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THE BIDVEST GROUP LIMITED - Director's Dealings

Release Date: 22/05/2013 17:00
Code(s): BVT     PDF:  
Wrap Text
Director's Dealings

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 and sold shares in terms of the Bidvest
Incentive Loan Scheme as follows:

Executive Director:           David Edward Cleasby
Number of options:            20 000
Price of options              R108.54
Date of transaction:          May 20 2013
Number of shares sold         20 000
Selling Price:                R256.7977
Total Value:                  R5 135 954.00
Class of shares:              Ordinary
Nature of transaction:        Sale of loan scheme shares
Nature of interest:           Beneficial

The cost of the original purchase price of the shares and interest capitalised
amounted to R2 086 789.03 and was deducted from the proceeds of the sale of the
shares and utilised to reduce the total carrying value of the loan. Net proceeds
payable to DE Cleasby, prior to any personal taxes being paid, was R3 049 164.97.

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 22 2013
Johannesburg
Sponsor: Investec

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