Zeder Investments Limited (JSE:ZED) News - Category 1 Disposal: Distribution of Circular and Notice of General Meeting

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

CATEGORY 1 DISPOSAL: DISTRIBUTION OF CIRCULAR AND NOTICE OF GENERAL MEETING

1.     INTRODUCTION

1.1.      Shareholders are referred to Zeder’s announcement released on SENS on
          12 November 2021 (“Disposal Announcement”) in terms of which Zeder advised
          shareholders of the conclusion of the agreement for the disposal by Zeder Financial
          Services Limited, a wholly-owned subsidiary of Zeder, of its shareholding in The
          Logistics Group (“TLG Disposal”).

1.2.      Capitalised terms used below and that are not otherwise defined, bear the meanings
          ascribed to them in the Circular (as defined below).

2.     DISTRIBUTION OF CIRCULAR AND NOTICE OF GENERAL MEETING

2.1.      A circular (“Circular”), detailing the TLG Disposal, will be distributed to shareholders
          today, 15 February 2022. The Circular incorporates a notice (“Notice”) convening a
          general meeting of shareholders (“General Meeting”) for the purpose of considering,
          and, if deemed fit, passing, with or without modification, the resolutions required for
          approving and implementing the TLG Disposal.

2.2.      Shareholders are advised that, as a result of the impact of the COVID-19 pandemic,
          the General Meeting will be held in electronic format only. Further details regarding
          the manner in which Shareholders may participate electronically in the General
          Meeting are set out in the Circular.

2.3.      Accordingly, notice is hereby given that the General Meeting will be held and
          conducted entirely by electronic communication at 10:30 a.m. on Tuesday,
          15 March 2022, to consider and, if deemed fit, to pass, with or without modification,
          the resolutions set out in the Notice.

2.4.      The Circular is available in English only. Copies may be obtained during normal
          business hours from the registered office of Zeder and from the offices of the Zeder’s
          sponsor, PSG Capital, from Tuesday, 15 February 2022 until Tuesday, 15 March 2022, 
          (both days inclusive). A copy of the Circular will also be available on 
          Zeder’s website (https://www.zeder.co.za).

3.     SALIENT DATES AND TIMES

       Shareholders are referred to the table below setting out salient dates and times in relation to
       the General Meeting and the TLG Disposal.

                                                                                        2022

  Notice record date, being the date on which a Shareholder               Friday, 4 February
  must be registered in the Register in order to be eligible to
  receive the Notice of General Meeting on

  Circular incorporating the Notice of General Meeting and              Tuesday, 15 February
  Form of Proxy (grey), distributed to Shareholders on

  Announcement of distribution of Circular and Notice of                Tuesday, 15 February
  General Meeting released on SENS on

  Announcement of distribution of Circular and Notice of              Wednesday, 16 February
  General Meeting published in the South African press on

  Last day to trade Shares in order to be recorded in the                   Tuesday, 1 March
  Register to vote at the General Meeting on

  General Meeting record date, being the date on which a                     Friday, 4 March
  Shareholder must be registered in the Register in order to be
  eligible to attend and participate in the General Meeting and
  to vote thereat, by close of trade on

  For administrative reasons, Forms of Proxy (grey) in respect              Friday, 11 March
  of the General Meeting to be received by the Transfer
  Secretaries by no later than 10:30 on

  Forms of Proxy (grey) not lodged with the Transfer                       Tuesday, 15 March
  Secretaries to be handed to the chairman of the General
  Meeting or the Transfer Secretaries at the General Meeting
  at any time before the proxy exercises any rights of the
  Shareholder at the General Meeting on

  General Meeting held at 10:30 on                                         Tuesday, 15 March
 
  Results of the General Meeting published on SENS on                      Tuesday, 15 March

  Results of the General Meeting published in the South                  Wednesday, 16 March
  African press on


Notes:

i.    All of the above dates and times are subject to change. Any changes made will be
      notified to shareholders on SENS.

ii.   If the General Meeting is adjourned or postponed, the above dates and times will
      change, but forms of proxy submitted for the initial General Meeting will remain valid in
      respect of any such adjournment or postponement of the General Meeting.
iii.   All times indicated above and elsewhere in this announcement are in South African
       Standard Time.

iv.    Shareholders should note that, as transactions in shares are settled in the electronic
       settlement system used by Strate, settlement of trades takes place three South African
       Business Days after such trade. Therefore, persons who acquire Shares after close of
       trade on Tuesday, 1 March 2022 will not be eligible to attend, participate in and vote at
       the General Meeting.

 Stellenbosch
 15 February 2022


 Transaction advisor and sponsor
 PSG Capital


 Independent joint sponsor
 UBS South Africa

Date: 15-02-2022 02:15:00
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