Bidvest Cup 2015 Launched

Posted: 20 Jan 2015

The Bidvest Namibia Cup 2015 was launched in Windhoek this evening. The launch also served as the draw for the Round of 32 matches, while exciting competitions and developments were revealed.In his address the CEO of Bidvest Namibia, Sebby Kankondi said the group’s investment was aimed at developing the youth of Namibia.

“This investment was a conscious and deliberate decision; and was based on the knowing that we are investing in youth development and that it is the right thing to do. We hope that the excitement and interest created by the Bidvest Namibia Cup has renewed our youth’s drive to work harder on the sports field, but also take the display of good sportsmanship during the previous tournaments to heart, so that they can emulate the values of sportsmanship in all spheres of their lives forward,” he added.

Kankondi noted that the sponsorship had entered its final year, and Bidvest Namibia would not renew their contribution to the cup. He added that Bidvest Namibia is realigning its social investment drive towards other community upliftment projects. “The past two tournaments have been exciting events, and has afforded us the opportunity to create new connections, strengthen existing relations, while warming the hearts of our aspiring and existing soccer talent,”

He said that the cup has highlighted and important aspect that he felt the youth should strive for in all spheres of their lives. “I wish reiterate the value of sportsmanship. It’s one of the most admirable values and qualities a person can show, as it cuts deep into the character of that person. The Bidvest Namibia Cup aims to instill this value in our youth, as it involves adhering to the rules of fair play (fairness) and respect for others. Although it sometimes means accepting defeat graciously, it also should serve as encouragement ‘to stand up when you fall and to keep moving forward,” Kankondi said.

The president of the Namibia Football Association Frans Mbidi thanked Bidvest Namibia for their investment, saying they had done a great job. “This tournament has been exceptionally organised by Bidvest Namibia and the football family would like to thank you for your dedication to the sport. The Bidvest Namibia Cup is the biggest event on the Namibian football calendar and touches most of our players and fans across the country,” he said.

Bigger and Better

With the lessons learned from the first two years of the sponsorship, Bidvest Namibia is set to raise the ante even higher. The same play-off format will be followed while many of the games will be played in various towns in all 14 regions as part of Bidvest Namibia’s commitment of bringing the games closer to the fans and communities. The winning team will receive prize money of N$550 000, while the runners up will receive N$220 000 and the losing semifinalists N$100 000 each. There will also be several individual awards with each man of the match from the Round of 16 N$2 000, while the man of the match of the final will receive N$5 000. The player of the tournament and the top goal scorer will each receive N$25 000.

It was also revealed that the Bidvest Namibia Cup was nominated for the Discovery Sports Industry Awards (Africa) in the category of the Best African Sponsorship. These awards pits the best brands in sports sponsorship on the African continent.

Similarly, soccer enthusiasts and the public will also be able to participate in various initiatives and the widely popular “selfie”-competition, while Bidvest Namibia Cup regalia will also be given to lucky supporters at the games. An All-Access-Pass competition will also be launched in conjunction with the Bidvest sponsored Sunderland AFC, which will run from the Round of 32 to the final.

With this competition, football supporters enter through their match tickets, by writing their names and contact details on the stub and putting it into a sealed entry box at the stadiums. The more games they attend the better their chances are to winning the prize. This includes an all-expenses paid trip for 2 to attend a Sunderland AFC game against any top 3 English Premier league teams at the Stadium of light. They will receive Sunderland A.F.C. regalia, attend a training session, Stadium of Light tour, and get to meet the players.

The winner will be drawn at a lucky draw live on NBC before kick at the final of the Bidvest Namibia Cup.

Round of 32

There are three all-Premier League encounters with Civics taking on Rebels, Orlando Pirates up against Tura Magic and United Stars taking on Julinho Sporting. The rest of the draw is as follows:

Touch & Go v Ohangwena Nampol,
Otjiwarongo FC v the winner between Java Java and Spiders FC;
Citizens v Benfica;
Cuca Tops v African Stars;
Unam v the Southern Stream First Division winner which will be concluded this weekend;
Eleven Arrows v Pubs FC;
Oshikoto Nampo v Omaheke Nampo;
Young Chiefs v Ogongo United;
Tigers v Western Stars;
Shooting Stars v Black Africa;
Mighty Gunners v Kangweru Black Tops;
Swakopmund FC v Real Fighters and Blue Waters v Vietnam Rangers.

Another surprise at the launch was the award of a Sunderland A.F.C jersey to the Windhoek Observer reporter, Jesse Jackson Kauraisa.

Natasha Drotsky, PRO of Bidvest Namibia said the competition and prize was a gesture of appreciation to the media “Without the media and their ongoing support for the 5 months of the past two years of the Bidvest Namibia Cup it would not be the success story that it is. We say thank you for everything you have done thus far and we look forward to more great coverage and reporting on the 2015 Cup as well.”

Kauraisa, the winner of the jersey said: “I’m so happy I won this. Normally, I don’t win anything and it was just a sign that my 2015 will be full of the best of luck and I will wear this jersey with pride because I don’t win every day really”. He added that he was so surprised when he was called up on stage to receive his price as he did not anticipate that on the night.

Notice Board

Sens Binding Conditional Offer for take-over

The shareholders of Bidvest Namibia are informed that on 10 April 2019, Bidvest Namibia received a Binding Conditional Offer (“”Offer”) from Bidvest Group, the majority shareholder of Bidvest Namibia, to acquire all of the shares held by the minority shareholders in Bidvest Namibia (“Bidvest Namibia Shareholders”) at 10.50 per share, which Offer will be subject to inter alia the successful passing of the De-listing Resolution as set out in the conditions, together with the take-over statement and Offer amounts to a takeover scheme.

Sens Bidvest Group take-over offer

Shareholders of Bidvest Namibia are informed that Bidvest Namibia has received a intended binding offer from Bidvest Group, the majority shareholder of Bidvest Namibia, in terms of which Bidvest Group intends to make an offer to acquire all of the outstanding ordinary shares in Bidvest Namibia not currently held by Bidvest Group, by way of a take-over scheme. The amount offered in terms of the Intended Conditional Offer is a cash only consideration of N$10.50 per Offer Share, subject to the successful passing of the De-listing Resolution as set out in paragraph 2 below.

Sens Impact of Sale of Bidfish on EPS

Investors are referred to the NENS announcement released on August 31, 2018 relating to the finalization announcement of the sale by Bidvest Namibia of the entire issued capital of Bidvest Fisheries Holdings to Tuncar Fisheries. The results of Bidfish have been presented as discontinued.

Sens Sens Cautionary

Further to the cautionary announcement dated December 12, 2018, shareholders are advised that the Company has entered into discussions, which if successfully concluded, may have a
material effect on the price of the Company´s securities. Accordingly, shareholders are advised to continue to exercise caution when dealing in Bidvest Namibia´s securities until a final announcement is made.

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