THE BIDVEST GROUP LIMITED - Acceptance of Share Appreciation Rights by the Company Secretary

Acceptance of Share Appreciation Rights by the Company Secretary

THE BIDVEST GROUP LIMITED
(“Bidvest” or “The Group”)
(Incorporated in the Republic of South Africa)
(Registration number 1946/021180/06)
JSE Share code: BVT
ISIN: ZAE000117321

ACCEPTANCE OF SHARE APPRECIATION RIGHTS (“SAR”) BY THE COMPANY SECRETARY

In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, the following information is disclosed:
The Company Secretary has accepted an allocation of SAR’s in terms of the 2016 Bidvest Share Appreciation
Rights Scheme as follows:

Company Secretary:                                   Ilze Roux
Number of Share Appreciation Rights:                 75 000
Strike Price of Share Appreciation Rights:           R148.75
Total value:                                         R11 156 250
Date of Acceptance:                                  7 December 2020
Nature of transaction:                               Acceptance of rights – off market; vesting from year
                                                     three onwards
Nature of interest:                                  Direct beneficial

Clearance in terms of para 3.66 of the listings requirements was obtained from the Remuneration Committee
of The Bidvest Group Limited.


Date: 8 December 2020

Johannesburg
Sponsor: Investec Bank Limited

Date: 08-12-2020 09:28:00
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