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Change in shareholding notification

Buy Grindrod Stocks
Published: 2022-10-24 11:00:22 ET
<<<  go to JSE:GND company page
                                         Grindrod Limited
                         (Incorporated in the Republic of South Africa)
                             (Registration number 1966/009846/06)
                                   Share code: GND & GNDP
                            ISIN: ZAE000072328 & ZAE000071106
                                 (“Grindrod” or “the Company”)


                       CHANGE IN SHAREHOLDING NOTIFICATION


In accordance with section 122(3)(b) of the Companies Act 71 of 2008 (“the Act”) and section
3.83(b) of the JSE Limited Listings Requirements, holders of ordinary shares in the Company
are advised that the Public Investment Corporation SOC Limited (“PIC”) has acquired a
beneficial interest in the ordinary shares of the Company, such that the total beneficial interest
in the ordinary shares held by the PIC now amounts to 13.586% of the total number of Grindrod
ordinary shares in issue.

The board of Grindrod accepts responsibility for the information contained in this
announcement and confirms that, to the best of their knowledge and belief, such information
is true and this announcement does not omit anything likely to affect the importance of such
information included.

Grindrod hereby confirms that it has received the required notice from the PIC in terms of
section 122(3)(a) of the Act and that it has filed the required notices with the Takeover
Regulation Panel.

24 October 2022

Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited