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BID CORPORATION LIMITED - Disclosure Of Significant Holding Of Bidcorp Ordinary Shares

Release Date: 23/09/2020 14:00
Code(s): BID     PDF:  
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Disclosure Of Significant Holding Of Bidcorp Ordinary Shares

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 Tuesday, September 22nd 2020, Bidcorp received notification in
terms of section 122(1) of the Companies Act that Ninety One SA (Pty) Ltd (“NinetyOne”), has
acquired 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 5,0724%
(previously held 4,9259% 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: September 23rd 2020
Johannesburg

Sponsor:        The Standard Bank of South Africa Limited

Date: 23-09-2020 02:00:00
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