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 paragraphs 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:                22 000
Strike Price of Share Appreciation Rights:          R251.69
Total deemed value:                                 R1,977,564
Date of Acceptance:                                 5 December 2024
Class of shares:                                    Ordinary shares
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: 9 December 2024

Johannesburg
Sponsor: Investec Bank Limited

Date: 09-12-2024 07:30:00
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