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Granting of Long-Term Incentive Awards in terms of the 2008 Bidvest Conditional Share Plan
THE BIDVEST GROUP LIMITED
(“Bidvest” or “The Group”)
(Incorporated in the Republic of South Africa)
(Registration number 1946/021180/06)
JSE Share code: BVT
ISIN: ZAE000117321
GRANTING OF LONG-TERM INCENTIVE AWARDS IN TERMS OF THE 2008 BIDVEST CONDITIONAL SHARE PLAN
In compliance with Rules 3.63 of the JSE Listing Requirements, the following information is disclosed:
Shareholders are hereby advised that the following off-market delivery in Bidvest ordinary shares has taken
place following the granting of conditional share plan awards, previously awarded and accepted in terms of
the 2008 Bidvest Group Conditional Share Plan, subject to performance conditions for the period 1 July 2017
to 30 June 2020 and 1 July 2018 to 30 June 2021.
The remaining 25% of the 2017 awards vested in September 2021. Vesting of the 2018 awards occurs in two
tranches, September 2021 and September 2022, at a deemed value of R198 per share. The Remuneration
Committee has given approval for the following:
NT Madisa 20 982 shares
MJ Steyn 17 281 shares
GC McMahon 14 811 shares
The nature of interest in for the above transactions is directly beneficial to the respective directors.
Date: 7 September 2021
Johannesburg
Sponsor: Investec Bank Limited
Date: 07-09-2021 12:04:00
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