ZEDER INVESTMENTS LIMITED - Further Cautionary Announcement

Further Cautionary Announcement

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”)

FURTHER CAUTIONARY ANNOUNCEMENT

Shareholders are referred to Zeder’s cautionary announcement dated 14 April 2021
(“Cautionary Announcement”), advising that the Company had recently received several
approaches from third parties interested in acquiring a number of Zeder portfolio investments
(“Approaches”).

Zeder advised in the Cautionary Announcement that, should the Approaches ultimately result
in the Company entering into transactions with one or more of these parties, such transactions
may have a material effect on the price of the Company’s securities.

Zeder is still considering the Approaches in the context of its ongoing strategic review and
continues to engage with certain of these parties. Accordingly, shareholders are advised to
continue exercising caution when dealing in the Company’s securities until a further
announcement is made.

As indicated in the Cautionary Announcement, the Company anticipates that the evaluation of
the Approaches may take several months to finalise.

Stellenbosch
27 May 2021

Transaction advisor and sponsor
PSG Capital

Independent joint sponsor
UBS South Africa

Date: 27-05-2021 08:00:00
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