BVT
BVT
BVT - Bidvest - Directors` dealings in securities
THE BIDVEST GROUP LIMITED
("Bidvest")
(Registration number 1946/021180/06)
Share code: BVT ISIN ZAE000117321
DIRECTORS` DEALINGS IN SECURITIES
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the
following information is disclosed:
The following director has exercised his rights and sold shares in terms of the
Bidvest Incentive Loan Scheme as follows:
Executive Director: Anthony William Dawe
Number of options: 20 000
Price of options R108.54
Date of transaction: April 5 2011
Number of shares sold 20 000
Selling price: R150.22537
Total Value: R3 004 507.40
Class of shares: Ordinary
Nature of transaction: Sale of loan scheme shares
Nature of interest: Beneficial
The purchase price of the shares and interest capitalised amounting to R2 198
968.58 was deducted from the proceeds of the sale of the shares and utilised to
reduce the total carrying value of the loan. Net proceeds payable to AW Dawe,
prior to any personal taxes being paid, was R805 538.82.
Clearance in terms of paragraph 3.66 was obtained from the Chief Executive of
The Bidvest Group Limited.
All the dealings in securities were done on-market.
Date: April 8 2011
Johannesburg
Sponsor: Investec
Date: 08/04/2011 10:12:02 Produced by the JSE SENS Department.
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