Edition:
United Kingdom

Bidvest Group Ltd (BVTJ.J)

BVTJ.J on Johannesburg Stock Exchange

21,947.00ZAc
18 Apr 2019
Change (% chg)

101.00 (+0.46%)
Prev Close
21,846.00
Open
21,680.00
Day's High
22,019.00
Day's Low
21,538.00
Volume
748,841
Avg. Vol
1,080,018
52-wk High
24,738.00
52-wk Low
17,200.00

Latest Key Developments (Source: Significant Developments)

S. Africa's Reserve Bank Says Prudential Authority Imposes Administrative Sanctions On Bidvest Bank
Friday, 15 Mar 2019 

March 15 (Reuters) - S. AFRICA'S RESERVE BANK::S. AFRICA'S RESERVE BANK- PRUDENTIAL AUTHORITY IMPOSES ADMINISTRATIVE SANCTIONS ON BIDVEST BANK LIMITED.S. AFRICA'S RESERVE BANK- SANCTIONS WERE IMPOSED BECAUSE WEAKNESSES WERE IDENTIFIED IN BIDVEST BANK’S PROCESSES TO COMPLY WITH FIC ACT PROVISIONS.S. AFRICA'S RESERVE BANK- ADMINISTRATIVE SANCTIONS IMPOSED ON BIDVEST BANK ARE A FINANCIAL PENALTY OF R5.25 MILLION.S. AFRICA'S RESERVE BANK-BIDVEST BANK COOPERATING WITH PA, TAKEN NECESSARY MEASURES TO ADDRESS IDENTIFIED COMPLIANCE DEFICIENCIES, CONTROL WEAKNESSES.  Full Article

Bidvest Says JPMorgan Chase & Co's Stake Now Amounts To 5.06%
Friday, 8 Mar 2019 

March 8 (Reuters) - Bidvest Group Ltd ::JPMORGAN CHASE & CO NOTIFIED COMPANY THAT SUCH ACCOUNTS UNDER ITS MANAGEMENT HAVE INCREASED THEIR HOLDING IN COMPANY.JPMORGAN CHASE & CO'S TOTAL INTEREST IN COMPANY NOW AMOUNTS TO 5.06% OF TOTAL ISSUED SHARES OF COMPANY.  Full Article

Bidvest Names Mpumi Madisa as CEO Designate
Monday, 4 Mar 2019 

March 4 (Reuters) - Bidvest Group Ltd ::BIDVEST APPOINTS CHIEF EXECUTIVE - DESIGNATE.BIDVEST BOARD HAS DEEMED IT TIMEOUS AND APPROPRIATE TO TODAY APPOINT MPUMI MADISA AS CHIEF EXECUTIVE - DESIGNATE.LINDSAY RALPHS WILL CONTINUE AS GROUP CHIEF EXECUTIVE UNTIL 2021 FINANCIAL YEAR.  Full Article

Bidvest HY HEPS Up 9.6 Pct To 629.1 Cents Per Share
Monday, 4 Mar 2019 

March 4 (Reuters) - Bidvest Group Ltd ::BIDVEST GROUP LTD - HY HEPS UP 9.6% TO 629.1 CENTS PER SHARE.BIDVEST GROUP LTD - INTERIM DIVIDEND OF 282 CENTS PER SHARE.BIDVEST GROUP LTD - HY NORMALISED HEPS 635.7 CENTS PER SHARE.BIDVEST GROUP LTD - HY REVENUE 40.0 BILLION RAND VERSUS 39.9 BILLION RAND.BIDVEST -CONTINUES TO HOLD INVESTMENTS IN ADCOCK INGRAM (38.5%), COMAIR (27.2%), MUMBAI AIRPORT (6.75%), OTHER LISTED AND UNLISTED INVESTMENTS.BIDVEST GROUP LTD - PROGRESS ON BIDVEST FREIGHT'S R1.0 BILLION LIQUIFIED PETROLEUM GAS PROJECT IS ON SCHEDULE.BIDVEST GROUP - CORE COMPETENCIES & DRIVERS OF CO REMAIN FIRMLY INTACT AND EXPECT THAT CONTINUED GROWTH WILL BE ACHIEVED IN FINANCIAL YEAR.BIDVEST GROUP LTD - DISPOSAL OF OUR STAKE IN MIAL IS PROGRESSING.BIDVEST GROUP LTD - MANAGEMENT REMAINS COMMITTED TO NON-CORE ASSET DISPOSALS, BUT ONLY AT FAIR VALUE.  Full Article

S.A. Competition Tribunal Approved Bidvest Freight-Sebenza Merger Without Conditions
Friday, 14 Dec 2018 

Dec 14 (Reuters) - S.A. COMPETITION TRIBUNAL::S.A. COMPETITION TRIBUNAL - UNCONDITIONALLY APPROVED MERGER BETWEEN TC GROUP LLC, APOLLO AVIATION HOLDING.SA'S COMPETITION TRIBUNAL- APPROVED BIDVEST FREIGHT-SEBENZA FORWARDING AND SHIPPING MERGER WITHOUT CONDITIONS.  Full Article

Bidvest Says All Divisions Achieved Trading Growth YTD
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Bidvest Group Ltd ::JSE: BVT - VOLUNTARY TRADING UPDATE: FOUR MONTHS TO OCTOBER 2018.BIDVEST - YTD OPERATING PERFORMANCE SOLID NOTWITHSTANDING SLUGGISH ECONOMIC GROWTH, POLITICAL INSTABILITY, WANING BUSINESS CONFIDENCE IN SOUTH AFRICA.BIDVEST GROUP LTD - ALMOST ALL DIVISIONS ACHIEVED TRADING RESULT GROWTH YTD.  Full Article

S.Africa's Competition Commission Recommends Approval Of Barrick-Randgold Deal
Monday, 29 Oct 2018 

Oct 29 (Reuters) - S.Africa's Competition Commission::S.AFRICA'S COMPETITION COMMISSION - RECOMMENDED TO TRIBUNAL THAT BARRICK'S PROPOSED DEAL TO BUY RANDGOLD BE UNCONDITIONALLY APPROVED.SA'S COMPETITION COMMISSION- APPROVED, WITHOUT CONDITIONS, THE PROPOSED TRANSACTION WHEREBY WALT DISNEY CO INTENDS TO ACQUIRE 21CF.S.AFRICA'S COMPETITION COMMISSION - UNCONDITIONALLY APPROVED BIDPAPER'S PROPOSED DEAL TO BUY ALUMINIUM FOIL CONVERTERS.SA'S COMPETITION COMMISSION- APPROVED THE MERGER WITHOUT CONDITIONS WHEREBY SONY INTENDS TO ACQUIRE EMI.S.AFRICA'S COMPETITION COMMISSION - RECOMMENDED TO TRIBUNAL THAT DISCHEM'S PROPOSED DEAL TO BUY QUENETS & BRANDWACHT BE UNCONDITIONALLY APPROVED.  Full Article

Bidvest Financial Services Buys Cannon Asset Managers
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Bidvest Group Ltd ::ACQUIRES CANNON ASSET MANAGERS.‍CANNON WILL OPERATE AS SEPARATE BUSINESS IN BIDVEST FINANCIAL SERVICES DIVISION.  Full Article

Bidvest Financial Services acquires majority shareholding in FinGlobal
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - BIDVEST FINANCIAL SERVICES: :ACQUIRED A MAJORITY SHAREHOLDING IN FINANCIAL MIGRATION SERVICES COMPANY, FINGLOBAL.  Full Article

Bidvest to satisfy solvency and liquidity test after financial help​
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Bidvest Group Ltd :‍IMMEDIATELY AFTER PROVIDING SUCH FINANCIAL ASSISTANCE, COMPANY WOULD SATISFY SOLVENCY AND LIQUIDITY TEST​.  Full Article

UPDATE 2-South Africa's Bidvest confirms Madisa as CEO-in-waiting

* Bidvest shares down 0.07 pct to 211.46 rand at 1350 GMT (Recasts with CEO designate)