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BID CORPORATION LIMITED - Disclosure of significant holdings

Release Date: 22/08/2018 17:00
Code(s): BID     PDF:  
Wrap Text
Disclosure of significant 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 August 21 2018, Bidcorp received notification in terms of section
122(1) of the Companies Act that J P Morgan Chase & Co (“JP Morgan”) has disposed of a beneficial
interest in the securities of the company, such that their entire beneficial interest amounts to 9,61%
of the total number of securities in issue (previously held 10,22% 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: August 22 2018
Johannesburg

Sponsor:        The Standard Bank of South Africa Limited

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