Annual integrated report 2016

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Directors’ shareholdings
Beneficial
The individual beneficial interests declared by the current directors and officers in the company’s stated capital at June 30 2016 held directly or
indirectly were:
2016 2015
Number of shares Number of shares
Director Direct Indirect Direct Indirect
BL Berson 8 209 511 – –
DE Cleasby 129 314 – – –
B Joffe 221 544 20 060 – –
Total 350 866 229 571 – –
Non-beneficial
In addition to the aforementioned holdings:
■ ■ B Joffe is a trustee and potential beneficiary of a discretionary trust holding 1 009 960 (2015: nil) shares.
■ ■ DE Cleasby is a potential beneficiary of a family trust holding 750 (2015: nil) shares.
■ ■ DE Cleasby is a trustee of The Bidvest Group Limited retirement funds which holds 541 636 (2015: nil) shares.
There has been no change in the directors’ interest between 30 June and the issue date of the annual integrated report.
Directors’ remuneration
The remuneration paid to executive directors while in office of the company during the year ended June 30 2016 can be analysed as follows:
Remuneration and benefits paid to directors
by the company
Remuneration and benefits paid to directors by
The Bidvest Group Limited
Director
Basic
remuneration
R’000
Other
benefits
and costs
R’000
Retirement/
medical
benefits
R’000
Cash
incentives
R’000
Basic
remuneration
R’000
Other
benefits
and costs
R’000
Retirement/
medical
benefits
R’000
Cash
incentives
R’000
Total
emoluments
R’000
BL Berson 12 777 275 370 14 864 – – – – 28 286
DE Cleasby 335 19 41 442 3 693 495 439 4 858 10 322
B Joffe 9 115 45 38 10 311 8 133 1 755 873 8 800 39 070
2016 total 22 227 339 449 25 617 11 826 2 250 1 312 13 658 77 678
For comparative purposes the remuneration paid to the executive directors while in office of the company during the year ended June 30 2015 can
be analysed as follows:
Remuneration and benefits paid to directors by the company
Remuneration and benefits paid to directors by
The Bidvest Group Limited
Director
Basic
remuneration
R’000
Other
benefits
and costs
R’000
Retirement/
medical
benefits
R’000
Cash
incentives
R’000
Basic
remuneration
R’000
Other
benefits
and costs
R’000
Retirement/
medical
benefits
R’000
Cash
incentives
R’000
Total
emoluments
R’000
BL Berson 9 675 244 239 10 637 – – – – 20 795
DE Cleasby – – – – 3 662 428 414 4 500 9 004
B Joffe 6 536 – – 7 730 8 322 1 253 903 8 000 32 744
2015 total 16 211 244 239 18 367 11 984 1 681 1 317 12 500 62 543
Bidcorp Limited Annual integrated report 2016 | Page 49
Financial overview