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Bid Corporation Limited (JSE:BID) News - Disclosure of Significant Holding
Bid Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number: 1995/008615/06
Share Code: BID
ISIN: ZAE000216537
(“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 Friday, March 25th 2022, Bidcorp received notification in terms of
section 122(1) of the Companies Act, that J.P. Morgan Chase & Co. (“JPMorgan”) has disposed of a
beneficial interest in the securities of the company, such that the entire beneficial interest held by JP
Morgan’s clients now amounts to 8,77% of the total number of securities in issue (previously held
10,17% of the total number of securities in issue as at March 21st 2022).
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”).
Date: March 28 2022
Johannesburg
Sponsor: The Standard Bank of South Africa Limited
Date: 28-03-2022 02:20:00
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