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BID CORPORATION LIMITED - Nominations Committee Composition and Dealings In Securities By Company Secretary

Release Date: 03/04/2019 16:58
Code(s): BID     PDF:  
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Nominations Committee Composition and Dealings In Securities By Company Secretary

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”)


In terms of succession planning for Mr Douglas Band who retires from the Bidcorp Board at the 2019
Bidcorp AGM, Mr Stephen Koseff, currently the Non-Executive Chairman of Bidcorp, has agreed to
accept the Nominations Committee’s invitation to assume the role of member and chairman of the
Nominations Committee, effective April 3rd 2019.

The Board expresses its sincere appreciation to Mr Band for his services on the Nominations
Committee since its JSE listing on May 30th 2016.


In compliance with Rules 3.63 – 3.74 of the Listings Requirements of the JSE Limited, the following
information is disclosed in relation to the dealing in the Company’s securities:

        Company secretary:                       AK Biggs

        Date of transaction:                     April 1 2019

        Number of shares:                        1 981

        Selling price:                           R296.51

        Total value:                             R584 641.11

        Class of shares:                         Ordinary

        Nature of transaction:                   Exercise of replacement rights and sale of shares

        Nature of interest:                      Direct beneficial

Clearance in terms of paragraph 3.66 was obtained from the Chief Financial Officer of Bid Corporation
Limited. All the dealings in securities were done on-market.

Date: April 3rd 2019

Sponsor:        The Standard Bank of South Africa Limited

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