BID CORPORATION LIMITED - Granting Of Conditional Share Awards In Terms Of The 2016 Bidcorp Conditional Share Plan
Granting Of Conditional Share Awards In Terms Of The 2016 Bidcorp Conditional Share Plan
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")
GRANTING OF CONDITIONAL SHARE AWARDS IN TERMS OF THE 2016 BIDCORP CONDITIONAL
SHARE PLAN ("CSP")
Executive directors of the company have been awarded Conditional Share Awards in terms of the 2016
Bidcorp Conditional Share Plan, approved by shareholders at the general meeting in April 2016.
Conditional Share Awards for executive directors are subject to performance conditions as set out in
the 2023 Bidcorp Remuneration Report, which if satisfied, will vest in September 2026 and
September 2027.
The remuneration committee has given approval for the following individual allocations which have
been accepted by the participants on Thursday, June 27th 2024.
• B L Berson 170 000 conditional share awards
Nature of interest Direct beneficial
Price per award @ COB on June 27th 2024 R425,41
Deemed total value of transaction R72,319,700
• D E Cleasby 80 000 conditional share awards
Nature of interest Direct beneficial
Price per award @ COB on June 27th 2024 R425,41
Deemed total value of transaction R34,032,800
The above transactions were all performed off market and the necessary approvals were obtained.
Date: June 28th 2024
Johannesburg
Sponsor: The Standard Bank of South Africa Limited
Date: 28-06-2024 03:40:00
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
