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BID CORPORATION LIMITED - Disclosure of significant holding of Bidcorp ordinary shares

Release Date: 16/05/2022 10:28
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”)


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, May 13th 2022, Bidcorp received notification in terms of
section 122(1) of the Companies Act, that Ninety One SA (Pty) Ltd. (“NinetyOne”) had acquired a
beneficial interest in the securities of the company, such that the entire beneficial interest held by
NinetyOne’s clients amounts to 5,0168% of the total number of securities in issue (previously held
4,9425% 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: May 16th 2022

Sponsor:        The Standard Bank of South Africa Limited

Date: 16-05-2022 10:28:00
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