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

Release Date: 23/05/2011 13:35
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 ZAE000117321 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 : Peter Nyman Number of options : 38 605 Price of options R42.85 Date of transaction : May 20 2011 Number of shares sold 32 605 Selling price : R150.99 Total Value : R 4 923 028.95 Class of shares : Ordinary Nature of transaction : Exercise of share options and sale of shares Nature of interest : Beneficial Number of shares delivered : 3 000 Value of Share Options : R128 550.00 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 Mrs Audrey Nyman (spouse) Number of shares delivered : 3 000 Value of Share Options : R128 550.00 Class of shares : Ordinary Nature of transaction : Exercise of share options and delivery of shares
Nature of interest : Direct 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: May 23 2011 Johannesburg Sponsor: Investec Date: 23/05/2011 13:35:01 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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