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BID CORPORATION LIMITED - Change in beneficial interest

Release Date: 26/04/2021 12:03
Code(s): BID     PDF:  
Wrap Text
Change in beneficial interest

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 Friday, April 23rd 2021, Bidcorp received notification in terms of
section 122(1) of the Companies Act that Genesis Investment Management LLP (UK) (“Genesis”), has
acquired a beneficial interest in the securities of the company, such that the total interest in the
ordinary shares of the company held by Genesis amounts to 5,0% (previously held 4,98% 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 notice
with the Takeover Regulation Panel (“TRP”).


Date: April 26th 2021
Johannesburg

Sponsor:        The Standard Bank of South Africa Limited

Date: 26-04-2021 12:03:00
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