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

Release Date: 22/09/2011 15:57
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: Executive Director: Brian Joffe Date of transaction 1: September 20 2011 Number of options: 50 000 Price of options: R51.51 Number of options: 100 000 Price of options: R79.99 Total Value of options: R10 574 500.00 Number of shares sold 150 000 Selling price: R152.85570 Total Value of Sale: R22 928 355.00 Class of shares: Ordinary shares Nature of transaction: Exercise of share options and sale of shares Nature of interest: Direct beneficial Date of transaction 2: September 20 2011 Number of Bidvest shares: 18 750 Selling price: R152.85570 Total Value of Sale: R2 866 044.38 Class of shares: Ordinary shares Nature of transaction: Sale of shares in accordance with a Conditional Share Plan award
Nature of interest: Direct beneficial Clearance in terms of paragraph 3.66 was obtained from the Chairman of The Bidvest Group Limited and the Chairman of the Remuneration Committee. All the dealings in securities were done on-market. Date: September 22 2011 Johannesburg Sponsor: Investec Date: 22/09/2011 15:57:02 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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