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BID CORPORATION LIMITED - Directors Dealings In Securities

Release Date: 29/03/2017 17:40
Code(s): BID
Wrap Text
Directors’ Dealings In Securities

Bid Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number: 1995/008615/06
Share code: BID ISIN ZAE 000216537
(“Bidcorp” or “the Company”)


DIRECTORS’ DEALINGS IN SECURITIES


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

Executive Director:                      B Joffe

Date of transaction 1:                   March 29 2017
Number of shares sold:                   200 000
Selling price:                           R266.1636
Total Value of transaction:              R53 232 720.00
Class of shares:                         Ordinary shares
Nature of transaction:                   Sale of ordinary shares by director in diversification of
                                         portfolio
Nature of interest:                      Direct beneficial


Date of transaction 2:                   March 29 2017
Number of shares sold:                   309 793
Selling price:                           R265.1645
Total Value of transaction:              R82 146 105.95
Class of shares:                         Ordinary shares
Nature of transaction:                   Sale of ordinary shares by a party managing a discretionary
                                         diversification mandate on behalf of JDL Trust
Nature of interest:                      Indirect beneficial as B Joffe is a trustee of JDL Trust and
                                         discretionary beneficiary


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

All the dealings in securities were done on-market.


Date: March 29 2017
Johannesburg

Sponsor: The Standard Bank of South Africa Limited

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