Mark John Steyn was appointed the Bidvest Group CFO after the previous Group CFO, Peter Meijer, Bidvest Group CFO, went on retirement earlier this year. Steyn, who is a CA (SA), joined Bidvest in May 1997 and has held various financial positions within Bidvest Freight. Since 2012, Mark held the position of chief financial officer of Bidvest Freight before being appointed to the Bidvest Group board as Group Chief Financial Officer on 1 March 2018. Mark now also serves on all the South African divisional boards and audit committees.
The board and the entire Bidvest family, expressed their gratitude to Peter for his 28 years of dedicated and valued service as well as his significant contribution to the growth and development of Bidvest.
The Bidvest Namibia board welcomes Mark to his new position, and looks forward to his ongoing contribution.
Bidvest Namibia hereby announces the unwinding of the Ovanhu and Endeni empowerment shareholding structures. Agreements were reached between Bidvest Group Limited (“Bidvest Group”), the majority shareholder in Bidvest Namibia, and the shareholders of Ovanhu and Endeni. In terms of these agreements Bidvest Group will acquire the entire share capital and all claims in Ovanhu and Endeni. Read the full details in the attached PDF.
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 exercise caution when dealing in Bidvest Namibia’s securities until a final announcement is made.
Notice is hereby given that the 28th annual general meeting of members of Bidvest Namibia Limited will be held at 1 Ballot Street, Windhoek, Namibia at 1 0:00 on Tuesday, November 20 2018.
Shareholders are advised that the integrated report for the year ended June 30 2018 will be available on October 22 2018. The audited results in the integrated report are identical to the audited results published on August 31 201 8. The integrated report is available on the website
of Bidvest Namibia.