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BID CORPORATION LIMITED - Dealings in securities

Release Date: 26/07/2022 17:15
Code(s): BID     PDF:  
Wrap Text
Dealings in securities

Bid Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number: 1995/008615/06
Share Code: BID
ISIN ZAE 000216537
(“Bidcorp” or “the company”)

GRANTING OF CONDITIONAL SHARE AWARDS IN TERMS OF THE 2016 BIDCORP CONDITIONAL
SHARE PLAN (“CSP”)

Executive directors of the company have been awarded Conditional Share Awards in terms of the 2016
Bidcorp Conditional Share Plan, approved by shareholders at the general meeting in April 2016.

Conditional Share Awards for executive directors are subject to performance conditions as set out in
the 2021 Bidcorp Remuneration Report, which if satisfied, will vest in September 2024 and
September 2025.

The remuneration committee has given approval for the following individual allocations which have
been accepted by the participants on Monday, July 25th 2022.

    •   B L Berson                                     150 000 conditional share awards
        Nature of interest                             Direct beneficial
        Price per award @ COB on July 25th 2022        R303,58
        Deemed total value of transaction              R45 537 000



    •   D E Cleasby                                    70 000 conditional share awards
        Nature of interest                             Direct beneficial
        Price per award @ COB on July 25th 2022        R303,58
        Deemed total value of transaction              R21 250 600

The above transactions were all performed off market and the necessary approvals were obtained.


Date: July 26th 2022
Johannesburg

Sponsor: The Standard Bank of South Africa Limited

Date: 26-07-2022 05:15:00
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