Bidcorp directors awarded shares under long-term incentive scheme

Bid Corporation Limited announced that executive directors B. L. Berson and D. E. Cleasby have received Conditional Share Plan (CSP) awards, in compliance with JSE Listing Requirements. These off-market dealings were cleared by the Bidcorp Remuneration Committee.

B. L. Berson was awarded 150,000 Bidcorp ordinary shares on October 7, 2025, with a market value of R64,429,500.00 as of October 6, 2025. This transaction represents the delivery of shares from vested CSP awards, with a direct beneficial interest.

Similarly, D. E. Cleasby received 70,000 Bidcorp ordinary shares on October 7, 2025. The market value for these shares, also based on October 6, 2025, was R30,067,100.00. This also reflects the delivery of shares from vested CSP awards, with Cleasby holding a direct beneficial interest. The announcement was dated October 10, 2025, from Johannesburg.