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BID CORPORATION LIMITED - Dealings in securities

Release Date: 03/10/2019 11:45
Code(s): BID     PDF:  
Wrap Text
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”)


DIRECTORS’ DEALINGS IN SECURITIES

In terms of the 2016 Replacement Rights Awards and the 2017 Awards, the remuneration
committee has resolved to vest the following Conditional Share Plan awards (“CSP”) and in
compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, the following information
is disclosed:

Non-executive Director:               Mr B Joffe
Date of transaction:                  October 2 2019
Number of Bidcorp shares
accrued in terms of CSP awards:       66 260
Market value of shares:               R21 600 760.00
Number of shares delivered:           66 260
Class of shares:                      Ordinary shares
Nature of transaction:                Award and delivery of shares in accordance with
                                      Conditional Share Plan awards
Nature of interest:                   Direct beneficial

Executive Director:                   Mr BL Berson
Date of transaction:                  October 2 2019
Number of Bidcorp shares
accrued in terms of CSP awards:       91 910
Market value of shares:               R29 962 660.00
Number of shares delivered:           91 910
Class of shares:                      Ordinary shares
Nature of transaction:                Award and delivery of shares in accordance with
                                      Conditional Share Plan awards
Nature of interest:                   Direct beneficial

Executive Director:                   Mr DE Cleasby
Date of transaction:                  October 2 2019
Number of Bidcorp shares
accrued in terms of CSP awards:       34 381
Market value of shares:               R11 208 206.00
Number of shares delivered:           34 381
Class of shares:                      Ordinary shares
Nature of transaction:                Award and delivery of shares in accordance with
                                      Conditional Share Plan awards
Nature of interest:                   Direct beneficial

Clearance in terms of paragraph 3.66 was obtained from the Chairman of the Board.

All the dealings in securities were done off-market.


Date: October 3 2019
Johannesburg

Sponsor: The Standard Bank of South Africa Limited

Date: 03/10/2019 11:45:00
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