Enhanced Investments - Financial Portal

Grindrod Shipping Holdings Ltd. Announces Disclosures Updates

Published: 2023-04-28 09:30:44 ET

GRINDROD SHIPPING HOLDINGS LTD.
ABBREVIATED NAME: GRINSHIP
Registered in Singapore with registration number 201731497H
JSE Share code: GSH
ISIN: SG9999019087
Primary listing on NASDAQ Global Select Market
Secondary listing on the JSE Main Board

Grindrod Shipping Holdings Ltd. Announces Disclosures Updates

On 27 April 2023, Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or
“Company” or “we” or “us” or “our”), a global provider of maritime transportation services predominantly
in the drybulk sector, provided the following updates:

As previously announced, Taylor Maritime Investments Limited (LON: TMI) (“TMI”), through a wholly-
owned subsidiary, has acquired approximately 83.23% of the outstanding shares of Grindrod Shipping
Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping”). TMI publishes from time to time annual
and quarterly financial information as well as other important information concerning its business on the
London Stock Exchange website, TMI’s website (https://taylormaritimeinvestments.com) and elsewhere.
Such information may include financial and other information concerning Grindrod Shipping. For example,
on 27 April 2023, TMI published a quarterly NAV announcement and trading update, factsheet and
investor presentation on the London Stock Exchange and its website which included information regarding
Grindrod Shipping. Such information is not included as part of, or incorporated by reference in any of
Grindrod Shipping’s public filings or releases.

In addition, TMI and Grindrod Shipping are continuing to make progress on capitalizing on synergies from
a combined fleet across commercial, technical and corporate activities.
About Grindrod Shipping

Grindrod Shipping predominantly owns and operates a diversified fleet of owned and long-term and short-
term chartered-in drybulk vessels. The drybulk business, which operates under the brand “Island View
Shipping” (“IVS”) includes a core fleet of handysize and supramax/ultramax drybulk carriers. The Company
is based in Singapore, with offices in London, Durban, Tokyo and Rotterdam. Grindrod Shipping is listed
on NASDAQ under the ticker “GRIN” and on the JSE under the ticker “GSH”.

Company Contact: Investor Relations / Media Contact:
Edward Buttery
CEO
Grindrod Shipping Holdings Ltd. Grindrod Shipping Holdings Ltd.
200 Cantonment Road, #03-01 Southpoint 200 Cantonment Road, #03-01 Southpoint
Singapore, 089763 Singapore, 089763
Email: ir@grindrodshipping.com Email: ir@grindrodshipping.com
Website: www.grinshipping.com Website: www.grinshipping.com

By order of the Board
28 April 2023
Sponsor: Grindrod Bank Limited

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329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.