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BIBIDV - Notification of a Change in Auditor
Bidvestco Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1966/011512/06)
Company code: BIBIDV
(“Bidvestco” or the “Issuer”)
NOTIFICATION OF A CHANGE IN AUDITOR
In June 2017, the Independent Regulatory Board of Auditors published a rule prescribing that auditors of
public interest entities in South Africa must comply with mandatory audit firm rotation whereby audit
firms shall not serve as the appointed auditor of a public interest entity for more than 10 consecutive
years, with effect from 1 April 2023. Given the aforementioned, Deloitte & Touche (Deloitte) has been
the Bidvest Group’s external auditors for 11 years and as a result, the Issuer has terminated its services
with Deloitte with effect from 28 November 2018.
Noteholders are hereby informed that, PricewaterhouseCoopers, with Mr Craig West as the designated
registered audit partner, has been appointed as the new external auditor effective 28 November 2018.
This appointment has been approved by the shareholders of The Bidvest Group Limited at its Annual
General Meeting (AGM) held on 28 November 2018.
Bidvest wishes to thank Deloitte for their services to the Group over the past 11 years.
12 March 2018
Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa
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