Enhanced Investments - Financial Portal

Update announcement in respect of the Special Dividend

Published: 2023-08-08 11:55:25 ET

ZEDER INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2006/019240/06)
Share code: ZED
ISIN: ZAE000088431
LEI: 37890022AF5FD117D649
(“the Company” or “Zeder”)


UPDATE ANNOUNCEMENT IN RESPECT OF THE SPECIAL DIVIDEND



Shareholders of Zeder (“Shareholders”) are referred to the special dividend declaration
announcement released by the Company on the Stock Exchange News Service of the JSE (“SENS”)
on 25 July 2023 (“Declaration Announcement”), advising shareholders that the Zeder board has
approved and declared a non-recurring special gross dividend of 5.0 cents per Zeder share, from
income reserves ("Special Dividend"), subject to the required South African Reserve Bank approval
being obtained for the declaration of the special dividend ("Condition").

Shareholders are advised that the Condition has not yet been fulfilled and, accordingly, the expected
timetable for the Special Dividend will need to be revised. Once the Condition has been fulfilled, a
further announcement will be published by the Company on SENS, which will include the
revised timetable, including the date of payment of the Special Dividend.

Stellenbosch
8 August 2023

                  Sponsor                               Independent Joint Sponsor
                 PSG Capital                                Tamela Holdings

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

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.