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BVT - The Bidvest Group Limited - Granting of conditional share awards in

Release Date: 25/06/2012 16:52
Code(s): BVT
Wrap Text

BVT - The Bidvest Group Limited - Granting of conditional share awards in terms of the 2008 Bidvest conditional share plan THE BIDVEST GROUP LIMITED ("Bidvest") (Incorporated in the Republic of South Africa) Registration number: 1946/021180/06 Share code: BVT ISIN ZAE 000117321 GRANTING OF CONDITIONAL SHARE AWARDS IN TERMS OF THE 2008 BIDVEST CONDITIONAL SHARE PLAN Executive Directors and the Company Secretary have been awarded Conditional Share Awards in terms of the 2008 Bidvest Group Conditional Share Plan, approved by shareholders at the annual general meeting in November 2008. Conditional Share Awards are subject to performance conditions for the period ending June 30 2014. Subject to performance, vesting will occur in September 2014 and September 2015. The Remuneration Committee has given approval for the individual allocations. Conditional share awards are as follows: Executive Directors: B L Berson 100 000 conditional share awards D E Cleasby 75 000 conditional share awards A W Dawe 60 000 conditional share awards B Joffe 150 000 conditional share awards L P Ralphs 100 000 conditional share awards A C Salomon 50 000 conditional share awards Company Secretary: C A Brighten 7 500 conditional share awards Date: June 25 2012 Johannesburg Sponsor: Investec Date: 25/06/2012 16:52:01 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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