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BID CORPORATION LIMITED - Share Appreciation Rights (SAR) Award In Terms Of The Bidcorp SAR Scheme

Release Date: 27/06/2017 17:45
Code(s): BID     PDF:  
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Share Appreciation Rights (“SAR”) Award In Terms Of The Bidcorp SAR Scheme

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”)


SHARE APPRECIATION RIGHTS (“SAR”) AWARD IN TERMS OF THE BIDCORP SAR SCHEME


In compliance with Rules 3.63 – 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:

The Company Secretary has accepted an allocation of SAR’s in terms of the Bidcorp SAR scheme:

Company secretary:                       AK Biggs

Date of transaction:                     June 26th 2017

Number of shares:                        15,000

Award price:                             R263.91

Total Value:                             R3 958 650.00

Class of shares:                         Ordinary

Nature of interest:                      Direct beneficial

The above transaction was performed off market and the necessary approvals were obtained.


Date: June 27th 2017
Johannesburg

Sponsor: The Standard Bank of South Africa Limited

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