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Zeder Unbundling: Closing Price of Zeder Investments Limited and Kaap Agri Limited Shares on Record Date

Published: 2022-04-01 15:36:00 ET
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Zeder Investments Limited (JSE:ZED) News - Zeder Unbundling: Closing Price of Zeder Investments Limited and Kaap Agri Limited Shares on Record Date

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”)

ZEDER UNBUNDLING: CLOSING PRICE OF ZEDER INVESTMENTS LIMITED AND KAAP AGRI
LIMITED SHARES ON RECORD DATE

Shareholders are referred to the announcements published by the Company on the Stock Exchange
News Service on 28 February 2022, 22 March 2022 and 31 March 2022 regarding the unbundling of
the Company's shareholding in Kaap Agri Limited (“Kaap Agri”) (“Zeder Unbundling”). In particular,
the Company intends to unbundle 31 286 956 Kaap Agri no par value ordinary shares, comprising
approximately 42.2% of the total issued share capital of Kaap Agri, to shareholders of Zeder
(“Shareholders”) by way of a pro rata distribution in specie, in the ratio of 1 Kaap Agri share for every
49.22692 Zeder shares held by Shareholders on the record date of the Zeder Unbundling.

As per the applicable JSE Limited corporate action timetable, the Company advises that, on
1 April 2022, the closing price of Zeder ordinary shares amounted to R2,67 per share and of Kaap
Agri ordinary shares amounted to R46,00 per share respectively.

Stellenbosch
1 April 2022

Transaction Advisor and Sponsor
PSG Capital 

Independent Joint Sponsor
Tamela Holdings                     
                                                  

Date: 01-04-2022 05:36:00
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