Wrap Text
Filing of Form F-3 Registration Statement with the U.S. Securities and Exchange Commission
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 Filing of Form F-3 Registration Statement with the U.S. Securities
and Exchange Commission
Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company" or “it” or “we”),
a global provider of maritime transportation services predominantly in the drybulk sector, announced that it
has filed a Form F-3 Registration Statement with the U.S. Securities and Exchange Commission (the “SEC”) on
August 23, 2021.
A prospectus is included as part of a registration statement on Form F-3, utilizing a “shelf” registration process.
Under this shelf registration process, we and/or the selling shareholders may offer and sell any ordinary shares
described in the prospectus in one or more offerings at a future date or dates. The prospectus provides you
with a general description of the ordinary shares we and/or the selling shareholders may offer. To the extent
required, the ordinary shares to be sold, the names of the selling shareholders, the respecBve purchase prices
and public o?erings prices, the names of any agents, dealer or underwriter, any applicable commissions or
discounts with respecBve to a parBcular o?er will be set forth in an accompanying prospectus supplement or, if
appropriate, a post-e-ecBve amendment to the registraBon statement that includes this prospectus. The
registraBon statement on Form F-3 is subject to review and has not been declared e?ecBve as of this date.
The Offer and Expected Timeline
Our company and certain selling shareholders may offer and sell from time to time pursuant to the prospectus
(as may be detailed in prospectus supplements) up to 3,862,004 ordinary shares and up to 8,094,282 ordinary
shares, respectively. The actual offer per ordinary share will depend on a number of factors that may be relevant
as of the time of offer. For full details on the Company’s shelf registration statement on Form F-3, please refer
to http://www.grinshipping.com/Content/SECFilings.
Selling Shareholders
The selling shareholders may from time to time offer and sell pursuant to this prospectus and the applicable
prospectus supplement up to an aggregate of 8,094,282 ordinary shares. The selling shareholders comprise
entities that hold ordinary shares that may be deemed “control” or “restricted” securities for purposes of the
Securities Act of 1933, as amended (the “Securities Act”). The selling shareholders acquired the ordinary shares
in connection with the “Spin-Off” (as described in our 2020 Annual Report and/or through purchases in the
market of ordinary shares initially distributed as part of the Spin-Off).
About Grindrod Shipping Holdings Ltd.
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 31 vessels consisting of 15 handysize drybulk carriers and 16 supramax/ultramax
drybulk carriers. The Company also owns one medium range product tanker on bareboat charter. The Company
is based in Singapore, with offices in London, Durban, Tokyo, Cape Town and Rotterdam. Grindrod Shipping is
listed on NASDAQ under the ticker “GRIN” and on the JSE under the ticker “GSH”.
Rule 134 Disclosure
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange
Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be
accepted, prior to the time the registration statement becomes effective. This press release does not constitute
an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities
in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy,
or any sales of securities will be made in accordance with the registration requirements of the Securities Act of
1933, as amended (“Securities Act”). This announcement is being issued in accordance with Rule 134 under the
Securities Act.
Forward-Looking Statements
The statements in this press release that are not historical facts may be forward-looking statements. The Private
Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in
order to encourage companies to provide prospective information about their business. The Company desires
to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is
including this cautionary statement in connection with this safe harbor legislation. The forward-looking
statements in this press release are based upon various assumptions, including, without limitation, Grindrod
Shipping management's examination of historical trends, data contained in the Company's records and other
data available from third parties. Although the Company believes that these assumptions were reasonable when
made, because these assumptions are inherently subject to significant uncertainties and contingencies which
are difficult or impossible to predict and are beyond the Company's control, the Company cannot assure you
that it will achieve or accomplish these expectations, beliefs or projections. These forward-looking statements
involve risks and uncertainties that could cause actual results to differ materially from those discussed in the
forward-looking statements. These risks and uncertainties include, among others, those discussed in Grindrod
Shipping's public filings with the SEC. Except as required by law, Grindrod Shipping undertakes no obligation to
update publicly or release any revisions to these forward-looking statements to reflect events or circumstances
after the date of this press release or to reflect the occurrence of unanticipated events.
Company Contact: Investor Relations / Media Contact:
Martyn Wade / Stephen Griffiths Nicolas Bornozis / Daniela Guerrero
CEO / CFO Capital Link, Inc.
Grindrod Shipping Holdings Ltd. 230 Park Avenue, Suite 1536
200 Cantonment Road, #03-01 Southpoint New York, N.Y. 10169
Singapore, 089763 Tel.: (212) 661-7566
Email: ir@grindrodshipping.com Fax: (212) 661-7526
Website: www.grinshipping.com Email: grindrod@capitallink.com
By order of the Board
24 August 2021
Sponsor: Grindrod Bank Limited
3
Date: 24-08-2021 08:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
