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The Bidvest Group Limited - Directors" Dealings In Securities

Release Date: 24/03/2006 16:17
Code(s): BDEO BVT
Wrap Text

The Bidvest Group Limited - Directors" Dealings In Securities THE BIDVEST GROUP LIMITED ("Bidvest") (Registration number 1946/021180/06) Share code: BVT & ISIN ZAE000050449 DIRECTORS" DEALINGS IN SECURITIES In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the following information is disclosed: 578 597 shares (BVT) were sold behalf of employees and Directors during the period March 17, 2006 and March 23, 2006 in terms of the Bidvest Incentive Scheme. There are approximately 2100 participants participating in the scheme and therefore it is normal practice to sell shares, once exercised, in batches to facilitate the effective administration thereof. The average selling price of R112.80 was allocated to all participants (including the Directors). Executive Director: Alan Charles Salomon Number of shares: 227 504 shares Date of transaction: March 17 2006 to March 23 2006 Average Selling Price R112.80 Class of shares: Ordinary shares Nature of transaction: Disposal Nature of interest: Beneficial Executive Director: Howard Lyle Greenstein Number of shares: 91 750 shares Date of transaction: March 17 2006 to March 23 2006 Average Selling Price R112.80 Class of shares: Ordinary shares Nature of transaction: Disposal Nature of interest: Beneficial Executive Director: Frederick John Barnes Number of shares: 25 000 shares Date of transaction: March 17 2006 to March 23 2006 Average Selling Price R112.80 Class of shares: Ordinary shares Nature of transaction: Disposal Nature of interest: Beneficial Clearance in terms of paragraph 3.66 was obtained from the CEO of The Bidvest Group. Date: March 24, 2006 Johannesburg Sponsor: Investec Date: 24/03/2006 04:17:07 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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