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Bidvest - Directors dealings

Release Date: 17/11/2006 17:35
Code(s): BDEO BVT
Wrap Text

Bidvest - Directors dealings The Bidvest Group Limited (Registration number 1946/021180/06) Share code: BVT ISIN: ZAE000050449 ("Bidvest") DIRECTORS" DEALINGS IN SECURITIES In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the following information is disclosed: The Chief Executive has exercised his right to options and sold shares in terms of the Bidvest Incentive Scheme as follows: Director: Mr. B Joffe Number of options: 150 000 Price of options: 81 580 at R32.0 62 500 at R39.10 5 920 at R41.20
Date of transaction: November 16 2006 Selling Price: R120.31 Value R18 046 500 Class of share: Ordinary Nature of transactions: Exercise of share options and sale of shares Nature of interest: Beneficial Clearance in terms of paragraph 3.66 was obtained from the Chairman of the Bidvest Remuneration Committee. Date: 17 November 2006 Johannesburg Sponsor: Investec Date: 17/11/2006 05:35:48 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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