BID CORPORATION LIMITED - Granting Of Conditional Share Awards In Terms Of The 2016 Bidcorp Conditional Share Plan

Granting Of Conditional Share Awards In Terms Of The 2016 Bidcorp Conditional Share Plan

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")

GRANTING OF CONDITIONAL SHARE AWARDS IN TERMS OF THE 2016 BIDCORP CONDITIONAL
SHARE PLAN ("CSP")

Executive directors of the company have been awarded Conditional Share Awards in terms of the 2016
Bidcorp Conditional Share Plan, approved by shareholders at the general meeting in April 2016.

Conditional Share Awards for executive directors are subject to performance conditions as set out in
the 2023 Bidcorp Remuneration Report, which if satisfied, will vest in September 2026 and
September 2027.

The remuneration committee has given approval for the following individual allocations which have
been accepted by the participants on Thursday, June 27th 2024.

    •   B L Berson                                     170 000 conditional share awards
        Nature of interest                             Direct beneficial
        Price per award @ COB on June 27th 2024        R425,41
        Deemed total value of transaction              R72,319,700


    •   D E Cleasby                                    80 000 conditional share awards
        Nature of interest                             Direct beneficial
        Price per award @ COB on June 27th 2024        R425,41
        Deemed total value of transaction              R34,032,800

The above transactions were all performed off market and the necessary approvals were obtained.


Date: June 28th 2024
Johannesburg

Sponsor: The Standard Bank of South Africa Limited

Date: 28-06-2024 03:40:00
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