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Mon 12 Dec 2016, 11:34 THE BIDVEST GROUP LIMITED - Acceptance of Share Appreciation Rights (SAR) by the company secretary
BVT 201612120019A
Acceptance of Share Appreciation Rights (“SAR”) by the company secretary

THE BIDVEST GROUP LIMITED
(“Bidvest”)
(Incorporated in the Republic of South Africa)
Registration number: 1946/021180/06
Share code: BVT
ISIN ZAE 000117321

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:                                 Craig Andrew Brighten
Number of Share Appreciation Rights:               14 000
Strike Price of Share Appreciation Rights:         R146.61
Deemed Value                                       R2 052 540
Date of Acceptance                                 December 12 2016
Nature of transaction                              Acceptance of rights – off market
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: December 12 2016
Johannesburg
Sponsor: Investec Bank Limited

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