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Disclosure of Significant Holding of Bidvest Ordinary Shares

Published: 2024-03-28 18:45:22 ET
<<<  go to JSE:BVT company page
THE BIDVEST GROUP LIMITED
 (Incorporated in the Republic of South Africa)
Registration number: 1946/021180/06
Share code: BVT
ISIN ZAE000117321
(“Bidvest” or “the Company”)

DISCLOSURE OF SIGNIFICANT HOLDING OF BIDVEST 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, shareholders are advised of the following:

JPMorgan Chase & Co. notified the Company that accounts under its management have
decreased their holding in the Company, such that their total interest in the Company
now amounts to 3.85% of the total issued shares of the Company.

As required in terms of section 122(3)(a) of the Companies Act, Bidvest has filed the
required notice with the Takeover Regulation Panel.

In making this announcement, the Bidvest Board has relied on the accuracy of the
information contained in the notification from JPMorgan Chase & Co. and accepts
responsibility for such information as it relates to the Company. The Board confirms that
to the best of its knowledge and belief, this information is true and does not omit anything
likely to affect the importance of this disclosure.



Date: 28 March 2024
Johannesburg
Sponsor: Investec Bank Limited