BID CORPORATION LIMITED - Change in beneficial holdings

Change in beneficial holdings

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 Monday, July 27th 2020, Bidcorp received notification in terms of
section 122(1) of the Companies Act that Ninety One SA (Pty) Ltd (“NinetyOne”), has disposed of a
beneficial interest in the securities of the company, such that the total interest in the ordinary shares
of the Company held by NinetyOne’s clients (collectively) amounts to 4,9578% (previously held
5,2668% of the total number of securities in issue).

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”).


Date: July 28th 2020
Johannesburg

Sponsor:        The Standard Bank of South Africa Limited

Date: 28-07-2020 10:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.