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

Release Date: 18/10/2010 13:00
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 director has exercised his right to options and sold shares in terms of the Bidvest Incentive Scheme as follows: Executive Director: Peter Nyman Number of options: 40 000 Price of options R41.20 Date of transaction: October 15 2010 Number of shares sold 39 541 Selling price: R148.1413 Total Value: R5 857 655.14 Class of shares: Ordinary Nature of transaction: Exercise of share options and sale of shares Nature of interest: Direct beneficial Number of shares delivered: 459 Value of Share Options: R18 910.80 Class of shares: Ordinary Nature of transaction: Exercise of share options and delivery of shares Nature of interest: Indirect beneficial - to be registered in the name of The Peter Nyman Family Trust 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 18 2010 Johannesburg Sponsor: Investec Date: 18/10/2010 13:00:57 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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