AGM were approved by the requisite majority of members.



Change in directorate

Bidcorp shareholders are advised that Mrs CWL Phalatse did not offer herself for re-election at the AGM and as a result has resigned from the board of directors of Bidcorp with immediate effect.
07-Oct-2016
(Official Notice)
Shareholders are hereby advised that Bidcorp?s summarised consolidated financial statements for the year ended June 30 2016, incorporating the notice of the annual general meeting (?AGM?) and proxy form, was posted to those shareholders opting for print copy and emailed to those shareholders who have elected to receive electronic communications today, Friday, October 7 2016.



Due to an error on the part of the printers, those shareholders receiving a printed copy, will receive a replacement, in full of the printed version of Bidcorp?s summarised consolidated financial statements for the year ended June 30 2016, incorporating the notice of the AGM and proxy form, to be posted to shareholders on Monday, October 10 2016.



Electronic copies of these documents are available on the Bidcorp website at www.bidcorpgroup.com. There has been no change from the reviewed provisional results for the year ended June 30 2016, released on the Stock Exchange News Service of the JSE Ltd. on August 24 2016.



Notice of AGM

Notice is hereby given that the twenty-first AGM of Bidcorp will be held in the boardroom, 2nd Floor North Wing, 90 Rivonia Road, Sandton at 11h30 on Friday, November 11 2016. The record date for shareholders to attend, participate in and vote at the AGM is Friday, November 4 2016. Accordingly, the last day to trade to attend, participate in and vote at the AGM is Tuesday, November 1 2016.

05-Oct-2016
(Official Notice)
Bidcorp announced the appointment of Mrs Dolly Doreen Mokgatle as an independent non-executive director, with effect from 4 October 2016.
24-Aug-2016
(C)
15-Jun-2016
(Official Notice)
Shareholders, for information, are referred to the announcements released by The Bidvest Group Ltd. (?Bidvest?) on the Securities Exchange News Service of the JSE Ltd. on June 14 2016 and today, June 15 2016.
02-Jun-2016
(Official Notice)
Following the listing of Bidcorp on the JSE Ltd. on Monday, 30 May 2016 and the unbundling of Bidcorp from The Bidvest Group Ltd., the board of directors of Bidcorp has resolved to constitute the following board committees, as follows:



Acquisitions committee:

* Douglas Denoon Balharrie Band ? Chairman;

* Paul Cambo Baloyi ? member;

* Bernard Larry Berson ? member;

* David Edward Cleasby ? member;

* Brian Joffe ? member;

* Nigel George Payne ? member.



Nominations committee:

* Brian Joffe ? Chairman;

* Paul Cambo Baloyi ? member;

* Douglas Denoon Balharrie Band ? member.



Remuneration committee:

* Douglas Denoon Balharrie Band ? Chairman;

* Nigel George Payne? member;

* Cecilia Wendy Lorato Phalatse ? member.
04-Oct-2017
(X)
Bidcorp is a broadline foodservice group with a geographic reach encompassing over 34 countries on five continents.



Bidcorp, operating as Bidfood in most geographies, has adopted a decentralised model of management which encourages the entrepreneurial spirit contained in each of its businesses. Each business is directly responsible for its product range, its buying and sales approach. Businesses in the different regions retain their local brand, tone of voice, look and feel specific to local culture.


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