THE BIDVEST GROUP LIMITED - Acceptance of Share Appreciation Rights by the Company Secretary
Acceptance of Share Appreciation Rights by the Company Secretary
The Bidvest Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1946/021180/06)
Share code: BVT
ISIN ZAE000117321
("Bidvest" or "the Group")
ACCEPTANCE OF SHARE APPRECIATION RIGHTS ("SAR") BY THE COMPANY SECRETARY
In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements, the following information is
disclosed:
The Company Secretary has accepted an allocation of SARs in terms of the 2016 Bidvest Share
Appreciation Rights Scheme as follows:
Company Secretary: Nonqaba Katamzi
Number of Share Appreciation Rights: 24 000
Strike Price of Share Appreciation Rights: R205.56
Total deemed value: R 4,933,440
Date of Acceptance: 5 December 2025
Nature of transaction: Acceptance of rights – off market; vesting
from year three onwards
Nature of interest: Direct beneficial
Clearance in terms of paragraph 3.66 of the JSE Listings Requirements was obtained from the
Remuneration Committee of Bidvest.
Date: 8 December 2025
Johannesburg
Sponsor: Investec Bank Limited
Date: 08-12-2025 04:40:00
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