Sharenet Sites 
Sharenet Sites
Award of Long-Term Incentives in terms of the Bidvest Conditional Share Plan and Director Dealings in Securities
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
AWARD OF LONG-TERM INCENTIVES IN TERMS OF THE 2008 BIDVEST CONDITIONAL SHARE PLAN, SHARE
REPLACEMENT RIGHT SHARE OPTION SCHEME AND DIRECTOR DEALINGS IN SECURITIES
In compliance with Rules 3.63 – 3.65 of the JSE Listing Requirements, the following information is disclosed.
Conditional Share Plan
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 periods 1 July 2020 to
30 June 2023 and 1 July 2021 to 30 June 2024.
The remaining 25% of the 2020 awards vested in September 2023. Vesting of the 2021 awards occurs in two
tranches, September 2024 and September 2025, at a deemed value of R286.92 per share. The Remuneration
Committee has given clearance for the following:
NT Madisa 107 712 shares
MJ Steyn 51 827 shares
GC McMahon 42 124 shares
Simultaneously, the directors sold shares in the open market to cover the tax liability of the vesting and
balance personal portfolios:
Executive Director: NT Madisa
Date of transaction: 25 September 2024
Number of shares sold: 50 085
Price per share: R287.29
Total Value: R14,388,949.70
Class of shares: Ordinary
Executive Director: MJ Steyn
Date of transaction: 25 September 2024
Number of shares sold: 51 827
Price per share: R287.29
Total Value: R14,889,409.93
Class of shares: Ordinary
Executive Director: GC McMahon
Date of transaction: 25 September 2024
Number of shares sold: 42 124
Price per share: R287.29
Total Value: R12,101,829.23
Class of shares: Ordinary
Replacement Right share Option Scheme
Executive Directors sold shares relating to awards that expire in terms of the Bidvest Replacement Right Share
Option Scheme. Clearance in terms of paragraph 3.66 was obtained from the Chief Executive of Bidvest for the
following:
Executive Director: MJ Steyn
Date of transaction: 25 September 2024
Number of shares sold: 6 334
Price per share: R287.29
Total Value: R1,819,698.66
Class of shares: Ordinary
Executive Director: GC McMahon
Date of transaction: 25 September 2024
Number of shares sold: 8 445
Price per share: R287.29
Total Value: R2,426,169.12
Class of shares: Ordinary
All the dealings in securities were done on-market. The nature of interest in the above transactions is directly
beneficial to the respective directors.
Date: 26 September 2024
Johannesburg
Sponsor: Investec Bank Limited
Date: 26-09-2024 01:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
