OK, the BVT BID apportionment ratios are out on SENS.
You will need to amend gcr's cost prices accordingly.
BVT cost = R38113
BID cost = R97734
Total = original cost = R135847
Apportionment ratio
Pursuant to the Binding Class Ruling obtained, Shareholders are hereby advised that the
expenditure and market value, as the case may be, of their Bidvest ordinary shares as
referred to above must be apportioned in the ratio of 28.05585% to a Bidvest ordinary
share held after the Unbundling and 71.94415% to an unbundled BidCorp ordinary share
(“Apportionment Ratios”).
The Apportionment Ratios are based on the closing price of R 118.55 per Bidvest share
and R 304.00 per BidCorp share on May 30 2016 being the Unbundling date.
