BID CORPORATION LIMITED - Disclosure of significant holding of Bidcorp ordinary shares

Disclosure of significant holding of Bidcorp ordinary shares

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 Monday, October 30th 2023, Bidcorp received notification in terms
of section 122(1) of the Companies Act, that JPMorgan Chase & Co. ("JPMorgan") has disposed of a
beneficial interest in the securities of the company, such that the entire beneficial interest held by
JPMorgan's clients now amounts to 9,06% of the total number of securities in issue (previously held
10,83% 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").

The board of directors of the company accepts responsibility for the information contained in this
announcement having relied on the notice information as provided by JPMorgan in the Form
TRP 121.1 and, to the best of their knowledge and belief, such information is true and does not omit
anything likely to affect the importance of such information contained herein.



Date: October 31st 2023
Johannesburg

Sponsor:        The Standard Bank of South Africa Limited

Date: 31-10-2023 10:00:00
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