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BID CORPORATION LIMITED - Director's dealing in securities

Release Date: 17/06/2016 16:15
Code(s): BID     PDF:  
Wrap Text
Director's dealing in securities

BID CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
Registration Number 1995/008615/06
Share code: BID
ISIN: ZAE000216537
("Bidcorp" or "the Company")

DIRECTOR’S DEALINGS IN SECURITIES

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE
Limited, the following information is disclosed in relation to the dealing in the
Company’s securities:

Executive Director:                       Brian Joffe
Date of transaction:                      June 17 2016
Number of shares:                         20 000
Price per share:                          R235.00
Total value of transaction:               R4 700 000.00
Class of shares:                          Ordinary shares
Nature of transaction:                    Purchase of shares by a party managing
                                          a discretionary mandate on behalf of JDL
                                          Trust
Nature of interest:                       Indirect beneficial as a result of B Joffe
                                          being a trustee of the JDL Trust and
                                          discretionary beneficiary

Clearance in terms of paragraph 3.66 was obtained from the Chairman of the
Remuneration Committee.

The transaction took place on-market.

Johannesburg
June 17 2016

Sponsor: The Standard Bank of South Africa Limited

Date: 17/06/2016 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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