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BVT - The Bidvest Group Limited - Directors` dealings in securities

Release Date: 14/10/2010 12:21
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: Lindsay Peter Ralphs Number of options: 50 000 Price of options R41.20 Date of transaction: October 13 2010 Number of shares sold 50 000 Selling price: R147.1248 Total Value: R7 356 240.00 Class of shares: Ordinary Nature of transaction: Exercise of share options and sale of shares Number of options: 90 000 Price of options R42.85 Date of transaction: October 13 2010 Number of shares sold 90 000 Selling price: R147.1248 Total Value: R13 241 232.00 Class of shares: Ordinary Nature of transaction: Exercise of share options and sale of shares Number of options: 40 000 Price of options R42.20 Date of transaction: October 13 2010 Number of shares sold 40 000 Selling price: R147.1248 Total Value: R5 884 992.00 Class of shares: Ordinary Nature of transaction: Exercise of share options and sale of shares 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: October 14 2010 Johannesburg Sponsor: Investec Date: 14/10/2010 12:21:01 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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