THE BIDVEST GROUP LIMITED - Acceptance of Share Appreciation Rights (Sar) by the company secretary

Acceptance of Share Appreciation Rights (“Sar”) 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 Listing 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:                   22 000
Strike Price of Share Appreciation Rights:             R168.61
Total value:                                           R3 709 420
Date of Acceptance:                                    9 December 2021
Nature of transaction:                                 Acceptance of rights – off market; vesting from year
                                                       three onwards
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: 10 December 2021

Johannesburg
Sponsor: Investec Bank Limited

Date: 10-12-2021 09:17:00
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