THE BIDVEST GROUP LIMITED - Cautionary announcement
BVT 201602080001A
Cautionary announcement
The Bidvest Group Limited
(Incorporated in the Republic of South Africa)
Registration number: 1946/021180/06
Share code: BVT ISIN ZAE 000117321
(“Bidvest” or “Bidvest Group”)
Cautionary announcement
Shareholders of Bidvest (“Shareholders”) are referred to the announcement released on the Stock
Exchange News Service of the JSE Limited (“JSE”) on October 7 2015 (“the October 7 Announcement”)
in terms of which Shareholders were advised that Bidvest was in the process of formalising the
restructure of its business operations and management focus.
Further to the rationale set out in the October 7 Announcement and in order to provide Shareholders
with the opportunity to participate directly in Bidvest’s foodservice operations (the “Foodservice
Business”), Bidvest intends to unbundle and separately list the Foodservice Business on the main
board of the JSE (“the Proposed Transaction”).
The successful completion of the Proposed Transaction will be subject to conditions precedent,
including approval by the relevant regulatory authorities.
If successfully concluded, the Proposed Transaction may have an effect on the price of Bidvest’s
securities. Accordingly, Shareholders are advised to exercise caution when trading in Bidvest securities
until a further announcement in this regard is made.
Johannesburg
February 8 2016
Financial advisor and transaction sponsor
The Standard Bank of South Africa Limited
Legal advisor
ENSAfrica
Tax advisor
Cliffe Dekker Hofmeyr
Sponsor
Investec
Date: 08/02/2016 07:05:00 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
