BID CORPORATION LIMITED - Directors dealings in securities

Release Date: 04/06/2018 08:00
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 by an associate of a director
of Bidcorp:

Non-Executive director:                   B Joffe

Date of transaction #1:                   May 31st 2018
Number of shares sold:                    15,000
Price per share:                          R254.73
Total value of transaction:               R3,820,950.00
Class of shares:                          Ordinary shares sold on-market
Nature of transaction:                    Disposal of ordinary shares on behalf of JDL Holdings (Pty)
                                          Ltd, a subsidiary of JDL Trust
Nature of interest:                       Indirect beneficial as B Joffe is a trustee of JDL Trust

Date of transaction #2:                   May 31st 2018
Number of shares sold:                    35,000
Price per share:                          R253.92
Total value of transaction:               R8,887,200.00
Class of shares:                          Ordinary shares sold off-market
Nature of transaction:                    Disposal of ordinary shares on behalf of JDL Holdings (Pty)
                                          Ltd, a subsidiary of JDL Trust
Nature of interest:                       Indirect beneficial as B Joffe is a trustee of JDL Trust


Clearance in terms of paragraph 3.66 was obtained from Bidcorp’s Lead Independent Director and
Chairman of the Board.


Date:    June 4th 2018
Johannesburg

Sponsor: The Standard Bank of South Africa Limited

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