To view the PDF file, sign up for a MySharenet subscription.

BID CORPORATION LIMITED - Directors dealings in securities

Release Date: 04/06/2018 08:00
Code(s): BID     PDF:  
Wrap Text
Directors 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” or “the Company”)


DIRECTORS’ DEALINGS IN SECURITIES

In compliance with Rules 3.63 – 3.74 of the Listing Requirements of the JSE Limited, the following
information is disclosed in relation to the dealing in the Company’s securities by an associate of a director
of Bidcorp:

Non-Executive director:                   B Joffe

Date of transaction #1:                   May 31st 2018
Number of shares sold:                    15,000
Price per share:                          R254.73
Total value of transaction:               R3,820,950.00
Class of shares:                          Ordinary shares sold on-market
Nature of transaction:                    Disposal of ordinary shares on behalf of JDL Holdings (Pty)
                                          Ltd, a subsidiary of JDL Trust
Nature of interest:                       Indirect beneficial as B Joffe is a trustee of JDL Trust

Date of transaction #2:                   May 31st 2018
Number of shares sold:                    35,000
Price per share:                          R253.92
Total value of transaction:               R8,887,200.00
Class of shares:                          Ordinary shares sold off-market
Nature of transaction:                    Disposal of ordinary shares on behalf of JDL Holdings (Pty)
                                          Ltd, a subsidiary of JDL Trust
Nature of interest:                       Indirect beneficial as B Joffe is a trustee of JDL Trust


Clearance in terms of paragraph 3.66 was obtained from Bidcorp’s Lead Independent Director and
Chairman of the Board.


Date:    June 4th 2018
Johannesburg

Sponsor: The Standard Bank of South Africa Limited

Date: 04/06/2018 08:00:00 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.

Share This Story