BID CORPORATION LIMITED - Disclosure of significant holding

Disclosure of significant holding

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”)


DISCLOSURE OF SIGNIFICANT HOLDING OF BIDCORP ORDINARY SHARES

In compliance with Section 122(3) (b) of the Companies Act, 2008 (Act 71 of 2008), as amended
(“Companies Act”) and paragraph 3.83(b) of the Listings Requirements of the JSE Limited (“JSE”),
shareholders are advised that on Friday, September 22nd 2023, Bidcorp received notification in terms
of section 122(1) of the Companies Act, that Coronation Asset Management (Pty) Ltd (“Coronation”)
has acquired a beneficial interest in the securities of the company, such that the entire beneficial
interest held by Coronation’s clients now amounts to 5,12% of the total number of securities in issue
(previously held 4,85% of the total number of securities in issue per the TRP121.1 notification
received).

As required in terms of section 122(3) (a) of the Companies Act, Bidcorp has filed the required notice
with the Takeover Regulation Panel (“TRP”).

The board of directors of the company accepts responsibility for the information contained in this
announcement having relied on the notice information as provided by Coronation in the Form
TRP 121.1 and, to the best of their knowledge and belief, such information is true and does not omit
anything likely to affect the importance of such information contained herein.



Date: September 22nd 2023
Johannesburg

Sponsor:        The Standard Bank of South Africa Limited

Date: 22-09-2023 01:45:00
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