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BVT - The Bidvest Group Limited - Directors dealings in securities

Release Date: 07/04/2010 12:06
Code(s): BVT
Wrap Text

BVT - The Bidvest Group Limited - Directors dealings in securities THE BIDVEST GROUP LIMITED ("Bidvest") (Registration number 1946/021180/06) Share code: BVT ISIN ZAE 000117321 DIRECTORS` DEALINGS IN SECURITIES In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the following information is disclosed: The following directors have exercised their rights to options and sold shares in terms of the Bidvest Incentive Scheme as follows: Executive Director : Myron Cyril Berzack Number of options : 15 000 Price of options R42.20 Date of transaction : April 06 2010 Number of shares sold 15 000 Selling price : R136.0865 Total Value : R2 041 297.50 Class of shares : Ordinary Nature of transaction : Exercise of share options and sale of shares Nature of interest : Beneficial Executive Director : Myron Cyril Berzack Number of options : 28 752 Price of options R17.55 Date of transaction : April 06 2010 Number of shares sold 28 752 Selling price : R136.0865 Total Value : R3 912 759.05 Class of shares : Ordinary Nature of transaction : Exercise of share options and sale of shares Nature of interest : Beneficial Executive Director : Lindsay Peter Ralphs Number of options : 100 000 Price of options R37.50 Date of transaction : April 06 2010 Number of shares sold 100 000 Selling price : R136.0865 Total Value : R13 608 650.00 Class of shares : Ordinary Nature of transaction : Exercise of share options and sale of shares Nature of interest : Beneficial Executive Director : Lindsay Peter Ralphs Number of options : 50 000 Price of options R40.20 Date of transaction : April 06 2010 Number of shares sold 50 000 Selling price : R136.0865 Total Value : R6 804 325.00 Class of shares : Ordinary Nature of transaction : Exercise of share options and sale of shares Nature of interest : Beneficial Executive Director : Alan Charles Salomon Number of options : 90 000 Price of options R42.85 Date of transaction : April 06 2010 Number of shares sold 90 000 Selling price : R136.0865 Total Value : R12 247 785.00 Class of shares : Ordinary Nature of transaction : Exercise of share options and sale of shares Nature of interest : Beneficial Executive Director : Alan Charles Salomon Number of options : 60 000 Price of options R51.51 Date of transaction : April 06 2010 Number of shares sold 60 000 Selling price : R136.0865 Total Value: R8 165 190.00 Class of shares : Ordinary Nature of transaction : Exercise of share options and sale of shares Nature of interest : Beneficial Executive Director : Alan Charles Salomon Number of options : 45 000 Price of options R71.99 Date of transaction : April 06 2010 Number of shares sold 45 000 Selling price : R136.0865 Total Value : R6 123 892.50 Class of shares : Ordinary Nature of transaction : Exercise of share options and sale of shares Nature of interest : Beneficial Executive Director : Bernard Larry Berson Number of options : 12 000 Price of options R41.20 Date of transaction : April 06 2010 Number of shares sold 12 000 Selling price : R136.0865 Total Value : R1 633 038.00 Class of shares : Ordinary Nature of transaction : Exercise of share options and sale of shares Nature of interest : Beneficial Clearance in terms of paragraph 3.66 was obtained from the Chief Executive of The Bidvest Group Limited. All the dealings in securities were done on-market. Date: April 07 2010 Johannesburg Sponsor: Investec Date: 07/04/2010 12:06:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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