BID CORPORATION LIMITED - Disclosure of Significant Holdings of Bidcorp Ordinary Shares
Disclosure of Significant Holdings of Bidcorp Ordinary Shares:
Disclosure of Significant Holdings of Bidcorp Ordinary Shares
Bid Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number: 1995/008615/06
Share Code: BID
ISIN ZAE 000216537
(“Bidcorp” or “the company”)
DISCLOSURE OF SIGNIFICANT HOLDING OF BIDCORP ORDINARY SHARES
In compliance with Section 122(3) (b) of the Companies Act, 2008 (Act 71 of 2008), as amended
(“Companies Act”) and paragraph 3.83(b) of the Listings Requirements of the JSE Limited (“JSE”),
shareholders are advised that:
- on February 25th 2020, Bidcorp received notification in terms of section 122(1) of the
Companies Act that J P Morgan Chase & Co (“JP Morgan”) has disposed of a beneficial interest
in the securities of the company, such that their entire beneficial interest amounts to 9,88%
of the total number of securities in issue (previously held 10,32% of the total number of
securities in issue);
- on February 26th 2020 Bidcorp received notification in terms of section 122(1) of the
Companies Act that GIC Private Limited (“GIC”) has acquired a beneficial interest in the
securities of the company, such that their entire beneficial interest amounts to 5,04% of the
total number of securities in issue.
As required in terms of section 122(3) (a) of the Companies Act, Bidcorp has filed the required notices
with the Takeover Regulation Panel (“TRP”).
Date: February 26th 2020
Johannesburg
Sponsor: The Standard Bank of South Africa Limited
Date: 26-02-2020 05:25:00
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