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 Timing of implemention of Bidvest Group Offer

Shareholders of Bidvest Namibia are referred to the circular to Bidvest Namibia Shareholders containing details of a conditional take-over by the Bidvest Group to Bidvest Namibia Shareholders, to acquire all remaining Bidvest shares not owned by the Bidvest Group by way of a take-over scheme (‘offer’). Subsequent to the acceptance of the Delisting Resolution by the requisite majority, the offer has been declared unconditional by the Bidvest Group  and has become effective, irrevocable an open for acceptance during the Acceptance Period.

Sens Results of General Meeting: Declaration of withdrawl

Further to the cautionary announcement released on the Stock Exchange News Service (“NENS”) of the Namibian Stock Exchange (“NSX”) on 12 December 2018, the subsequent renewal of the Cautionary Announcement released on NENS on 23 January 2019 and 1 March 2019 and the announcements released on NENS on 11 April 2019 and 25 April 2019.  Shareholders are hereby advised that the requisite majority of Bidvest Namibia shareholders eligible to vote, have approved the delisting. In terms of this passed resolution, the listing of all the Bidvest Namibia Shares of
Bidvest Namibia on the Main Board of the NSX be suspended and terminated with effect from 11 June 2019 or at such times and such dates as will be approved in accordance with the Bank of Namibia and by the NSX

Sens E&Y – Fair and Reasonable Opinion Supplementary Information

Further to the cautionary announcement released on the Stock Exchange News Service of the Namibian Stock Exchange on 25 April 2019 relating to the circular to shareholders, supplementary information relating to the sum of the parts valuation, culminating in the fair and reasonable valuation range of N$8.95 to N$9.45 as per the E&Y Fair and Reasonable opinion included in the circular, is available on the this website.

Sens Circular Notice to Shareholders

Further to the cautionary announcement released on the Stock Exchange News Service of the Namibian Stock Exchange on 12 December 2018, the subsequent renewal of the Cautionary Announcement released on NENS on 23 January 2019 and 1 March 2019 and the announcement released on NENS on 11 April 2019. A combined circular has been issued today by Bidvest Namibia Limited and the Bidvest Group to a conditional Take-over offer in terms of sections 320 – 327 of the Companies Act….

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