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

Release Date: 08/12/2020 09:28
Code(s): BVT     PDF:  
Wrap Text
Acceptance of Share Appreciation Rights by the Company Secretary

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


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

Sponsor: Investec Bank Limited

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