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

Release Date: 24/11/2010 10:09
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 rights to options and sold shares in terms of the Bidvest Incentive Scheme as follows: Executive Director: David Edward Cleasby Number of options: 20 000 Price of options R51.51 Date of transaction: November 22 2010 Number of shares sold 20 000 Selling price: R156.011 Total Value: R3 120 220 Class of shares: Ordinary Nature of transaction: Exercise of share options and sale of shares Nature of interest: Beneficial Number of options: 30 000 Price of options: R68.30 Date of Transaction: November 22 2010 Number of shares sold: 30 000 Selling Price: R156.011 Total value: R4 680 330 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: November 24 2010 Johannesburg Sponsor: Investec Date: 24/11/2010 10:09:02 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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