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THE BIDVEST GROUP LIMITED - Acceptance of Share Appreciation Rights (SAR) by the company secretary

Release Date: 12/12/2016 11:34
Code(s): BVT     PDF:  
Wrap Text
Acceptance of Share Appreciation Rights (“SAR”) by the company secretary

THE BIDVEST GROUP LIMITED
(“Bidvest”)
(Incorporated in the Republic of South Africa)
Registration number: 1946/021180/06
Share code: BVT
ISIN ZAE 000117321

ACCEPTANCE OF SHARE APPRECIATION RIGHTS (“SAR”) BY THE COMPANY SECRETARY

In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, the following information
is disclosed:

The Company Secretary has accepted an allocation of SAR’s in terms of the 2016 Bidvest Share
Appreciation Rights Scheme as follows:

Company Secretary:                                 Craig Andrew Brighten
Number of Share Appreciation Rights:               14 000
Strike Price of Share Appreciation Rights:         R146.61
Deemed Value                                       R2 052 540
Date of Acceptance                                 December 12 2016
Nature of transaction                              Acceptance of rights – off market
Nature of interest                                 Direct beneficial

Clearance in terms of para 3.66 of the listings requirements was obtained from the
Remuneration Committee of The Bidvest Group Limited.

Date: December 12 2016
Johannesburg
Sponsor: Investec Bank Limited

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